WoW! Fund: Overview
The Work-Life Works! (WoW!) Fund is a one-time grant given to businesses to encourage employers to introduce Work-Life strategies at the workplace. The WoW! Fund helps to defray costs incurred by organisations while introducing Work-Life measures. An approved project can be funded up to 80% of costs subject to a maximum of $20,000.
All organisations (including private-sector, non-profit and public-sector organisations) can apply for the grant. Organisations operating as a group of closely related subsidiaries should submit only one application.
With effect 1 April 2013, the WoW! Fund will be replaced by the Work-Life Grant under the WorkPro Programme. Please refer to the WorkPro page for more information.
Scope of use of WoW! Fund
The WoW! Fund can be used to subsidise the following types of expenditures:
- Training HR managers and line supervisors to facilitate or implement Work-Life strategies
It is compulsory for project leaders to attend the work-life training, and they should attend the training upon project approval. The training is optional for line managers, HR and/or affected staff. Only training courses approved by the Ministry of Manpower (MOM) will be funded. Upcoming courses can be found at the Calendar of Work-Life activities.
- Infrastructure that facilitates the development of flexible work arrangements (FWAs)
The Fund covers basic items that are relevant to FWAs. Items for business needs are not funded.
- Infrastructure and programmes that support selected Employee Support Schemes (ESS)
Examples: Personal Work-Life Effectiveness (PWLE) Workplace Workplace Programmes; lactation or family rooms.
- Optional: Work-Life consultancy
Organisations may use the WoW! Fund to engage an external third party to provide advice and assistance on work-life issues, not business process. Only the consultants listed on the MOM website are eligible for funding.
The WoW! Fund does not cover:
- Softwares for business needs (e.g. inventory/HR/accounting)
- Recurrent cost (e.g. maintenance of IT equipment)
- Manpower cost
- Schemes designed mainly to enhance personal wellness (e.g. gym membership) or foster employee bonding (e.g. family day, dinner and dance)
- Items that are frivolous or are not prudent use of public fund
- Projects that fit better with other funding schemes (eg. workplace health and fitness)
How the WoW! Fund works
Organisations need to obtain in-principle approval before incurring costs. Approval does not guarantee reimbursement, which is subjected to the achievement of outcome targets.
With effect from 1 March 2011, it is a requirement for the project leader and Work-Life champion to attend the WoW! Fund briefing before the organisation apply for the WoW! Fund. This requirement applies to applications that are received from 1 March 2011 onwards.
The project must be completed within one year from approval. Please click here for the application procedure.
Organisations may seek reimbursement after completing the whole project (ie. achieved all outcome targets). If cash flow is a consideration, organisations may seek reimbursement in 2 phases - after they have achieved the outcome targets under the Common Tranche and subsequently the Enhanced Tier. Please click here for the claim procedure.