7 In 10 SMEs Say They Require Greater Support In Workforce Upskilling, Budgetary Issues A Key Challenge

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  • 68% of employers of SMEs say that they need more support in the form of training resources.
  • One in two (50%) SME employers cite ‘the lack of budget’ as a key challenge in upskilling their workforce.
  • The support required by SMEs include ‘training resources to tap on’ (68%), ‘more support from employees’ (65%) and ‘more government training support’ (55%).


SINGAPORE – Media OutReach – 7 January 2022 – As upskilling tops the business agenda for companies in Singapore, seven in ten (68%) Small and Medium Enterprises (SME) employers say that they require more support in the form of training resources. One in two (50%) of SME employers cite ‘the lack of budget’ as the key challenge in upskilling their workforce.

 

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