Cover image via luxedbCompanies in Singapore are catching on to the importance of work-life balance as a way to keep employees happy and productive
Image via Yahoo
Ministry of Design, a Singapore-based architectural and design firm is letting employees clock out at 3.30pm every Friday!
Singapore architectural and design firm Ministry Of Design has made it a point to let employees clock off from work earlier, at 3.30pm every Friday.
Because of this, employees of the award-winning company have more time to run errands and unwind before the weekend
Following Ministry of Design's footsteps, companies like OCBC Bank and Standard Chartered have made it a point to cut down working hours on Fridays
Image via World Finance
Companies are also introducing more types of special leave days, like birthday and well-being leaves
Image via World Finance
Lendlease, a property group adds three days of well-being days every year, on top of the 22 days of annual leave. This newly introduced leave can be used for a holiday or pursue personal interests.
DBS, a multinational banking and financial services company gives half a day to an employee, which can be taken any time during the birthday month.
Image via DBS
While all these added benefits may seem counter-intuitive in a time when technology is making work more accessible, a study from 2003 has proved otherwise
A 2003 study by the Singapore National Employers Federation on 11 Singapore-based organisations found that for every $1 spent on family-friendly programmes, the organisation reaped a return of $1.68. Companies with good work-life balance saw a higher productivity rate.
These changes couldn't come at a better time too, considering the long hours Singaporeans have been working. Did you know Singaporeans work at an average of 46 hours per week?
Image via Strait Times
