SSG continually reviews our schemes to ensure the effective use of funding resources and provides the best training outcomes for our local workforce. As part of the review, we would like to inform you that the following revisions will be implemented for all SSG-funded courses commencing on or after 1 January 2022, regardless of when enrolment takes place:
1. SkillsFuture Course Fee Funding
The revisions to course fee funding, applicable to all SSG-funded courses commencing on or after 1 Jan 2022, are as follows:
- Baseline course fee subsides will be simplified and streamlined across Professional, Manager, Executive and Technician (PMET) and non-PMET courses, at up to 70% of course fees for courses offered by SSG-appointed CET Centres, and up to 50% of course fees for certifiable courses approved by SSG.
- Enterprises that qualify for SSG’s enhanced subsidy schemes (SkillsFuture Mid-career Enhanced Subsidy and Enhanced Training Support for Small and Medium Enterprises (SMEs)) will receive an enhanced subsidy of up to 20%-points above the baseline course fee subsidies. This means up to 90% course fee subsidies in total, inclusive of enhanced funding for courses with the strongest manpower outcomes.
2. Absentee Payroll Funding
With effect from 1 Jan 2022, SSG will introduce a fixed Absentee Payroll (AP) rate at $4.50 per hour. We will also set a $100,000 cap on the maximum AP funding each organisation can claim each calendar year to ensure that the benefits are more evenly distributed across companies.
The revisions are summarised below. Please refer to Annexes A and B under “Resources” for more details.