Venture Platform Pte Ltd
40 Ubi Crescent, #01-04 Ubi Techpark, Singapore 408567
Tel. 65 6533 5834 | Fax. 6533 5835
Copyright © 2011. All Rights Reserved.
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.
* 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.
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 80% of your business’ work-life project, capped at
S$20,000 per company.