More than 2,600 CapitaLand Limited employees in Singapore will have their digital competencies and skills enhanced over the next two years.
CapitaLand announced on 14 August 2019 that it will invest $5 million over two years on a new skills framework called the Building Capability Framework.
With the framework, all its employees in Singapore will complete at least one digital training by 2020.
The BCF aims to develop a future-ready workforce, said CapitaLand in a media release. The framework allows employees to chart their own training by selecting a mix of over 50 training modules.
As employees progress in their training, they will get rewards in the form of training allowance of up to $500.
The company will also offer a one-day training leave to employees to attend digital-related training programmes.
If successful, the framework will be rolled out to other employees across 30 countries.
As part of efforts to upskill employees, CapitaLand also signed an agreement with the Singapore Industrial and Services Union (SISEU) to set up a company training committee (CTC).
The CTC will further look into customised training programmes to upskill CapitaLand Employees to become digital-ready.
“Through our partnerships and rigorous digital curricula, CapitaLand is committed to equipping our employees with the tools and opportunities to take charge of their own learning and development journey to stay ahead of industry transformations,” said CapitaLand Group chief corporate and people officer Tan Seng Chai.
Touching on the partnership, SISEU Executive Secretary Sylvia Choo said that the union will work with CapitaLand to ensure employees receive relevant training that will add value to both the company and employees.
“SISEU is happy to support CapitaLand’s efforts to ensure all its employees are not left behind in the future workplaces. Importantly, this collaboration will ensure that employees take ownership of their own learning and have access to more choices when it comes to embarking on their own skills upgrading journeys, with the array of courses available through our training partners,” she said.
CapitaLand employees in Singapore can now pick up digital skills such as data analytics, cloud computing, artificial intelligence, blockchain and cybersecurity.
They are offered courses at CapitaLand’s corporate learning institute called the CapitaLand Institute of Management and Business. Employees can also access the training through the CTC, with courses and resources provided by NTUC LearningHub, NTUC’s e2i (Employment and Employability Institute), SkillsFuture Singapore, Workforce Singapore, and National University of Singapore’s School of Continuing and Lifelong Education.
Last year, 95 per cent of CapitaLand’s workforce attended at least one training event, and each staff completed an average of 51 hours of training.
