Topic 7: Work-Life Balance / Strategies (Benefits of Work-Life Strategies…
Topic 7: Work-Life Balance / Strategies
Balance between working and personal lives.
Allocate time based on priorities and maintain balance by dedicating time to working and personal lives.
Better manage work responsibilities and personal needs.
Importance of Work-Life Strategies
Balance personal and work commitments.
Attract and retain talent.
Have a more engaged and productive workforce.
Benefits of Work-Life Strategies
Improved retention rates
Increased employee productivity
Higher levels of engagement
Lower absenteeism or sick leave
Family Care Leave
Flexible Work Arrangement
Flexible Hours (Flexi-Hours)
Employee Support Schemes
Health and Wellness Programme
Steps to Implement Work-Life Strategies
Step 1: Establish need to implement / modify work-life strategy
Work-life strategy is a business strategy, rather than a perk for employees.
Consider what benefits in which organisation choose to implement work-life programmes.
Step 2: Assess business’ needs and employees’ work-life needs
Ensure actions plans remain practical and beneficial in achieving business goals.
Employees' Work-Life Needs
work-life needs assessments
to implement relevant work-life strategy.
Step 3: Implement Work-Life Programmes
Flexible Work Arrangements (FWAs)
Find out what type of FWAs are suitable to be implemented.
Offer leave benefits that can be paid or unpaid that are not mandated by government.
Employee Support Schemes
Helps employees manage their non-work aspects of life.
Step 4: Evaluate Work-Life Programmes
Measure effectiveness of work-life programmes
Utilisation rate of programmes.
Feedback from employees on whether programmes meet their needs.
Government Work-Life Initiatives & Fundings
Enhanced Work-Life Grant
Flexible Work Arrangements (FWA) Incentive
Encourage employers to support employees who adopt FWAs.
Up to $70,00 per company over 2 years.
$2,000 per local employee per year, who is a regular user of FWAs.
Job Sharing Incentive
Encourage employers to support PMET-level employees who adopt job sharing arrangements.
Up to $35,000 per company over 2 years.
$3,500 per local, full-time PMET employee per year, who is a regular user of job sharing.
Work-Life Works! Fund
One-time grant given to encourage employers to implement work-life strategies.
Up to 80% of cost for approved projects co-funded by Government.
Cap of $20,000 per organisation.
Grant given to employers to hire staff on part-time basis or on FWAs.
Up to $100,000 of grant to implement FWAs.