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Apr 28, 2024 · Severance pay is the compensation and/or benefits an employer provides to an employee after employment is over. Severance packages may include extended benefits, such...
- Will Kenton
- 1 min
Apr 17, 2024 · Learn what severance pay is, how it is calculated, and what other entitlements you have as a retrenched employee in Singapore. Compare the severance packages offered by different companies and the legal guidelines for responsible retrenchment.
Learn how to tax retrenchment payments and retirement benefits in Singapore. Find out the tax exemptions, deductions and conditions for different types of lump sum payments to employees.
Apr 23, 2024 · Learn how to calculate, offer, and tax severance pay in Singapore, a compensation for employees who lose their jobs. Find out the factors, guidelines, and advantages of severance pay for employers and employees.
Sep 30, 2022 · Learn about the conditions for termination, notice periods, and severance pay in Singapore. Find out how to comply with local laws and avoid fines or disputes when hiring or firing employees.
Under the Employment Act, employees who have been with a company for at least two years are entitled to severance pay if their employment is terminated by the company. The amount of severance pay is based on the employee's length of service and salary.
Jan 23, 2024 · Learn what severance pay is, why companies offer it, how much is typical, and when you can negotiate for it. Find out how to handle severance agreements, releases, and legal claims in different situations.
