HR Glossary

What is SkillsFuture Credit (Singapore)?

A government-provided credit of S$500 (with periodic top-ups) given to every Singapore citizen aged 25 and above to pay for approved training courses, aimed at encouraging lifelong learning and skills upgrading.

Why it matters in hiring

SkillsFuture Credit (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

• Skills Gap Analysis
• Skills Passport
• SkillsFuture (Singapore)
• SMART Goals
• Social Learning
• Social Recruiting
• Social Security Tax
• Soft Skills Training

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.