Funding rates for CCP:
Salary Support / Training Allowance:
• Standard Rate - Up to 70% of Monthly Salary for CCP training duration (capped at $4,000 per month)
• Enhanced Rate (for SC mature trainee or SC long-term unemployed trainee) - Up to 90% of Monthly Salary for CCP training duration (capped at $6,000 per month)
Course Fee Subsidy:
• Standard Rate - Up to 70% of cost
• (wef 1 Jan 2022) Enhanced Rate (for SC/PR trainees sponsored by SMEs or SC mature trainees) - Up to 90%*
• In-house training: Up to $9 per hour
*Additional 20% course fee funding top up under SSG’s Mid-Career Enhanced Subsidy and Enhanced Training Support for SMEs. These are existing SSG schemes administered through the SkillsConnect previously and are now administered through the Training Partners Gateway.
Jobs Growth Incentive:
As the Jobs Growth Incentive (JGI) will also apply to jobseekers undergoing reskilling through CCPs, WSG has made temporary funding adjustments during the duration of the JGI.
For all new hires hired through the CCP for the period between 1 September 2020 and 31 March 2022 or the End Date, whichever is earlier:
(a) The salary support funding caps stated above will be halved (e.g. “capped at 70% and up to $4,000 per month” will become “capped at 35% and up to $2,000 per month”), and
(b) The salary support period will be extended to comprise of the training duration and an additional period of retention which is equivalent to the training duration (e.g. “4 months of training” will become “4 months of training and 4 months of retention”)