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What is P-Max?

P-Max is a Place-and-Train Programme that aims to:

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  • Help SMEs to better recruit, train, manage and retain their newly-hired PMETs

  • Encourage the adoption of progressive human resource practices within SMEs

  • Help to place job-seeking PMETs into suitable SME jobs.

How will SMEs Benefit?

P-Max and P-Max for Older Workers

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Hiring SMEs can seek assistance from PMs to help screen and refer suitable job-seeking PMETs for their job vacancies under the Programme.

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Participating SMEs can also enjoy up to 90% course fee subsidy[2] for PMET, SME training workshops and Age Management workshop (applicable for P-Max for Older Worker only), while eligible SMEs will receive a one-time $5,000 Assistance Grant or $10,000[3] Assistance Grant (P-Max for Older Workers only) upon completion of the Programme and six month retention of the newly hired PMET(s).

 

P-Max Lite

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Non-hiring SMEs can enjoy up to 90% course fee subsidy for the SME training workshop under P-Max Lite. This programme targets non-hiring supervisors in SMEs who are keen to learn progressive HR practices to better manage their existing staff. Course fee funding will be provided for non-hiring SME supervisors to attend the SME workshop which will cover progressive HR-related topics, such as goal setting and performance management tools and an introduction to an HR toolkit. SMEs under P-Max Lite will not be eligible for the assistance grant.

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[2] Only Singapore Citizen or Permanent Resident are eligible for the course fee subsidy.

 

[3] Please note that the Assistance Grant is capped at $5,000 or $10,000 (for SMEs under P-Max for Older Worker) regardless of the number of PMETs hired & retained under P-Max. Companies who previously have received $5,000 P-Max grant will only be eligible for additional $5,000 under P-Max for Older Workers

Who can apply?

SME Criteria

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  • Companies registered or incorporated in Singapore;

  • Employment size (at group level) of not more than 200; OR Annual sales turnover (at group level) of not more than S$100 million;

  • At least 30% local shareholding being held by Singapore Citizen or Singapore Permanent Resident

  • Hired a PMET within the last three months (i.e. 90 days) prior to enrolment into programme, offering a gross monthly salary of at least $2,500

 

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PMET Criteria

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  • Be a Singapore Citizen or Permanent Resident who is keen to pursue a full-time career in an SME (P-Max)

  • Be a Singapore Citizen, age 50 and above who is keen to pursue a full-time career in an SME (P-Max for Older Workers)

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  • Possess educational qualifications that are Diploma or higher, or employed/have prior work experience in a PMET position; and

  • Graduated or completed National Service for at least one year, whichever is later.

  • Must not be connected to the P-Max participating company
    a. Shareholder of P-Max company or its related companies*;
    b. Related to the owners** of the P-Max company; and
    c. Immediate ex-staff of the P-Max company or related entities

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* This does not apply to shareholders who hold publicly traded shares in listed companies

** For non-publicly listed companies, refer to individuals with shareholding per ACRA profile

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