Absentee
Payroll
Funding

All Locally Registered or Incorporated Organisations in Singapore are Eligible

 

If your business is a locally registered or incorporated organisation in Singapore, you are eligible for course fee and absentee payroll funding. This is applicable when you sponsor your Singapore Citizen and Permanent Resident employees for training courses funded by SkillsFuture Singapore (SSG).

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Eligibility Criteria:

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• Your organisation must be registered or incorporated in Singapore

• Non-business entities not registered with ACRA, such as VWOs and societies are eligible

• Sole proprietorships which meet all of the above criteria are also eligible

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To qualify for course fee and absentee payroll funding, your employees must meet the following criteria:

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• Must be Singapore Citizens or Singapore Permanent Residents

• Trainee is not a full-time national serviceman

• Courses have to be fully paid for by the employer

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How to apply:

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• Contact us at enquiry@stevenson.com.sg and our staff will assist you with the application.

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What is Absentee Payroll Funding?

 

Absentee Payroll funding is a grant to help you defray the manpower costs incurred when you send your employees for training courses funded by SSG. For training outside working hours, Absentee Payroll funding is given to you to defray the overtime pay that was paid to your employees.

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How much will be Funded?

 

To support organisations to send more workers for training and help their workforce emerge stronger post-COVID-19, the Absentee Payroll funding rate was enhanced to 80% of hourly basic salary, capped at $7.50 per hour. The enhanced AP funding rate will cease on 31 December 2021.

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Feel free to contact us at enquiry@stevenson.com.sg should you have any enquiries or need a consultation.

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Source: SkillsFuture

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