Debated in Parliament on 7 Nov 2022.
Mr Leon Perera asked the Minister for Education (a) to date, what is the number of citizens who have used their SkillsFuture credits, with a breakdown by age; (b) what is the feedback from those who have used their SkillsFuture credits as to the effectiveness and value of the training they have undergone; (c) what type of courses have workers attended using their SkillsFuture credits; and (d) what is the data on their subsequent employment outcomes as a result.
Since the introduction of the SkillsFuture Credit (SFC) in 2015, more than 840,000 Singapore Citizens, or around 30% of eligible Singaporeans, have utilised their SFC. Among the various age groups, those is their 30s have the highest rate of using their SFC. The utilisation of SFC for those in their 30s is 36%, while the utilisation for those in their 40s and 50s is at 33% and 30% respectively.
SFC can be used to offset the fees for a wide range of approved skills-related courses after Government course fee subsidies have been applied. Post-course feedback on the quality and training outcomes of courses funded by SkillsFuture Singapore (SSG) has been positive. In 2021, 96% of the trainees surveyed indicated that they were able to perform better at work after undergoing SSG-funded training and 90% of trainees also took on more or new job responsibilities.
Amongst those who used the SFC for SGUS and SGUP-CT programmes that were introduced in the last two years, the employment outcomes were also, generally, positive. As at March 2022, 65% of the trainees (~6,700 trainees) have found employment after their programme.
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