Financial and Awards Schemes

The Academy works in close collaboration with relevant government agencies to promote professionalism in logistics industry through training and development. The Academy programmes designed to address the current needs of the industry, are recognized by various government agencies through their provision of training incentives to sponsoring companies and individuals.

Following are summary of training incentives made available to participants:

SkillsFuture Credit

From Jan 2016, all Singapore Citizens aged 25 and above will receive an initial $500 SkillsFuture Credit from Government to pay for the course fees for attending work-skills related courses. Selected TLA courses are eligible for the subsidy.

Participants can use the credit by applying for claim(s) starting January 2016. All eligible Singaporeans will be able to access their SkillsFuture Credit account via www.skillsfuture.sg/credit once they receive their account activation letter.

For more information on SkillsFuture Credit, please click here.

Employer-based Funding (Certifiable Skills Training for SMEs and non-SMEs)

Through the Singapore Workforce Development Agency, employers can enjoy grants for staff training though the funding rate may differ for various courses. Employers will need to apply via the SkillsConnect system (skillsconnect.gov.sg) to obtain training assistance for course fees. Funding for absentee payroll is also obtainable through the system.

Type of courses	Conducted by	Rank & File Level Courses	PME¹ Level Courses	Trainee is Singaporean, aged >= 35 years, earning <= $1,900/month
Certifiable Skills Training	External training providers	90% of course fee capped at $30/hr for SMEs² 80% of course fee capped at $7/hr for non-SMEs	90% of course fee capped at $30/hr for SMEs² 50% of course fee capped at $15/hr for non-SMEs	95%³ of course fees for both SMEs and non-SMEs
Certifiable Skills Training	In-house instructors	$15/hr for SMEs² $7/hr for non-SMEs	$15/hr for both SMEs² and non-SMEs	$8.50/hr for Rank & File level courses $15/hr for PME1 level courses for both SMEs and non-SMEs

¹Professionals, Managers and Executives.
²Small and medium enterprises (SMEs):

Minimum 30% local shareholding; AND
Company’s Group annual sales turnover not more than S$100 million OR Company’s Group employment size not more than 200 workers

³Enhanced course fee funding under the Workfare Training Support (WTS) Scheme

Absentee Payroll Funding

WDA also funds your employee’s salary while he/she is training. You may apply for absentee payroll funding at the following rates via SkillsConnect:

Type of Courses	General	Trainee is Singaporean, aged >= 35 years, earning <= $1,900/month
CET Centre Courses and other Certifiable Skills Training Courses	SMEs¹80%of hourly basic salary capped at $7.50/hr For training outside working hours, subject to employer top-up of balance 20% of hourly basic salary, capped at $1.90/hrNon-SMEs80%of hourly basic salary capped at $4.50/hr For training outside working hours, subject to employer top-up of balance 20% of hourly basic salary, capped at $1.10/hr	95%² of hourly basic salary for both SMEs and non-SMEs For training outside working hours, subject to employer top-up of balance 5% of hourly basic salary

¹Small and medium enterprises (SMEs):

Minimum 30% local shareholding; AND
Company’s Group annual sales turnover not more than S$100 million OR Company’s Group employment size not more than 200 workers

²Enhanced absentee payroll funding under the Workfare Training Support (WTS) Scheme

Check out www.wda.gov.sg for more information.

Employer-based Funding (Non-certifiable Skills Training)

Singapore-registered companies with staff who are Singaporeans or Permanent Residents qualify for the employer-based funding of $2 per training hour.

Type of Courses	Conducted by	Rank & File Level Courses	PME Level Courses	Trainee is Singaporean, aged >= 35, Earning <= $1,900/mth
Non Certifiable Skills Training	External / in-house	$2/hr

Ask TLA for the CLP courses that are supported under this category at 6499 9799 or logisticsacademy@sla.org.sg.