Are you a business owner in Singapore looking to expand your team but worried about the costs of hiring? Look no further than the various hiring grants available to help offset those expenses.
From the Workforce Singapore (WSG) Career Conversion Programmes to the SG United Mid-Career Pathway scheme , there are a variety of options that can provide financial assistance and support for your hiring needs. Below we'll explore the different grants available and how you can take advantage of them to grow your business. |
Summary
The Career Conversion Program (CCP) is a government initiative in Singapore aimed at helping mid-career professionals make a successful transition into new industries. It covers a wide range of industries, including healthcare, logistics, and information technology.
There are 3 modes of CCPs:
1. Place-and-Train: The mid-career individual is hired by a participating employer before undergoing a training to take on a new job role.
2. Attach-and-Train: The mid-career individual is provided with training and work attachments, prior to job placement. This is done in partnership with industry partners in growth sectors with good future career opportunities.
3. Redeployment / Job Redesign (JR) Re-skilling: This is targeted at companies that are undergoing business transformation, and where their existing workers are at risk of redundancy or in vulnerable jobs due to the transformation. These workers will be provided with training to prepare them for new job roles or redesigned job roles within the same company.
There is salary support of up to 90% for mid-career workers, capped at $6,000 per month.
More information can be found here.
The SGUnited Mid-Career Pathways Programme is a full-time attachment programme for mature mid-career individuals aged 40 and above who are looking for a switch in careers. Suitable applicants will be attached to a host organisation where they can gain meaningful industry-relevant skills and experience. The attachments will last between four to six months.
Your company can be supported at 70% of up to $3,800 training allowance per month paid to your trainee(s).
More information can be found here.
Singapore enterprises looking to expand overseas need the right talent to compete effectively in the global market. The Global Ready Talent Programme (GRT) supports you in developing promising young talent in your organisation – through internships in local and overseas offices. Build a pipeline of global-minded young talent for your business expansion into regional markets.
Get up to 70% funding support on the internship stipend your company pays when you offer internships or positions through the GRT.
More information can be found here.
FAQ
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Next Steps |
Need help with the application?
If you would like to know more about our journey and the application process, we’ll be happy to help. As these grants mostly come on a reimbursement basis, we can also take you through the claims process. Find out how our grant consultants can help your company secure hiring grants here. |