Flexi Works Scheme
Posted by admin on Nov 3, 2009
Flexi-Works! is an initiative by the Singapore Workforce Development Agency (WDA) and the National Trade Union Congress (NTUC) for companies to hire new workers on part-time or flexible work arrangements. The scheme offers a grant of up to $100,000 to support a company’s efforts in the recruitment of workers on part-time or flexible work arrangements. The programme has been enhanced and extended to run for another year from 1 Mar 2009.
Enhancement to Flexi-Works!
Enhancements to the Flexi-Works! Scheme included the following:
• Previously, workers to be recruited must be aged 35 & above. Under the revised scheme, this age criterion has been lowered and workers to be recruited need only be aged 30 & above
• In addition to encouraging the hire of economically inactive workers, Flexi-Works! now also include a tranche of funding dedicated specifically to help companies introduce flexible work arrangement.
• Extension of the scheme to run for another year starting from 1 Mar 2009
The Flexi-Works! scheme will also be extended till 31 March 2010.
Enhanced Flexi-Works!
Under the enhanced scheme, funding would be disbursed in 2 tranches as follows:
Tranche 1: Companies can claim up to $10,000 for introducing flexible work arrangements in the organisations. Dr. Dolittle: Tail to the Chief download
For this tranche, companies will have to:
• Send HR staff for MOM-approved Work-Life training;
• Make provision for FWA in their HR policies; and
• Communicate the policy to their staff
Grant Computation
The grant amount will be based on 80% of actual cost incurred, and will work on a reimbursement system, capped at $10,000 per company.
This tranche is common to the first tranche of WoW! Fund. Each applicant can only tap on this tranche once, either under the WoW! Fund or Flexi-Works! programmes. However, they are still eligible to tap on the 2nd tranche of both schemes.
Tranche 2: Companies are entitled up to $90,000 for recruiting eligible workers on part-time or Flexible Work Arrangements. Rush Hour 2 film
For this tranche, companies would have to:
• Fulfill the requirements of Tranche 1;
• Recruit workers with the following two requirements
o Aged 30 and above
o Singaporeans and/or Singapore Permanent Resident
Grant Computation
The grant amount will be based on:
• Number of workers recruited on part-time or flexible working arrangements and retained for at least 2 months multiplied by $1,800; OR
• 80% of the actual project costs, whichever is the lower, subject to a cap of $90,000 per company. Companies should aim to achieve their recruitment target 6 months from the date of approval for their application.
What can the Grant be used for?
• The grant can be used for costs incurred for job redesign, consultancy, recruitment, training, absentee payroll and equipment, to put in place part time or flexible working arrangements.
• The grant cannot be used for any form of retention bonus or salary support as well as on-the-job training.
Should you interested to find out more information on the above scheme, please contact ,
Evelyn Chng / Brian Ng / Michelle Chong
361 Degree Consultancy Pte Ltd
Customer Service Hotline: 3152 3152
Email: enquiry@361dc.com
FAQs:
What are the qualifying criteria?
Companies can apply if:
1. They intend to create jobs that are part-time or flexible in nature;
2. Intend to hire NEW workers. These workers have to fulfill the following requirements:
i) Singaporeans or Singapore PRs; and
ii) aged 30 and above.
What costs can I claim?
The grant will support costs incurred by the company for job re-design, consultancy, recruitment, training, absentee payroll, equipment and materials associated with making part time and flexible work arrangements possible. This can include one time cost of buying additional sets of uniforms, tools, materials, etc that arise because of part time work arrangements.
However, companies cannot claim against recurrent manpower cost or staff holding cost, such as wages, medical benefits, insurance, staff welfare.
How will the grant be computed?
For Tranche 1, the grant amount will be based on 80% of actual cost incurred, and will work on a reimbursement system, capped at $10,000 per company.
For Tranche 2, the eligible grant for each company will be based on
• Number of workers recruited on part-time or flexible working arrangements and retained for at least 2 months multiplied by $1,800; OR
• 80% of the actual project costs, whichever is the lower, subject to a cap of $90,000 per company.
What is the definition of a “part-time worker”?
A part-time worker is defined as an employee who is required under his contract of service with an employer to work less than 35 hours a week.
What is the definition of “flexible work arrangements”?
Flexible work arrangements include flexi-time, permanent part-time work, job-sharing, compressed work-week, tele-working or annualised work hours.
I am the owner of a small retail shop in the HDB heartland and in the process of recruiting two female workers to work on part-time basis. Can I apply for the grant?
Yes you can apply for the grant.
Implications of Budget 2009 for Companies
Posted by admin on Feb 5, 2009
Tax Exemption for Start-ups
Posted by admin on Dec 12, 2008
Start-ups that meet certain qualifying conditions do not need to pay tax on the first S$100,000 of chargeable income (excluding Singapore franked dividends Kill Bill: Vol. 1 movie download
For who?
New companies that meet these criteria:
- From Year of Assessment (YA) 2005 to YA 2008: Americanizing Shelley dvd
- incorporated in Singapore (except companies limited by guarantee)
- a tax resident of Singapore in that YA
- has its total share capital beneficially held, directly or indirectly, by no more than 20 individuals throughout the basis period relating to that YA.
- With effect from YA 2009:
- incorporated in Singapore (except companies limited by guarantee)
- a tax resident of Singapore in that YA Once Upon a Time in Mexico buy
- has no more than 20 shareholders throughout the basis period for that YA where:
- all of the shareholders are individuals beneficially holding the shares in their own names; OR
- at least one shareholder is an individual beneficially holding at least 10% of the issued ordinary shares of the company
For what?
- To help start-ups preserve their cash flow and profits.
How much?
- Tax exemption on the first S$100,000 of chargeable income (excluding Singapore franked dividends) for any of the first 3 consecutive years of tax assessment from YA2005.
- Starting from YA 2008, a further 50% exemption is given on the next S$200,000 of the normal chargeable income (excluding Singapore franked dividends) for each of the first 3 consecutive YAs.
Things to note:
- Elegy dvd Singapore franked dividends are dividends paid out of the profits of a company on which tax has already been paid in Singapore.
- The first YA of a qualifying company is the YA relating to the basis period during which the company is incorporated. The Poet
|
E.g. Company A is incorporated in Singapore on 15 April 2003. The accounting year-end of the company is 30 June. The first YA of Company A is YA2004 (basis period 15 April 2003 to 30 June 2003). If Company A meets the qualifying criteria for YA2005 (i.e. second YA), Company A would enjoy full tax exemption of up to S$100,000 on its normal chargeable income (excluding Singapore franked dividends) for YA2005. Similarly, if Company A meets the qualifying criteria for YA2006 (i.e. third YA), Company A would enjoy full tax exemption of up to S$100,000 on its normal chargeable income (excluding Singapore franked dividends) for YA2006. |
Enterprise Investment Incentive (EII) Scheme
Posted by admin on Dec 12, 2008
Attract more investors for your start-up business by giving them tax breaks for any investment losses.
Halloween 4: The Return of Michael Myers release
For who? Halloween 4: The Return of Michael Myers movies
- Start-ups registered in Singapore who are developing new products, processes or services.
For what? Out of Africa buy
- To encourage investors to fund start-ups by giving them tax breaks on investment losses. Christies Revenge ipod
How much? X-Men: The Last Stand video
Star Wars: Episode II - Attack of the Clones
- Investors can deduct up to S$3 million worth of losses against their taxable income.
Regional Headquarters Award (RHQ)
Posted by admin on Dec 12, 2008
Get RHQ status for your business and enjoy lower corporate tax rates.
For who?
- All companies managing their Asia-Pacific headquarters activities out of Singapore.
For what?
- To encourage companies to use Singapore as a base for conducting headquarters management activities to oversee, manage and control their regional and global operation and businesses.
- Headquarters activities include strategic business planning and development, marketing control, planning and brand management, and technical support services.
How much?
Kaena: The Prophecy movies Americanizing Shelley psp download The Man Between movie FernGully: The Last Rainforest psp UKM: The Ultimate Killing Machine trailer
- Companies with RHQ status pay a lower corporate tax rate of 15%. The current corporate tax rate is 18%.
Things to note:
- Personnel hired for headquarters operations should be based in Singapore and can include management, professionals, technical and support staff. I Now Pronounce You Chuck and Larry buy
International Headquarters Award (IHQ)
Posted by admin on Dec 12, 2008
Get IHQ status for your business and enjoy lower corporate tax rates.
Final Destination download download Magnifique, Le dvd
For who?
- All companies managing their headquarters activities out of Singapore. The company must commit to exceed the minimum requirements of the Regional Headquarters Award
.
For what? The Ice Harvest trailer
- To encourage companies to use Singapore as a base for conducting headquarters management activities to oversee, manage and control their regional and global operation and businesses. The King of Marvin Gardens
- Headquarters activities include strategic business planning and development, marketing control, planning and brand management, and technical support services. Supergirl rip Triloquist buy
How much?
