Work-Life balance of Singaporeans hopes to be improved with the new grand issued to companies by the Government.
The grant looks to provide a more upfront support to help employers encourage their employees to adopt a better work-life arrangement.
The Work-Life Grant was Started in 2013 and is due to expire at the end of March 2018. The scheme will be extended and enhanced from 1 Jul 2018, Second Minister for Manpower Josephine Two announced on Sunday, 4 Mar 2018.
There are three main changes to the existing grant.
First will be a simplified criteria for employers to apply for the grant, removing the 20 percent minimum requirements for their employees to be on flexible work arrangements.
Mrs Teo said at an event to celebrate International Women’s Day at the Grand Copthorne Waterfront: “This was in response to feedback from companies on the difficulties they face in meeting these criteria,”
“Under the enhanced Work-Life Grant, the employer will receive some funding so long as one or more employees adopt flexible work arrangements,” she added.
Second, will be an increase in the value of grant received by the employers. Up to 35 employees can be qualified for the scheme for an amount of $2,000 per employee over two years. This originally amounted to $2,000 per first five employees, and $1,500 for the subsequent 20.
Third, for executives and managerial level employees, the employer can receive $3,500 per employee over two years, up from the original $2,000 per employee.
The Government has set aside a budget of S$30 million over the two years for this scheme.