Search results
Jun 3, 2024 · Pay all salaries, including unused annual leave, notice pay, etc., to your employees on their last day of work. Help your affected employees look for alternative jobs in associate companies, other companies or through outplacement assistance programmes, e.g. job fairs, career fairs, career advice.
Second round of layoffs at Ninja Van in less than three months; 5% of Singapore staff affected
The anonymous source said those impacted by the layoff...wide emails or memos were sent. The Ninja Van spokesperson said that employees affected in this round of layoffs will ...
The Edge Singapore via Yahoo
2 days ago
Dual-listed Del Monte sinks into US$127.3 mil net loss for FY2024, down from US$17 mil profit last year
Singapore Exchange Mainboard and Philippine Stock Exchange...expenses at international subsidiary Del Monte Foods, Inc. (DMFI) for severance pay ...
The Edge Singapore via Yahoo
5 days ago
Sep 30, 2022 · There is no law requiring severance pay in Singapore. However, most businesses still offer severance packages to avoid dealing with a disgruntled employee. Any severance payment should be explicitly stated in the contract. Typically, severance pay is 2 weeks to 1 month of wages per year of employment.
Apr 23, 2024 · In this comprehensive guide, we will look at the key aspects that define severance pay in Singapore, from calculation methods to tax and CPF implications. Let us dive in and learn everything you need to know about this critical aspect of job termination to ensure a smooth and amicable transition.
Under Singapore’s employment laws, there is no statutory requirement for employers to provide severance pay unless it is specified in the employment contract or collective agreement. However, there are certain circumstances where severance pay may be mandated.
Nov 27, 2022 · Does your employer need to pay severance? Does being unionised help? CNA answers your questions on being laid off in Singapore.
Employment legislation in Singapore - Legal information about notice periods, severance pay, summary dismissals, grounds for termination and more.
According to the Tripartite Advisory on Managing Excess Manpower and Responsible Retrenchment, employers should communicate the intentions of retrenchment to their employees early and before the public notice of retrenchment is given.
Mar 14, 2024 · How to file a claim against your employer if you have been dismissed wrongfully. Either you or your employer can end an employment relationship by terminating the contract of service. Find out the guidelines for termination with or without notice and termination due to misconduct.
Apr 17, 2024 · A severance pay, also known as retrenchment benefits, is offered to an employee who’s been retrenched on the grounds of redundancy or reorganisation of the employer’s business. This may involve the employee being dismissed involuntarily, with the employer having no plans to fill the vacancy any time soon.
Apr 14, 2023 · What Does It Mean to be Retrenched, Laid-off or Made Redundant? “Retrenched”, “laid-off” or “made redundant” are all terms used to describe unemployment that are very similar and often used interchangeably. However, there are some differences between them.
