Commentary: To upskill or not to upskill? Tailoring programmes to mid-career workers can make the difference

SINGAPORE: Mid-occupation professionals concerned with finding themselves in a factual location within the job market would possibly per chance well well be thinking after the recently announced Budget 2024: To upskill or to no longer upskill?

Even when workers are convinced that upskilling is a must, that doesn’t create the resolution a easy one. They agree with to weigh private duties admire caregiving duties and a mortgage, and no longer feel daunted by how mighty the training landscape has modified within the decades since they’ve left formal training.

On Feb 16, Deputy High Minister and Finance Minister Lawrence Wong announced a slew of Budget measures that would possibly per chance well well tip the scales for some Singaporeans ragged 40 and above. These comprise a S$4,000 SkillsFuture credit rating high-up, subsidies to pursue a rotund-time diploma and a monthly coaching allowance capped at S$3,000 a month for americans who enrol in chosen rotund-time courses.

Plenty will level-headed depend on employers and whether or no longer they give a enhance to workers to head for coaching and present alternatives to verbalize their unusual talents. Burly-time programmes can be impractical for each employers and workers.

Right here’s the set tutorial institutions agree with a job to play.