With effect from 1 April 2008, the Singapore Workforce Development Agency (WDA) support for absentee payroll funding will be revised. This is part of our on-going efforts to shift our resources towards funding programmes with more measurable outcomes that are in line with our national imperatives.
With effect from 1 April 2008, absentee payroll funding caps for generic programmes processed through the SRPnet will be revised from $6/hr for workers aged below 40 and $6.80/hr for workers aged 40 and above, to $4/hr and $4.50/hr respectively. There is no change to the percentage funding of 80% and 90% for workers aged below 40 and workers aged 40 and above respectively. These tend to be employer-based programmes, where companies sponsor their own employees for skills upgrading.
Employees aged 40 years and above with 'A' levels & below qualifications
Others
Absentee Payroll
90% of hourly basic salary
(capped at $4.50 per trainee-hour)
80% of hourly basic salary
(capped at S$4.00 per trainee-hour)
Mandatory top-up by EMPLOYER for training conducted OUTSIDE working hours *
10% of hourly basic salary
(capped at S$0.50 per trainee-hour)
20% of hourly basic salary(capped at S$1.00 per trainee-hour)
+Funding rates are subjected to change. No absentee payroll funding for on-the-job training.
*The absentee payroll funding is co-shared (90:10 or 80:20) between the government and the employer and it is to be paid to employee via employer.
News
