Darryl David on Skills and Workforce Development Agency Bill
More than a million Singaporeans have already utilised their initial SkillsFuture credits and it is timely to consider a further tranche. This should be carefully calibrated and aligned with an outcome-based approach. MP Darryl David, who made this call in parliament on Tuesday (May 5), said this would signal continued commitment while reinforcing the importance of using public resources meaningfully. He also proposed tying funding for training providers to tangible career outcomes such as job placement and wage growth, with part of the funding possibly deferred until the outcomes are achieved. This anchors the system in real economic value, he said. It would raise the quality of training, correct misaligned incentives and restore the credibility of SkillsFuture certifications, he added.
More than a million Singaporeans have already utilised their initial SkillsFuture credits and it is timely to consider a further tranche. This should be carefully calibrated and aligned with an outcome-based approach. MP Darryl David, who made this call in parliament on Tuesday (May 5), said this would signal continued commitment while reinforcing the importance of using public resources meaningfully. He also proposed tying funding for training providers to tangible career outcomes such as job placement and wage growth, with part of the funding possibly deferred until the outcomes are achieved. This anchors the system in real economic value, he said. It would raise the quality of training, correct misaligned incentives and restore the credibility of SkillsFuture certifications, he added.
Popular Shows
