In Singapore’s construction industry, the levy imposed on foreign workers plays a significant role in project costs. Employers seek ways to reduce these expenses while maintaining a skilled workforce.
Aesperon Construction, a trusted BCA-accredited course provider, offers three courses designed to help lower the levy for foreign construction workers. Through our CoreTrade, MultiSkill, and SEC(K) programs, employers can invest in their workforce’s skills while enjoying levy savings.
Let’s delve into how these courses contribute to reducing the levy burden and enhancing workforce capabilities in 2024.
Understanding the Levy Framework
Before exploring the courses, let’s grasp the levy framework. Singapore’s Ministry of Manpower (MOM) imposes levies on foreign workers to regulate the inflow of foreign manpower. Employers hiring foreign construction workers must pay levies based on worker tiers and qualifications. By upskilling workers through accredited courses, employers can qualify for levy concessions or rebates, effectively reducing labor costs.
CoreTrade Certification
Elevating Skill Levels for Levy Concessions CoreTrade certification is a cornerstone for levy reduction strategies. Recognized by the Building and Construction Authority (BCA), CoreTrade signifies a high level of proficiency in specific construction trades. Employers who employ CoreTrade-certified workers enjoy levy concessions, making it a valuable investment for cost savings.
Key Benefits of CoreTrade:
- Levy Concessions: Employers can qualify for levy concessions by employing a certain percentage of CoreTrade-certified workers, leading to substantial savings.
- Enhanced Workforce Skills: CoreTrade courses focus on upgrading technical skills and enhancing workmanship, resulting in higher productivity and efficiency on construction sites.
- Career Advancement: CoreTrade certification opens doors to career advancement opportunities for construction workers, motivating them to excel in their respective trades.
MultiSkill Training
Diversifying Expertise for Levy Rebates MultiSkill training offers another avenue for levy reduction through workforce diversification. By equipping workers with skills across multiple trades, employers can qualify for levy rebates and enjoy cost savings while enhancing workforce versatility.
Advantages of MultiSkill Training:
- Levy Rebates: Employers who deploy MultiSkill-certified workers across different trades may qualify for levy rebates, reducing overall labor costs.
- Increased Flexibility: MultiSkill-certified workers can seamlessly adapt to various job roles, contributing to smoother project execution and resource allocation.
- Improved Competitiveness: With expertise in multiple trades, workers become more competitive in the job market, enhancing their employability and career prospects.
SEC(K) Certification
Prioritizing Safety for Levy Benefits Safety excellence is paramount in the construction industry, and SEC(K) certification offers levy benefits for employers who prioritize workplace safety. By ensuring a safe working environment through SEC(K)-certified workers, employers can qualify for levy concessions or rebates.
Key Features of SEC(K) Certification:
- Levy Concessions: Employers who meet SEC(K) requirements and maintain high safety standards on construction sites may qualify for levy concessions, resulting in cost savings.
- Reduced Accident Risks: SEC(K)-certified workers are trained in safety protocols and best practices, helping to mitigate accident risks and minimize downtime due to injuries.
- Regulatory Compliance: SEC(K) certification ensures compliance with regulatory safety standards, safeguarding both workers and employers from legal liabilities.
Lowering Construction Worker’s Levy
Aesperon Construction is committed to helping employers navigate the complex landscape of levy regulations while investing in the skills development of their workforce. Through our CoreTrade, MultiSkill, and SEC(K) courses, employers can unlock levy concessions, rebates, and benefits while enhancing workforce capabilities.
By investing in accredited training programs, employers not only reduce labor costs but also foster a culture of continuous learning and improvement within their organizations.
Contact us today to explore how our courses can help lower the levy burden for your foreign construction workforce in 2024. Let’s build a skilled and cost-effective workforce together!
