There are three ways to manage the tension on the economic impact on individuals.
1) Skillsfuture
SkillsFuture is a national movement to enable all Singaporeans to develop to their fullest potential, as well as realise their aspirations by taking advantage of a wide range of opportunities.
2) Continuing Education and Training Plan (CET)
The Continuing Education and Training (CET) Masterplan aims to prepare the Singapore workforce for the future. Under SkillsFuture, we will develop an integrated, high-quality system of education and training that responds to constantly evolving industry needs, as well as foster a culture that supports lifelong learning.
The system of CET is integral to this objective. The CET Masterplan, launched in 2008, has been refreshed in 2014 to better ensure a competitive and career resilient workforce. It will enable working adults, regardless of their starting qualifications, to continue to build and deepen their skills and competencies, throughout their careers.
3) Workfare Training Support Scheme
WTS complements Workfare Income Supplement by encouraging Singaporean workers to attend training to improve their skills. WTS also supports employers to send their workers for training.
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