SINGAPORE — The government is reviewing its incentive framework for companies offering pro-family employment options in a bid to encourage more firms to do so.
Minister in the Prime Minister’s Office, Grace Fu, said offering family-friendly employment options is a good way to retain talent. But fewer than 20 per cent of companies currently do so.
Ms Fu said some smaller companies are worried it would be expensive to implement pro-family employment options.
But she noted that such companies in fact have greater flexibility to do so.
She said they need to change their mindset and view pro-family options as a strategy to attract talent, rather than as a cost to the company.
NTUC wants more companies to offer family-friendly practices and Ms Fu said the government will support this.
She said: “We do have different needs over our life cycle, sometimes we have young children and sometimes we have elderly parents to look after. And a system that is flexible, customisable and is able to be tailor-made to the needs of the employees will be one that is sustainable and also will be positive for the business.”