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Capitaland Invests $5M To Upskill Workforce - Staff Will Get Up To $500, 1 Day Leave

Real estate developer CapitaLand will be investing S$5 million over the next two years to improve the digital skills of its 2,600 employees.

Under its new “Building Capability Framework”, each employee will receive a training allowance of up to S$500, a one-year membership to online learning platform Udemy, and one day of leave to attend courses through the MySkillsFuture portal.

The initiative — which applies to both office and operational staff — offers more than 50 digital-related modules, which cover topics such as data analytics, blockchain and cyber security.

Employees can choose which course they want to take, and can either attend them in-house at the CapitaLand Institute of Management and Business, or at training partners such as NTUC LearningHub, SkillsFuture Singapore and WorkForce Singapore.

Speaking at an in-house learning festival for staff at CapitaLand’s headquarters, chief corporate and people officer Tan Seng Chai said that the training will help its staff adopt new technologies to meet customer’s demands more efficiently.

“We want to push ahead with a lot more effort to incentivise and motivate our people to pick up skills, particularly in the digital space because this is where most of the applications and expectations from customers and consumers will be.”

All employees are expected to complete at least one course by next year, and CapitaLand plans to extend the framework to its employees in 30 other countries as well.

Header Image Credit: CapitaLand

 

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