In her speech at private school MDIS’s scholarships and bursary award ceremony, Minister Grace Fu remarked that if companies do not sponsor training, Singaporeans can always pay by themselves:
“SkillsFuture is really there to enable you to decide and to spend that money on your own upgrading to get you job-ready. So it’s going to totally change how we view training and development. Companies will have to catch up, because if companies don’t provide training to their staff, their staff don’t need them to sponsor their (training). They can actually use the SkillsFuture training money to decide.”
In 2015’s Budget, Singaporeans are given $500 free credit in their SkillsFuture account which basically gives them a $500 discount to certificate, diploma and degree courses which naturally could cost as much as tens of thousands.
However, as the role of a government, shouldn’t Minister Grace Fu work on getting companies to sponsor relevant training instead of telling Singaporeans to pay more money out of their own pockets for training?