All countries also saw proficiency gaps between adults of different education levels. For example, in Singapore, tertiary-educated adults scored 48 points higher in literacy than those with upper secondary education, who in turn scored 59 points higher than those with less than upper secondary education. Singapore also observed that literacy proficiency started to decline at … Read more
SINGAPORE: Training provider FirstCom Academy has been suspended for three months over its non-compliance with guidelines stipulated by SkillsFuture Singapore (SSG). This comes amid layoffs at the company, which focuses on short Workforce Skills Qualifications (WSQ) courses ranging from digital content creation to social media marketing. In a statement on Wednesday, SSG said that it has … Read more
SINGAPORE: The amount of financial aid for the involuntarily unemployed is meant to support jobseekers while ensuring that welfare dependency does not kick in, said economists and sociologists. Under the new SkillsFuture Jobseeker Support Scheme, lower- and middle-income workers who have lost their jobs would get up to S$6,000 (US$4,600) over a period of up to six months. … Read more
Subsidies and grants are not just meant to inject cashflow in a company – there should be room to invest in your company as well, says our guest in this week’s Money Talks. Read original article here Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the … Read more
The S$4,000 top-up can be used for certain training courses such as part-time or full-time diploma programmes and courses in the Progressive Wage Model sectors. “The Workers’ Party sees the deployment of SkillsFuture credits towards economically productive courses with employment outcomes as an important policy initiative of this Budget. “But we believe that many of … Read more
Despite these efforts, the middle-income bracket may continue to experience cost-of-living concerns, especially if they are squeezed by financial obligations such as caregiving and loan repayments. Though significant in providing much-needed relief, the S$1.9 billion enhancement to the Assurance Package, even when considering additional measures like the Personal Income Tax rebate and the LifeSG credits, … Read more
SUPPORT FROM EMPLOYERS Since the S$4,000 top-up can also be used for part-time courses, support from employers is key for workers pursuing these accreditations, HR experts said. Some employers may not want their employees to pursue courses because the company does not directly benefit from the training. If employees have to sacrifice promotions or a higher … Read more
