Work-life Strategies & Government Funded Programmes (Benefits of work…
Work-life Strategies & Government Funded Programmes
Definition: To encourage incentives of more employees on FWAs
Utilisation rate of FWAs
At least 30%
Total Incentive: Up to $120,000
Annual payment: Up to $40,000
At least 20%
Total Incentive: Up to $75,000
Annual payment: Up to $25,000
Have formalised 2 or more FWAs in the HR policy and communicate the policy to all the employees.
Ensure that the workforce has at least 20% or 30% FWA utilisation , subject to a minimum of 5 employees (whichever is higher).
Employees should be utilising the FWAs on a regular basis.Half of the employees utilising the FWAs must be Singaporeans.
No more than 6 in 10 employees on the same FWA type can count towards the 20% or 30% FWA utilisation criteria.
Appoint a work-life ambassador from company's management
Sustain the current FWA utilisation rate at the workplace to receive subsequent tranches of payout.
Formalise piloted FWAs into HR policies, communicating it to all employees
6 Step for implementing FWA pilot
Step 6: Monitor FWAs, consult relevant stakeholders and make refinements
Step 5: Pilot at least 2 new FWAs with at least 10% of the total workforce
Step 4: Send at lease one employer or employee to complete work-life training
Step 3: Develop FWA implementation plan
Step 2: Conduct needs analysis
Step 1: Assess specific FWAs that are suitable for implementation
Appoint work-life ambassador from company's senior management
Have at least one employee complete work-life training course
Reimbursement of approved expenses used for implementing FWAs
Up to 80% for Work-life training and consultancy
Up to 50% for IT Infrastructure for FWAs and selected employee support scheme
Definition: One-time grant of a maximum of $40,000 per company helps in implementing work-life strategies (FWAs) and helps cover part of the developmental costs.
measures you can put in place to help your employees manage work responsibilities alongside personal needs
Types of work-life strategies
Employee support schemes
Flexible work arrangements
Benefits of work-life strategies
attract and/or retain talent
save on real estate and overhead expenses
reduce healthcare costs
provide work flexibility in response to changing employee needs
be an employer of choice
stay ahead of the competition
How to implement
Step 2: Assess Business Needs And Employees’ Work‐life Needs
Step 3: Implement Work‐life Programmes
Step 1: Establish The Need To Implement / Modify A Work-life Strategy
Step 4: Evaluate Work‐life Programmes
The WorkPro - Work-Life Grant aims to help employees better manage both work and family commitments.
Enhances the pro-family environment in Singapore.
Fundings and incentives are available for companies to provide flexible work arrangements (FWAs) for employees.
Up to $20,000
Definition of Work-life Grant