Work-Life Grant to be extended and enhanced

The Singapore government is enhancing a scheme that promotes flexible working arrangements.

The Singapore government’s Work-Life Grant, which provides employers with financial assistance to trial flexible arrangements, will be extended and enhanced.

During an International Women’s Day event last week, Second Minister for Manpower Josephine Teo said that the expansion aims to help women achieve more a positive work-life balance, so they do not feel the need to choose between “full-time work and zero time”.

The scheme was initially set to expire this month.

The grant's expanded benefits will include a higher quantum per employee. Currently, the grant disburses $2,000 per employee per year for the first five employees, and $1,500 for subsequent employees (capped at 20). Moving forward, employers will be funded at $2,000 per employee per year over two years – for up to 35 employees.

Further, companies that provide job sharing for professionals, managers, executives and technicians (PMETs) will be eligible to receive S$3,500 per employee – which is almost double the maximum of $2,000 per employee that is provided by the scheme at present.

"The higher grant per employee on flexible work arrangements, including job-sharing, will provide more upfront support to help employees take the first step to encourage their employees to adopt flexible work arrangements," said Teo.

But the changes aren’t all talk only: employers will also find it easier to apply for the Work-Life Grant.

Previously, for a company to qualify, at least 20% of its employees had to be working on flexible work arrangements. Now, each company only needs to have at least one employee adopting such arrangements.

"This was in response to feedback from companies on the difficulties they face in meeting this criteria,” said Teo.

The Singapore government has reportedly set aside a budget of S$30 million over two years to support the Work-Life Grant. 

Click here for more Compensation and Benefits News Click here for more Diversity News Click here for more Employee engagement and experience News
Infographic: Promotions without pay raises
- 13 Jun 2018
According to a new survey, more companies are offering promotions without raises -- and many workers are willing to accept them.
UK companies to publish worker to boss pay gap
- 12 Jun 2018
UK companies will more than 250 employees will have to reveal the pay gap between the average worker and the CEO.
Cities with the fattest paychecks
- 11 Jun 2018
Deutsche Bank's annual "Mapping the Worldʹs Prices" survey looks into global prices and living standards globally.
Employers willing to pay more for the right talent
Kelvin Ong - 08 Jun 2018
In today's ongoing war for talent, employers are well aware that money talks.
Walmart to subsidise US college tuition
- 04 Jun 2018
The subsidy will apply to supply chain management and business courses at three different US universities.
More Singapore employers increased wages in 2017
Kelvin Ong - 31 May 2018
The upward salary trend, according to the Singapore Manpower Ministry, comes on the back of a recovering economy.