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Strong economic growth spurs staff training
Survey indicates that over 70 per cent of private sector organisations provided training for their employees last year.
As the Singapore economy continues to power ahead, the private sector is providing training for more staff, according to key findings from the 2006 Survey on Employer Supported Training. 72 per cent of private sector establishments provided structured training to their employees in 2006, unchanged from the previous year's high. The survey by the Ministry of Manpower (MOM) covered 2,774 private sector organisations with at least 25 workers. Together, these firms employed some 764,669 employees. Key findings Other key findings include the following:
Employers claim benefits from staff training Employers surveyed said that training had a positive impact on worker productivity (88 per cent), quality of their products and services (85 per cent), and customer satisfaction (78 per cent). Spending per employee rose for the third straight year to $563. This has resulted in training expenditure taking a higher percentage of the employee payroll, up from 1.3 per cent in 2005 to 1.4 per cent in 2006. For more information, please visit the Ministry of Manpower's website. |
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