Modules in TIMES SOFTWARE HRMS
SkillsFuture Enterprise Credit (SFEC)
Eligible employers can receive a one-off $10,000 SkillsFuture Enterprise Credit (SFEC) to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, in addition to the support levels of existing schemes. Up to S$7,000 of the credit can be used for enterprise transformation initiatives, which support business development and productivity. This encourages employers to engage in both enterprise and workforce transformation programmes. SFEC-supported programmes include the Productivity Solutions Grant (PSG).