SkillsFuture Enterprise Credit
The SkillsFuture Enterprise Credit (SFEC) encourages employers to invest in enterprise transformation and capabilities of their employees.
Programmes that support enterprise transformation.
Job redesign initiatives, and curated training programmes by SkillsFuture Singapore and Workforce Singapore, such as training courses aligned to the Skills Framework, Professional Conversion Programmes and sector-specific programmes.
Eligible employers will receive a one-off S$10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes.
1 April 2019 – 31 March 2020
1 July 2019 – 30 June 2020
1 October 2019 – 30 September 2020
1 January 2020 – 31 December 2020
In each of the qualifying periods, eligible employers who meet the following conditions will be notified in writing:
• Have contributed at least S$750 Skills Development Levy over the period
• Have employed at least three Singapore Citizens (SCs) or Permanent Residents (PRs) every month over the same period
• Have not been qualified at any of the earlier periods