Dread reading the news every day for fear of reading yet more about the economic recession that threatens to engulf Singapore? You’re not alone.
In times like these, job security is a major worry. Our once robust job market with low unemployment is undergoing a transformation for the worse, so it’s not surprising that more are taking up courses to gain new skills that could help secure future employment.
And since belt-tightening is essential in these dark times, why not take courses that let you earn as you learn?
In the spirit of encouraging re-training and upskilling, the government has been rolling out numerous initiatives that make it cheaper for workers to “future proof” themselves, including the $500 SkillsFuture Credit top up this year as well as the $10,000 SkillsFuture Enterprise Credit for businesses to upskill and reskill their staff.
To be fair, their concerns were quite valid even before the virus hit, as technology has made some jobs obsolete. Before the Covd-19 pandemic, reskilling was mainly targeted at mid-career and older workers. But now that we’re in the throes of the pandemic, everyone who has the time to consider reskilling should think about what they can do.
In March, Manpower Minister Josephine Teo even said, “During such times when business is not exactly booming, what can you do with the time that the workers have? Probably a better use of their time is to put into training.”
This is really not an easy time, but by really hunkering down and doing the work necessary to upgrade yourself, you can continue to grow professionally. Here are four course programmes that pay training allowances: