|
Success Stories
Siemens
About Siemens Pte Ltd
Siemens AG is a leading global engineering conglomerate that develops and manufactures network communications systems. It has 400,000 employees worldwide in 190 countries and 1,512 in Singapore alone. The company’s mission is to nurture highly-motivated employees who intimately understand customers' needs and, to achieve this, the company emphasises work-life. As a result of its policies, its turnover rate falls below the industry average and 83 percent of employees indicated in a Workplace Health survey that they are proud to work in Siemens.
Siemens was awarded the Work-Life Excellence Award 2008.
|
Flexible Benefits Plan. This scheme is ideal because employees can choose from a wide array of options to suit their individual needs. For example, they can use their flex points or “flex dollars” to upgrade their insurance coverage, claim extra maternity expenses, or pay for medical tests and immunisations or buy health supplements and equipment. It was monitored that about 60 percent of employees use the flexible benefits to upgrade hospitalisation and surgical coverage for their dependents.
Medical Coverage. Annual health screening is provided for all employees and employees above 40 years old can claim up to $300 every 2 years for medical check-up. Staff can also claim for medical insurance and out-patient medical benefits for their dependants. Under a Maternity Assistance Scheme, eligible male employees receive $1,800 and female employees receive $2,500.
Work-Life Facilities. Siemens set up a gym in the office lounge with music equipment and reading material. There are occasional lunchtime talks on family topics. Siemens also provides a Lactation Room, after-work aerobics and yoga programmes and subsidised health programmes.
|
|
| Flexible Work Arrangements |
|
5-day work-week, Flexi Time, Telecommuting and Part Time
Siemens offers a 5-day work-week with staggered working hours; telecommuting and part time work arrangements. All employees can choose to start work between 8 am to 9.30 am and leave the office between 5 pm to 6.30 pm. Employees can telecommute from home with company-issued laptops at their own discretion as long as this is approved by their supervisors. Employees can also discuss part time work arrangements with the management if the nature of the job permits it. |
|
To find out more about Siemens, please visit: http://www.siemens.com.sg
|