| 41. |
Sixth, to provide
further help for unemployed Singaporeans,
the Government will pilot a new Training for
Employment Scheme to facilitate the employment
and training of local workers. Under this
scheme, the Singapore Workforce Development
Agency will help companies which have 20 or
more job vacancies recruit and train local
workers. This way, companies will be able
to deploy workers on the job more quickly
and the workers will be better trained for
the job. |
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| 42. |
The
Government will set aside $2 million for the
scheme, which will run for one year from 1
Oct 2003. This will be used to absorb 80%
of the training cost of the workers. As a
partner in this scheme, the Singapore National
Employers Federation will absorb a further
10% of the training cost for its members,
so that the employer pays only 10%. |
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