SkillsFuture for Business

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5 steps to master upskilling for your business

Find out how to train employees and develop your workforce skillfully in order to meet your business transformation needs

Benefits for SMEs that invest in training

A 2021 study found that sponsoring local workers for training resulted in increased labour productivity, company revenue, and employee retention for a company.

For every 10% of local workers sponsored for training, companies saw increases in labour productivity, company revenue, and employee retention.

These outcomes were most strongly seen in SMEs. Read more in the 2021 study (.pdf, 199 KB), published by Ministry of Trade & Industry (MTI) and SkillsFuture Singapore (SSG).