Nearly 6000 workers to benefit from NTUC Company Training Committee Grant Projects

~ Three in four workers of participating companies with CTC Grant projects to benefit from wage increases and the rest will benefit from Career Development Plan.
~ Workers will soon be able to receive skills allowance through NTUC’s CTC Grant projects.

The National Trades Union Congress (NTUC) announced that it has established over 2,700 Company Training Committees (CTCs) since the launch of CTCs in February 2019. This is beyond NTUC’s original target of forming 2,500 CTCs by 2025. To date, close to 6,000 workers across about 260 companies with approved CTC Grants could benefit from wage increase and/or through Career Development Plan (CDP)¹ . Three in four or 4,475 of these workers will receive an average wage increase of five per cent above their annual increment. The remaining one in four workers, or 1,410 individuals, will benefit from structured career pathways through the CDP.

Since 2019, NTUC’s CTCs have brought together company management and workforce, and union representatives to collaborate on business and workforce transformation. In February 2022, the Government provided NTUC with $100 million to scale up NTUC’s CTC initiative. The CTC Grant, administered by NTUC’s e2i (Employment and Employability Institute), co-funds up to 70 per cent of qualifying cost for companies’ transformation projects, enabling them to raise productivity, redesign jobs and improve work prospects for workers.

NTUC Secretary-General Ng Chee Meng said, “The Company Training Committee (CTCs) is an NTUC innovation that would enable workers to gain access to training, better wages, welfare and work prospects. Close to 6,000 workers stand to benefit from the CTC Grant initiative, 3 in 4 will have better wages with improved productivity and the others can look forward to better work prospects. This reinforces NTUC’s commitment to taking action to improve the lives and livelihoods of workers. We will continue to partner with companies and the Government to ensure that the CTCs remain a win-win outcome for all.”

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https://www.ntuc.org.sg/uportal/news/Nearly-6000-workers-to-benefit-from-NTUC-Company-Training-Committee-Grant-Projects/