- Offers concessionary tax rate of 10% or lower. The current corporate tax rate is 18%.
Things to note:
download Christies Revenge dvd
- Personnel hired for headquarters operations should be based in Singapore and can include management, professionals, technical and support staff.
Workplace Health & Sports Promotion (WHSP)
Posted by admin on Dec 12, 2008
Get a grant of up to $10,000 to create health and sports programmes for your employees.
For who?
- Singapore-registered organisations with at least 30 employees (including companies, government agencies and statutory boards).
For what?
- To encourage organisations to create and sustain health programmes and sports and physical activities for staff by subsidising the cost of programmes/activities.
- Examples of programmes and activities:
- health screening, lifestyle and health practice survey Ultraviolet hd
- health-related talks, workshops and activities
- sports, exercise and fitness classes
How much?
- For every dollar your business puts into health programmes, you will receive S$1 from the grant up to a maximum of S$5,000.
- For every dollar your business puts into sports and physical activities, you will receive S$1 from the grant up to a maximum of S$5,000.
- You can apply for the grant twice. Only one grant will be given per year. You should apply for the second grant only after completing all the programmes and activities for the first grant.
- For each award (Bronze, Silver, Gold or Platinum) you attain under the Singapore HEALTH Award (SHA), you can apply for 2 additional rounds of funding.
Things to note:
- You can only start your programme/activities after the grant is approved.
- Once your grant has been approved, you must apply for SHA
and Champions For Sport 2009 when the Awards are open for application. - The programme/activities funded must be completed within 12 months from the date of approval.
- The grant is jointly funded by the Health Promotion Board (HPB) and Singapore Sports Council (SSC).
Work-Life Works! (WoW!) Fund
Posted by admin on Dec 12, 2008
Get a grant to implement Work-Life Strategies, which will help your employees manage their work responsibilities alongside personal and family needs.
For who?
- All organisations with at least 5 paid employees (including private sector, public sector and non-profit organisations).
For what?
- The WoW! Fund helps employers to defray costs incurred in implementing Work-Life Strategies. Specifically, you can use the funds for:
- Training - To subsidise the cost of training human resource managers and line supervisors to implement work-life strategies. Courses must be approved by MOM
. - Infrastructure - To subsidise one-time infrastructure development costs needed for flexible work arrangements or employee support schemes. E.g. Telecommuting systems, lactation rooms for nursing mothers, etc.
- Consultancy
- To subsidise the cost of hiring a certified consultant to explore, develop and implement work-life strategies. List of Certified Work-Life Consultants. - Human Resource - To subsidise the salary of staff tasked with implementing your business’ work-life strategies. By the end of the implementation period, staff must have completed a MOM-approved course.
- Training - To subsidise the cost of training human resource managers and line supervisors to implement work-life strategies. Courses must be approved by MOM
- WOW! can also be used to fund and support the following Employee Support Schemes (ESS):
- Personal Work-Life Effectiveness (PWLE) Workplace Programmes
- flexible benefits programmes
- lactation, family or daycare rooms
- time-saving services (e.g. concierge, internal postal or banking services)
- employee counselling services (e.g. for stress or personal issues)
- family referral services
- innovative childcare or eldercare arrangements
How much?
- The WOW! Fund co-funds up to 70% of your business’ work-life project, capped at S$10,000 per company.
Things to note:
- Projects which introduce flexible work arrangements will be given priority.
- MOM reserves the right to audit businesses which receive WOW! Funds to ensure that the grant is used appropriately.
- Each business can apply for the grant only once. To maximize your grant, you should make sure all your needs (e.g. training, infrastructure and consultancy) are addressed in your project proposal when applying.
- The grant does not cover:
- projects focused on enhancing personal wellness (e.g. gym membership)
- projects focused on strengthening employee relationships (e.g. family day and dinner-and-dance)
- recurring costs after implementation of a Work-Life project (e.g. maintenance of lactation room and IT equipment)
- goods and services tax (GST)
CRAFT For Chefs (CRAFT)
Posted by admin on Dec 12, 2008
Sign your chefs, cooks and other kitchen staff up for the subsidised course.
For who?
- Singapore-based businesses who wish to upgrade and certify the culinary skills of their employees.
- Individuals who wish to enter the culinary profession or make a mid-career switch.
- Recipients (i.e. the trainees) of this grant must be Singapore Citizens or Permanent Residents. Dumbo film
For what? Palindromes dvd The Little Mermaid: Ariel’s Beginning move
- CRAFT aims to develop and train local chef talent through classroom and apprenticeship training at F&B establishments in Singapore. WDA funds part of the course fees and the trainee’s salary during the apprenticeship training.
