After nearly 23 years as an embalmer – a role that demanded emotional resilience while dealing with loss – 58-year-old Sim Kwang Seng Bony felt a yearning for a more fulfilling way to serve his community.

Inspired by the heroic dedication of healthcare workers during the COVID-19 pandemic, Bony made the bold decision to pivot his career.

It was a risky move that would be extra difficult if it wasn’t for Singapore’s SkillsFuture training. Bony joined the career transition programme at the HMI Institute of Health Sciences to acquire the skills needed for a new role.

His transition from a career in death care to working as an operating theatre technician illustrates both personal growth and the potential of SkillsFuture initiatives to support workforce transformation.

“If what you’re doing isn’t fulfilling or if an industry intrigues you, go for it. There are many possibilities; don’t ever limit yourself,” he said in an interview.

Bony’s story is one of many that demonstrate the power of lifelong learning. Yet, while individual journeys inspire, employers hold the key to enabling widespread transformation.

By strategically harnessing the suite of SkillsFuture initiatives, companies can drive business transformation, enhance productivity, and create a culture that values continuous learning.

A commitment to workforce transformation

Singapore’s government has recently taken a bold step to further fortify the nation’s workforce with an investment of over S$400 million under the new Enterprise Workforce Transformation Package (EWTP). The package is designed to provide robust support for businesses striving to remain competitive in an ever-evolving economy.

One of the cornerstone measures is the SkillsFuture Enterprise Credit, a $10,000 credit that helps employers offset up to 90% of out-of-pocket costs for approved workforce transformation programmes and courses.

This credit, alongside other initiatives such as the streamlined SkillsFuture Workforce Development Grant (WDG) and a $200 million top-up to the Company Training Committee Grant (extended until 2028), creates a fertile environment for employers to invest in the upskilling of their workers.

The WDG, for instance, consolidates several existing schemes into a single, more accessible application process via the Business Grants Portal, offering up to 70% funding support for job redesign initiatives.

Also Read: 30,000+ SkillsFuture courses now open

Maximising Singapore’s skills development programme

Singapore is at the forefront of employing a data-driven strategy to address workforce challenges. According to the World Economic Forum, the city-state has developed a robust data infrastructure centred on the Singapore Skills Taxonomy.

This enables both employers and employees to clearly identify skill gaps and align training programmes with market needs.

For employers, leveraging such data can provide actionable insights. By mapping current and future skills demands, companies can tailor training initiatives that are directly aligned with their strategic objectives. Here are some practical strategies for employers to maximise the SkillsFuture programme:

Leverage SkillsFuture’s financial support

Employers should fully utilise the $10,000 SkillsFuture Enterprise Credit and the WDG’s generous funding support to mitigate the cost of training programmes. These schemes reduce the financial burden associated with upskilling initiatives and encourage employers to invest in their workers' continuous development.

Customise training to bridge specific skills gaps

Collaboration with educational institutions – supported by initiatives like the enhanced CTC Grant – allows employers to develop customised training programmes. Such programmes can be designed to address specific skills gaps and are particularly beneficial in industries undergoing rapid technological and organisational changes.

Embrace a culture of continuous learning

The diverse personal stories emerging from SkillsFuture underscore that learning extends beyond immediate job requirements. Employers can cultivate an environment where continuous learning is valued by offering flexible and accessible training options. This approach not only enhances individual skills but also contributes to improved job satisfaction and employee retention.

Use data to inform workforce planning

With access to tools like the Career-Skills Passport, employers can utilise data to identify current and future skills demands. A data-driven approach helps in crafting training programmes that are aligned with both organisational goals and market trends, ensuring that the workforce remains adaptable and competitive.

Encourage flexible and inclusive learning

The stories of transformation under the SkillsFuture Programme underscore the diversity of learning journeys. Employers should recognise that workers are at different stages in their careers and have varying learning needs. Offering a range of flexible, accessible courses can help accommodate these diverse needs, thereby empowering employees across all levels.

Also Read: Singapore ramps up career health efforts with SEEK Pass rollout

The broader impact on business and society

The broader impact of maximising SkillsFuture support is significant. By investing in upskilling and reskilling, employers are not only enhancing the capabilities of their workforce but also contributing to the creation of a resilient and dynamic economy.

The transformation witnessed in stories like Bony’s serves as a microcosm of the larger shift towards a culture of lifelong learning – one that is essential for navigating the uncertainties of a rapidly evolving global market.

As Singapore continues to innovate with initiatives like the EWTP, the comprehensive support provided through SkillsFuture is poised to play a crucial role in shaping the future of work.

Employers who strategically engage with these programmes will be better positioned to drive productivity, foster innovation, and ultimately secure long-term business success.

The commitment to continuous learning and skills development is not just an option but a necessity. Through the thoughtful integration of financial support, data-driven insights, and customised training solutions, SkillsFuture offers a blueprint for how employers can empower their workers and, in turn, transform their businesses for a sustainable future.