Ad Banner
Advertisement by Open Privilege
Singapore

Employees Enhanced Their Skills Through NTUC's Training Initiatives

Image Credit : UnsplashImage Credit : Unsplash
  • Over 200,000 workers in Singapore have benefited from skills training through the innovative Company Training Committees (CTCs) initiative, led by the National Trades Union Congress (NTUC).
  • The CTCs aim to equip employees with the necessary skills to navigate job roles in an evolving business and technological landscape, promoting career advancement and resilience.
  • Employers are encouraged to join this transformative journey, leveraging innovation for higher productivity and improved wage outcomes, ensuring a brighter future for the Singapore workforce.

Over 200,000 workers have taken a giant leap forward in their professional development, thanks to the innovative Company Training Committees (CTCs) initiative spearheaded by the National Trades Union Congress (NTUC). This initiative represents a pivotal shift in how employees are preparing for the future of work, emphasizing the importance of upskilling and resilience in an era dominated by technological advancements.

Empowering Employees Through Targeted Training

The CTCs, formed through a collaborative effort between employers and unions, are at the forefront of mapping out essential skills that workers need to thrive in an ever-evolving business landscape. Guided by the visionary leadership of NTUC secretary-general Ng Chee Meng and president K. Thanaletchimi, these committees have become a beacon of hope for many, promoting career advancement and ensuring job security amidst the digital revolution.

"By harnessing digital tools and investing in our workforce, we are not only transforming businesses but also creating higher-value jobs that our workers can train for," stated Ng Chee Meng. This approach has proven to be a game-changer, enabling employees to tackle new job roles unlocked by their employers' innovations with confidence and competence.

Facing Challenges Head-On

Despite the promising outlook, Singapore's workforce continues to navigate through a myriad of challenges, including high prices, inflation, and an increasingly competitive global market. The NTUC leaders have acknowledged these pressures, along with a noticeable uptick in retrenchments, pledging unwavering support to improve the well-being of all workers, irrespective of their profession, age, or nationality.

"Our commitment to empowering our workforce remains steadfast. We urge more employers to join us on this transformative journey, where innovation leads to higher productivity and improved wage outcomes," emphasized K. Thanaletchimi.

A Call to Action for Employers

The success of the CTCs initiative serves as a clarion call to employers across Singapore to embrace this transformative approach. By participating in these training programs, businesses can not only future-proof their employees but also drive innovation, productivity, and ultimately, better wage outcomes. The Singapore National Employers Federation (SNEF) has echoed this sentiment, advocating for a three-pronged strategy to further bolster the workforce's capabilities. The NTUC's CTCs initiative stands as a testament to the power of collaboration between employers and unions in fostering a skilled, resilient, and future-ready workforce. As more companies join this transformative journey, the horizon looks promising for Singapore's employees, ready to face the challenges and opportunities of the digital age.


Ad Banner
Advertisement by Open Privilege

Read More

Politics Singapore
Image Credits: Unsplash
PoliticsJanuary 15, 2025 at 6:00:00 PM

Israel-Gaza ceasefire deal on the horizon

[MIDDLE EAST] As the Israel-Gaza war enters its 466th day, a potential breakthrough in negotiations has sparked cautious optimism for a ceasefire and...

Economy Singapore
Image Credits: Unsplash
EconomyJanuary 15, 2025 at 11:00:00 AM

Hong Kong stocks waver as investors await crucial US and China economic data

[WORLD] The Hong Kong stock market experienced a day of uncertainty as investors eagerly awaited the release of key economic indicators from both...

Politics Singapore
Image Credits: Unsplash
PoliticsJanuary 15, 2025 at 10:00:00 AM

South Korean democracy shaken as impeached president faces arrest

[WORLD] South Korean authorities have arrested impeached President Yoon Suk Yeol over allegations of insurrection related to his brief declaration of martial law...

Tech Singapore
Image Credits: Unsplash
TechJanuary 15, 2025 at 9:30:00 AM

Intel's venture Capital arm set for independence

[WORLD] In a significant strategic shift, Intel Corporation has announced plans to spin off its venture capital arm, Intel Capital, into a standalone...

Finance Singapore
Image Credits: Unsplash
FinanceJanuary 15, 2025 at 9:30:00 AM

U.K. Chancellor vows unwavering adherence to fiscal discipline amidst economic challenges

[EUROPE] The United Kingdom finds itself at a crucial juncture. Chancellor Jeremy Hunt's recent statements have brought the nation's fiscal strategy into sharp...

Finance Singapore
Image Credits: Unsplash
FinanceJanuary 15, 2025 at 9:30:00 AM

Fed's potential rate hike surprise in 2025

[UNITED STATES] The Federal Reserve's monetary policy decisions have been a focal point for investors and economists alike. As we navigate through 2025,...

Tech Singapore
Image Credits: Unsplash
TechJanuary 15, 2025 at 9:30:00 AM

SEC sues Elon Musk over Twitter stake disclosure delay

[UNITED STATES] In a dramatic turn of events, the U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against billionaire entrepreneur Elon...

Economy Singapore
Image Credits: Unsplash
EconomyJanuary 15, 2025 at 8:30:00 AM

Malaysia's economic resilience shines despite global headwinds

[MALAYSIA] Malaysia's economy is showing remarkable resilience, with experts projecting a robust 4.9% GDP growth for 2025. This forecast, while slightly lower than...

Economy Singapore
Image Credits: Unsplash
EconomyJanuary 15, 2025 at 8:00:00 AM

S&P 500 climbs while Nasdaq falters

[UNITED STATES] In a day of contrasting fortunes on Wall Street, the S&P 500 managed to eke out modest gains while the tech-heavy...

Economy Singapore
Image Credits: Unsplash
EconomyJanuary 15, 2025 at 8:00:00 AM

Global oil prices dip as US energy demand forecast shifts market dynamics

[UNITED STATES] In a surprising turn of events, the global oil market witnessed a notable decline in prices today, primarily driven by the...

Tech Singapore
Image Credits: Unsplash
TechJanuary 15, 2025 at 7:30:00 AM

TikTok ban sparks American exodus to China's RedNote

[UNITED STATES] As the clock ticks down to a potential TikTok ban in the United States, a surprising trend has emerged: American users...

Tech Singapore
Image Credits: Unsplash
TechJanuary 15, 2025 at 7:30:00 AM

ByteDance's $614 million investment in China's AI computing power

[WORLD] ByteDance, the parent company of TikTok and Douyin, has announced a massive investment in a new computing center in China. The tech...

Ad Banner
Advertisement by Open Privilege
Load More
Ad Banner
Advertisement by Open Privilege