- CRAFT is based on the F&B Workforce Skills Qualifications (WSQ) framework The Little Kidnappers trailer . Trainees will graduate with 3 nationally-recognised qualifications under the framework:
- F&B WSQ Certificate in Food Preparation
- Higher Certificate in Culinary Skills
- Advanced Certificate in Culinary Skills
How much?
|
Training Provider |
Singapore Hotel and Tourism Education Centre Pte Ltd (SHATEC) |
|
Course Duration |
24 months |
|
Course Fees
|
S$6,165 (inclusive of GST) |
|
Course Format |
Full-Time/Work & Study |
|
Course Grant Per Trainee Extreme Movie movie |
Up to 80% of the course fees, capped at S$4,840 |
|
Allowance per Trainee / Apprentice |
During the apprenticeship period, trainees will be paid S$500 per month. WDA co-funds 50% of the apprenticeship salary, capped at S$400 per month for a period of 12 months. |
The Little Mermaid: Ariel’s Beginning
Things to note:
- Trainees must work in the F&B industry for at least 1 year upon graduation.
- Trainees must meet the entry requirements to the courses set by the training provider. The training provider accepts certificates under the ESS Workplace Literacy and Numeracy (WPLN) system The River Wild buy
. Unfaithful video Notorious buy - Individuals who wish to apply should approach the training provider. The training provider will find apprenticeship placements for you at F&B establishments.
I Now Pronounce You Chuck and Larry full movie
Construction Re-skilling for Employment (CORE)
Posted by admin on Dec 12, 2008
Is your business in the construction industry? Get a grant to train new workers without industry experience to become trade foremen.
For who?
- Singapore-based companies in the construction industry who wish to hire and train employees without industry experience to become trade foremen.
- Individuals who wish to become trade foremen in the construction industry.
- Trainees under this grant must be:
- Singapore Citizens or Permanent Residents
- physically fit
- able to speak and write in English
- Trainees should also have:
- secondary school education or
- WDA Employability Skills System (ESS) Workplace Literacy and Numeracy 5
For what?
- To encourage construction businesses to hire jobseekers without industry experience by subsidising the costs of training inexperienced new employees to become trade foremen.
- From the jobseeker’s perspective, CORE encourages those without construction industry experience to take up jobs as trade foremen in the industry.
- The grant can only be used for the following courses offered by the BCA Academy (formerly known as Construction Industry Training Institute):
|
CORE Trade Diploma in Plumbing Technology |
|
|
Course Provider:
|
BCA Academy |
|
Course Duration: Inside Man rip K-PAX buy |
1040 hours |
|
Course Fees: |
S$9,340 |
|
Course Format: |
Classroom and on-the-job training |
|
CORE Trade Diploma in Electrical Technology |
|
|
Course Provider: |
BCA Academy |
|
Course Duration: |
1612 hours |
|
Course Fees: |
S$9,985 |
|
Course Format: |
Classroom and on-the-job training |
|
CORE Trade Diploma in Waterproofing |
|
|
Course Provider: |
BCA Academy |
|
Course Duration: |
912 hours |
|
Course Fees: |
S$8,100 |
|
Course Format: |
Classroom and on-the-job training A Guide to Recognizing Your Saints movie full |
How much?
- The training grant amount is based on the age and academic qualifications of the trainee.
|
Type of Trainee: |
Trainees (40 years old & above, with ‘A’ Levels & below) |
Other Trainees |
|
Course Grant Per Trainee*: |
90% of course fees or S$11 per hour, whichever is lower |
80% of course fees or S$7 per hour, whichever is lower |
|
Absentee Payroll |
S$6.80 per classroom hour capped at 90% of basic hourly salary, whichever is lower |
S$6 per hour capped at 80% of basic hourly salary, whichever is lower |
|
On-The-Job (OJT) Support |
S$7 per OJT hour capped at 1144 hours |
S$7 per OJT hour capped at 1144 hours |
*Funding for CORE is provided under the Skills Development Fund (SDF)
Things to note: Final Destination film
- This grant is for training workers to become trade foremen. If you are looking for a grant to train workers to become tradesmen, please refer to
- NTUC may also short list potential trainees for your businesses. These are individuals who have applied directly to NTUC.
- To receive the funds, your business must ensure trainees:
- attend at least 75% of the training
- sit for all assessments and tests