OCBC to give S$500 top-up to non-execs for SkillsFuture credit

OCBC Bank will give each of its permanent non-executive employees a S$500 cash top-up to be used for SkillsFuture Credit eligible courses.

Named OCBC FutureReady Credit, the S$500 top-up is one of three components of the OCBC FutureReady Programme - costing nearly S$500,000 - that is launched on Monday.

The programme, said the bank on Monday, is "yet another strategic talent development initiative" to empower employees in their learning and development journey.

Two other components of the programme are the OCBC FutureReady Catalogue, a customised resource of 120 SkillsFuture Credit courses available to employees; and the OCBC FutureReady Premiere, a three-day roadshow held in May for employees to familiarise themselves with SkillsFuture Credit and the OCBC Catalogue.

OCBC's head of group human resources Jason Ho said: "We are cognisant of the fact that, for employees, technological advancements, digital innovations, changing consumer behaviour and the increasing number of regulations make it ever more challenging for them to stay current and employable. That is why we have always believed in empowering our employees - our colleagues - with skills for both their personal as well as professional development."