IE Singapore supports efforts to develop talent for internationalisation

The trade agency wants to help companies meet the manpower demand for talent with global experience.

SINGAPORE: As companies continue to internationalise, IE Singapore has come up with strategies to help build a pipeline of talents with global experience.

According to IE Singapore, around one quarter of companies polled in 2014 said they have staff engaged in overseas-related work. Of these, around half are in PME roles. Four in ten companies also said they intend to assign or recruit more staff for overseas-related work.

At a press briefing on Wednesday (Jun 22), the trade agency added that they want to help companies meet the manpower demand for talent with global experience.

One such way is the Young Talent Programme, which is targeted at students from universities and polytechnics. This involves overseas attachments to expose students to markets abroad, as well as training them with the necessary skillsets.

Take up rate for this programme has increased in the past two years, from 500 overseas interns in 2013 to 900 in 2015.

Under an agreement with the three local universities, IE Singapore and the universities co-fund up to 60 percent of living expenses under an award for students. Over the last 3 years, around 1800 university students have benefitted.

This year, IE Singapore intends to partner SIM University (UniSIM) and Institutes of Technical Education (ITEs) to help students there participate in this programme as well.

Source