Under the Adapt and Grow Initiative, Professional Conversion Programmes (PCPs) are career conversion programmes for mid-career PMETs (Professionals, Managers, Executives and Technicians), to undergo skills conversion and move into new occupations or sectors that have good prospects and opportunities for progression. WSG offers about 100 PCPs to support PMETs in career conversion. Through PCPs’ industry-recognised training, companies will gain a wider pool of candidates to consider when hiring.
There are 3 modes of PCPs:
1. Place-and-Train: PMET is hired by a participating employer before undergoing training to take on a new job role.
2. Attach-and -Train: PMET is provided with training and work attachments, prior to job placement, through industry partners in growth sectors with good future job opportunities
3. Redeployment / Job Redesign (JR) Reskilling: PMET at risk of redundancy in vulnerable job roles is retained by existing employers and reskilled training to take on new job roles within the same company.
As announced by DPM Heng on 17 Aug 2020, the Jobs Growth Incentive (“JGI”) has been introduced to support companies to hire more Singaporeans and provide more good jobs amidst the current labour market.
a. Under the JGI, the Government will co-pay up to 25% of salaries of all new local hires between Sep 2020 (where the JGI will take effect) to Feb 2021 for one year, subject to a cap.
b. For those aged 40 and above, the co-payment to employers will be up to 50%.
More information on the JGI is available on IRAS’ website.
As the JGI will also apply to jobseekers undergoing reskilling through PCPs, WSG will be making temporary funding adjustments during the duration of the JGI to ensure our jobseekers continue to receive the necessary support they need to be placed into new opportunities in growth sectors. For more information, download the Factsheet and FAQs.
Individuals who are interested in PCPs that are offered by NTUC’s e2i, click here.