Benefits & Value Additions

WHY UPGRADE YOUR WORKERS TO HIGHER SKILLED?

Benefits:

  1. Levy savings

  2. Workers can stay longer

  3. Improve productivity

 

Workforce Training and Upgrading (WTU)

What is it?
The Workforce Training and Upgrading Scheme co-funds the costs of selected skills assessment and training courses to upgrade the skills of workforce in the built environment.

Who is it for?
Firms in the construction sector with local or foreign workforce who meet the qualifying criteria may apply to the Scheme for funding support for training courses and assessment approved by BCA.

How Much?

Types of supportable courses Funding support
(a) Familiarisation course and skills assessment for CoreTrade registration * Up to 80%
(b) Training and skills evaluation for the second SEC (K) certification
leading to qualification of Multi-Skilling.
Up to 80%

* The familiarisation courses are also available at various BCA Approved Training and Testing Centres (ATTC).
For full details of the familiarisation courses and skills assessments for CoreTrade registration,please refer to
http://www.bca.gov.sg/coretrade/registration_requirements.html

Qualifying Criteria

For local participants (i.e. Participants who are Singapore Citizens or Singapore Permanent Residents):
• Achieved at least 75% course attendance rate; and
• Sat for the skills assessments.
Note: For a particular course, if Skills Development Fund (SDF) funding is applicable, the participants should tap on the SDF.

For foreign participants:
• Must possess at least 4 years of construction experience in Singapore;
• Achieved at least 75% course attendance rate; and
• Sat for and pass the skills assessments.

Schedule of Foreign Worker Levy Changes Until 2017




Tier

Sector Dependency Ratio (DR)



Levy Rates ($) (R1/ R2):



Levy Rates ($) (R1/ R2):



Levy Rates ($) (R1/ R2):



From 1 July 2015



From 1 July 2016



From 1 July 2017



Basic Tier



≤ 87.5%



300/550



300/650



300/700



MYE-Wavier




600/950



600/950



600/950





Tier

Sector Dependency Ratio (DR)



Levy Rates ($) (R1/ R2):



Levy Rates ($) (R1/ R2):



Levy Rates ($) (R1/ R2):



From 1 July 2015



From 1 July 2016



From 1 July 2017



Basic Tier



≤ 87.5%



300/550



300/650



300/700



MYE-Wavier




600/950



600/950



600/950


Construction sector:

 

Tier

Sector Dependency Ratio (DR)

Levy Rates ($) (R1/ R2):

Levy Rates ($) (R1/ R2):

Levy Rates ($) (R1/ R2):

From 1 July 2015

From 1 July 2016

From 1 July 2017

Basic Tier

≤ 87.5%

300/550

300/650

300/700

MYE-Wavier

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600/950

600/950

600/950

Construction sector:



Tier

Sector Dependency Ratio (DR)



Levy Rates ($) (R1/ R2):



Levy Rates ($) (R1/ R2):



Levy Rates ($) (R1/ R2):



From 1 July 2015



From 1 July 2016



From 1 July 2017



Basic Tier



≤ 87.5%



300/550



300/650



300/700



MYE-Wavier




600/950



600/950



600/950


  From 1 July 2015 From 1 July 2016 From 1 July 2017
Levy Rates ($)
(R1/ R2)
Levy Rates ($)
(R1/ R2)
Levy Rates ($)
(R1/ R2)
Construction MYE 300/550 300/650 300/700
(Work Permits) MYE—Waiver 600/950 600/950 600/950