HR Glossary

What is SkillsFuture Credit (Singapore)?

A government-funded individual learning credit of S$500 (with periodic top-ups) provided to every Singapore citizen aged 25 and above, usable for approved courses listed on the MySkillsFuture portal, designed to encourage personal ownership of skills development and lifelong learning.

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

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