Upload
human-capital-singapore
View
42
Download
1
Tags:
Embed Size (px)
Citation preview
Human Capital (Singapore) Pte Ltd
Enterprise Training
Support (ETS) Scheme Joint development by WDA and MOM (2013)
05.11.2014
Benefits
• Raise productivity and skill levels
• Create more hiring and competitive opportunities
for Singaporeans
• Benchmark compensation and benefits to market
rates
ETS Components
1. Training Grant*
2. Capability Grant
3. Curriculum Contextualisation and Alignment
Grant
4. HR Development Grant
5. Compensation and Benefits System Review
Grant
*Mandatory adoption component
1) Training Grant*
Benefits for your company
• Develop holistic training
plans comprising of both
WSQ and non-WSQ
training
• Receive funding for non-
WSQ programs
Funding
Requirements Funding Details
Up to $200 000
per company
Disbursement back
2) Capability Grant
Benefits for your company
• Achieve ATO Status
• Defray costs for attaining an
ACTA-Certified Master
Trainer
Funding
$20 000
(one-time grant)
Requirements Disbursement back
3) Curriculum Contextualisation
and Alignment Grant
Benefits for your company
• Adopt WSQ in training plans
• Build up structured OJT
capabilities
Funding
Up to $52 000
per company
Funding Details Disbursement back
4) HR Development Grant
Benefits for your company
• Adopt training roadmaps
and career progression
pathways
• Incorporate WSQ into your
HR system
Funding
Up to $60 000
per company
Requirements Funding Details Disbursement back
5) Compensation and Benefits
System Review Grant
Benefits for your company
• Increases bandwidth and
capability to attain industry
salary benchmark and
restructure wages
Funding
70% capped at
$15,000 for funding
of actual invoiced
costs
Disbursement back
Thank You
Appendix
1) Training Grant (Requirements)
• Training program must cater to at least 50% of local
employees attaining at least 1 SOA.
• Commit at least 30% of proposed company training
hours to WSQ courses.
• Adopt WSQ Qualifications as part of training
development and recruitment.
back
1) Training Grant (Company Type)
SME non-SME
back
In-house non-WSQ/OJT
RnF level: $15/hr
PME level: $15/hr
RnF level: 90% capped at $15/hr
PME level: 90% capped at $15/hr
1) Training Grant (Details: SME)
External non-WSQ courses that are not funded under CAT A or
CAT B certifiable rates in SkillsConnect but specificed as part of
the company approved training plan
back
In-house non-WSQ/OJT
RnF level: $7/hr
PME level: $15/hr
RnF level: 80% capped at $7/hr
PME level: 50% capped at $15/hr
1) Training Grant (Details: non-SME)
External non-WSQ courses that are not funded under CAT A or
CAT B certifiable rates in SkillsConnect but specificed as part of
the company approved training plan
back
1) Training Grant (Disbursement)
1st Stage Upon achieving 30% of total training hours
approved in Form A and submission of Form
B. The amount to be disbursed is based on
actual non-WSQ training (not funded
through SCN) completed.
2nd Stage Upon achieving 60% of total training hours
approved in Form A and submission of Form
B. The amount to be disbursed is based on
actual non-WSQ training (not funded
through SCN) completed.
3rd Stage Upon completion of bundled training plan
and submission of Form C and Form D. The
amount to be disbursed is based on actual
non-WSQ training (not funded through
SCN) completed. The final tranche should
be pro-rated based on the actual WSQ
hours trained and hence the eligible non-
WSQ hours, capped at the agreed funding
amount.
back
2) Capability Grant (Requirements)
• Commit to at least 2 WSQ CUs
• Commit to delivering at least 50 in-house SOAs
back
2) Capability Grant (Disbursement)
1st Stage (50%) Upon proof of achieving ATO
status and ACTA-certified
master trainer
2nd Stage (30%) Upon accrediting 2 WSQ CUs
3rd Stage (20%) Upon delivering 50 in-house
SOAs
back
3) Curriculum Contextualisation and
Alignment Grant (Details)
WSQ Curriculum
90% capped at $10,000 per CU for Curriculum
development.
Contextualisation of existing WDA’s standard
curriculum
$5,000 for contextualisation of existing WDA’s
standard curriculum.
OJT Development
90% capped at $2,000 per OJT blueprint.
Sub-capped at $30,000 per company
Sub-capped at $22,000 per company
back
3) Curriculum Contextualisation and Alignment Grant (Disbursement)
WSQ Curriculum development and contextualisation
1st Stage (80%) Upon successful course accreditation per developed/contextualized CU
2nd Stage (20%) Upon first issuance of SOAs per accredited modules by in-house ATO
OJT blue print
One-time payment Disbursement upon successful development of each OJT plan
back
4) HR Development Grant (Requirements)
• 1 year timeframe to achieve at least one of the following outcomes:
i. Develop system to administer and monitor holistic training plan
ii. Integrate WSQ into training plan and HR policy framework
iii. Enhance existing or acquire/develop new system that helps to support adoption of WSQ
iv. Develop career progression pathway tied to training roadmaps with WSQ components
back
4) HR Development Grant (Details)
• 70% funding of invoiced costs,including $5,000 sub-cap
on company’s manpower cost incurred and overall cap
of $50,000
*Higher overall cap of $60,000 if career progression
pathway is tied to training roadmap consisting of WSQ
components.
**Includes both manpower and consultancy costs.
back
4) HR Development Grant (Disbursement)
• One-time payment
• Upon submission of all supporting documents
upon completion of system development
back
5) Compensation and Benefits
System Review Grant (Disbursement)
• One-time payment
• Upon submission of invoice and companies
commit to adopt wage benchmark or at least 3%
wage increase outcomes for workers
back