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.
Related posts: