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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.
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.
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.
Read FAQs about retrenchment policies in Singapore, including retrenchment vs termination differences, retrenchment benefits, managing redundancies & more.
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.
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 1, 2019 · Employment legislation in Singapore - Legal information about notice periods, severance pay, summary dismissals, grounds for termination and more.
