Hong Kong HR Masterclass Series: 27th March Strengthening the mental resilience and wellbeing of employees -
improving employee engagement, talent retention and organisational productivity.
Register now here
Singapore’s workforce is increasingly benefiting from local employee training and development programmes, such as the Singapore Workforce Skills Qualifications (WSQ) training.
According to the Outcomes Evaluation Survey (OES) conducted by the Singapore Workforce Development Agency (WDA), 83% of companies found WSQ training useful for their employees in 2013.
Close to eight of 10 (77%) of the 1,480 local companies surveyed also stated the training had boosted their work productivity last year. This figure was a 3% increase from the survey’s 2012 results.
In addition, 70% of companies indicated quality of products increased after the training sessions, compared to 66% in 2012.
The proportion of companies which reported improvements in sales and profitability also increased from 48% in 2012 to 56% in 2013.
“Our annual surveys continue to show that companies and individuals find WSQ training useful for improving individual and business performance,” Ng Cher Pong, chief executive, WDA, said.
While the availability of short courses and customised training programmes were mentioned by companies as key reasons for sending their staff for WSQ training, employees themselves stated their main reasons for attending training includes learning new skills to perform new job functions, personal interest and preparing for higher level jobs.
Out of the 8,270 WSQ trainees surveyed, almost all (97%) stated they were able to apply the skills attained during WSQ training at work.
The survey also highlighted 95% of trainees believed they performed more effectively and efficiently at work in 2013, compared to 92% in 2012.
“WDA will continue to strengthen our continuing education and training system and keep WSQ courses updated and current, to help our workforce stay agile and career resilient in an evolving world fuelled with uncertainty,” Ng stated.