What is Human Resource Development Fund?

The Human Resource Development Fund (HRDF) is a levy based Fund established for the purpose of promoting workplace learning.  It  is operated through a Levy Grant System, where companies pay a levy that is a percentage of their annual turnover into the Fund and reimbursed costs that they incurred for training of their employees.

The Levy Grant Scheme focuses only on company in-service training by creating incentives for a company to invest more in the skills development of its workforce. The eligible training can be either in house on the job training or outsourced training, with more focus on soft skills and technical and vocational education. Workplace training may lead to an award in the form of either a certificate or transcript showing competencies acquired or in some instances particularly on product related training there is no certificate.