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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 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.
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.
Read FAQs about retrenchment policies in Singapore, including retrenchment vs termination differences, retrenchment benefits, managing redundancies & more.
Nov 27, 2022 · Does your employer need to pay severance? Does being unionised help? CNA answers your questions on being laid off in Singapore.
Mar 14, 2024 · What is termination. Who can terminate a contract and overview of your options during termination. Termination with notice. Includes notice period, leave during the notice period, offsetting notice and CPF during notice. Termination without notice. When termination without notice can happen and salary in lieu. Termination due to employee misconduct
Apr 1, 2019 · Employment legislation in Singapore - Legal information about notice periods, severance pay, summary dismissals, grounds for termination and more.
