HR Glossary

What is Skills Development Levy (SDL) (Singapore)?

A mandatory monthly levy paid by Singapore employers on all employees' wages to fund the Skills Development Fund, which finances national workforce training and upgrading programs administered by SkillsFuture Singapore.

Why it matters in hiring

Skills Development Levy (SDL) (Singapore) comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with S

• Signing Bonus
• Simulation Training
• Single Touch Payroll (STP) (Australia)
• Situational Interview
• Skills-Based Hiring
• Skills Gap Analysis
• Skills Passport
• SkillsFuture (Singapore)

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