Human Capital and Resources

Successful businesses view human capital as a key enabler for business growth and not just as a corporate function or hygiene factor. Adopting a people-first mind-set and investing in human resources capability can contribute to your company’s overall business growth in the long term.

Having a strong human capital strategy and good HR practices will help you to be in a better position to attract and retain people for business growth. Enterprise Singapore supports companies in strengthening HR capabilities across various areas.

Supportable Activities

What can you do to attract and retain talent, upskill your people to transform and grow your business? The Capability Development Grant (CDG) supports your business in improving people management practices through engaging HR consultants to strengthen HR practices and put in place the right systems and processes. It covers the following areas:

  • Recruitment & Selection
  • Compensation & Benefits
  • Performance Management
  • Employee Engagement & Communications
  • Manpower Planning
  • Job Redesign
  • Employee Value Proposition
  • Training & Development
  • HR Management
  • Organisation Culture
  • Talent Management & Succession Planning
  • Talent Mobility

The CDG also supports your business in improving operational efficiency and adopting technology-based solutions through pre-scoped HR solutions from pre-qualified providers. These includes:

HR Shared Services

To enable your business to outsource operational activities and enhance HR systems and processes, Enterprise Singapore appointed a pool of HR service providers to offer companies shared access to HR systems and services, including advisory services. Find out more here.

HR Technology

To access the latest tools and adopt innovative HR technologies, Enterprise Singapore has consolidated a pilot pool of pre-scoped HR Tech solutions for your business for you to tap into. Find out more here.

Non-supportable Activities

The following activities/cost items are not supportable under the CDG as they are considered to be operational in nature and not exclusive to capability development projects:

  • Generic equipment and software not used exclusively for the project
  • Stand-alone upgrading or replacement of existing equipment/software without capability development
  • Business setup and operating costs (e.g. office rental, renovation, IT systems hosting and maintenance cost, working capital, etc.)
  • Stand-alone training courses
  • Living expenses for foreign consultants
  • Welfare subsidies for employees

Other HR-related initiatives

For other HR capability initiatives that you can embark on besides the CDG-HR, you can visit the following pages to find out more.

Access to free resources

  • HR Diagnostic Tool - Thinking of upgrading your HR capabilities but do not know where to begin? You can start here.
  • HR Portal – Gain access to a rich selection of easy-to-use and self-help resources on HR topics such as frameworks, checklists, toolkits, templates, videos, etc.

Talent attraction and development initiatives

  • Find out how you can tap into other talent initiatives such as internships, recruitment, leadership training, learning and development, right here.

Resources

HR Industry Manpower Plan (HRIMP)

The HR Industry Manpower Plan (HRIMP) provides a clear roadmap to strengthen the HR profession and HR services sector in Singapore, to effectively partner business leaders in developing a future-ready workforce.

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