CFO cum Business Advisory

Enhancement Of Work Life Grant Effective July 2018

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The Work-Life Grant, which was started in 2013 and is due to expire at the end of this month, will be extended and enhanced from July 1, 2018.

3 areas of enhancement :

1. The criteria for employers to apply for the grant have been simplified. Employers no longer require minimum 20 % of all employees to be on flexible work arrangements to qualify for the grant.

This was in response to feedback from companies on the difficulties they face in meeting this criteria.

Under the enhanced Work-Life Grant, the employer will receive some funding so long as one or more employees adopt flexible work arrangements.

2. Employers will receive S$2,000 per year over two years for each employee on flexible work arrangement, up to 35 employees. It is higher than what the current scheme offers, which is S$2,000 per employee per year for the first five employees, and S$1,500 for the subsequent 20.

3. For employers who provide job sharing for professionals, managers, executives and technicians (PMETs) can receive S$3,500 per employee, up from a maximum of $2,000 per employee under the current scheme.

The higher grant per employee will provide more upfront support to help employers take the first step to encourage their employees to adopt flexible work arrangements.

The Government has set aside a budget of S$30 million over two years for this scheme.

Hope this summary helps.

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Written by Kelvin Loh