- Access New Markets and Grow Existing Markets - Prepare your workforce to expand your reach and tap into global potential
- Reduce the Costs of Developing Global Talent - Receive payroll subsidy to build your international-ready team
- Increase Employer Value Proposition - Demonstrate your commitment to career development and improve talent attraction and employee retention
What is it?
The Overseas Markets Immersion Programme (OMIP) supports companies that are interested in overseas expansion to reskill employees with little to no overseas experience in the market, supporting companies to invest in their employees’ development and ultimately enhance the companies’ global mobility.
OMIP Eligibility Criteria for Employers
Ready to develop a global-ready workforce for your business? See if your business is eligible for support to send employees for overseas placements. Participating companies must be:
- Registered or incorporated in Singapore
- Committed to collaborating with WSG or its appointed partner
- Have a clear market expansion/business transformation plans with defined KPIs
- Develop a sound training plan addressing skill/knowledge gap for the target market
Eligibility Criteria for New Hires (Mid-Career Employees):
- In full time permanent or contract position with a minimum fixed monthly salary of at least $4,000
- Clearly defined job role for the identified market with delineated differences from previous roles
Eligibility Criteria for Existing Employees:
- In full time permanent or contract position with a minimum fixed monthly salary of at least $4,000
- Employed by the company for at least 1 year at the time of application
- Detailed career development plan outlining progression over 12 and 24 months
- Identified business-related short-term KPIs and outcomes post-training
How does it work?
Participating companies will work with WSG’s appointed Programme Partner to create customised training plans for the employees. Training plan will consist of on-the-job training (OJT), optional classroom training, or both, depending on the company’s requirements. At least 6 months must be based overseas (1 identified country) on relocation basis.
The programme will support the company with
- Salary support of up to 70% (capped at $5,000 per month) for up to 9 months.
- Overseas allowance of up to 70% (capped at $3,000 per month) when trainee is physically situated in the identified market, for recurring expenses such as meal, transport, housing, hardship, mobile, and medical / insurance.