Singapore Government Grant: Mid Career Training Programs
A large part of Singapore’s business-friendly regime is due to the abundance of grants and incentives available to Singapore businesses.
This years budget introduces new measures and initiatives to support enterprise capability building, groom a pipeline of global-ready talent, as well strengthen our business ecosystem for local enterprises to find success.
You can benefit from grant, tax and loan support to defray the cost of large-scale deployment of automation solutions and investing on employees skill enhancement training programs. There are six grants that individual and companies can tap on to grow their businesses by investing on skills futures which is what we refer to as LifeSkillsNutrition.
Employee engagement that is often used is providing training and development. We know that this is a very strong motivator, particularly among early and mid-career employees. The opportunity to grow, to continue to learn, to be challenged, to be able to take relevant course work either through tuition reimbursement programs for education outside of the company, or through company sponsored training can be a strong motivator. Additionally, mentoring, various types of project work, and job rotation, are all different ways that companies can encourage the increasing knowledge and skills of their workers. This is often very effective portion of the employee engagement strategy.
However, there are challenges for this strategy as well. As companies have downsized, particularly in the latest economic downturn, they may be unable to afford the training budgets that they used to offer. Some companies are getting creative in this area, but again cost is a limiting factor.
Another concern around training and development is that sometimes employers will use training as a solution for other problems when, in fact, it may be a system or operational issue or other type of issue. Some companies will throw a training solution at a problem when training is not really the solution to the problem. So training and development can be misused as a method of employee engagement.
That leads us to the question, "What other strategies are there?", What we're finding which is really motivating and incredibly effective for increasing employee engagement, is meaningful work. Meaningful work, where employees are engaged in such a manner that aligns with their values, doing work, performing tasks, using knowledge and skills that really allow them to contribute. Not just their time and their experience, but in a form of work which somehow resonates with their personal values, their personal mission, their personal passions. Employees are seeking a way to express this in the workplace and I have seen this throughout my experience working with organizations.
The most admired leaders have a deep commitment to what they are doing. Not just how they contribute to the products and services of their company but the bigger picture. Their real vision for what they are accomplishing on a grander scale is a huge motivator for employees, especially those in a leadership role. In fact, Kelly Global Workforce conducted a study with over a hundred thousand people across 34 countries worldwide and over half of the workers in this study said they would give up status and pay to have more meaningful work. Just think about that - over half of the people in the study, would rather be doing meaningful work than have better status and more pay.
What is interesting to note about the study is that it was conducted during the worst of the recessionary time in late 2008, the beginning of 2009. So amidst a global economic crisis, workers were saying that meaning is more important than pay. I think therefore that this new approach to employee engagement should be what companies and organizations are looking at. How do we make sure that employees are really are aligned with what the company is doing and that the company is providing goods and services that contribute to society in a positive way? How do we ensure that what workers are doing in their individual roles and responsibility taps in to what is personally meaningful for each of them?
Communication Skills Training: Courses and Seminars to Improve Your Communication Skills
The talents in Individuals, the Startups & the SMEs are the powerhouses of Singapore. The comprise of almost two-thirds of the Singaporean workforce. The authorities really try to support these entities to encourage them to participate and learn through subsided training programs. The Government grants for Singapore companies are to help the entities overcome all obstacles in their growth, not only for workforce in their mid-careers but also for college graduates and interns who are just starting out.
One such key training at LifeSkillsNutrition we advocate to our readers is business development through digital marketing as its the future of all businesses.
LifeSkillsNutrition is more than just a daily nutrition. Read below: