New guidelines for retrenching workers
Published Tue, May 24, 2016 · 03:40 PM
[SINGAPORE] Guidelines on how to manage excess manpower and retrench employees have been revised for the first time since 2009, according to a statement from the tripartite partners on Tuesday(May 24).
The new recommendations include shortening the length of service of those eligible for retrenchment from three to two years, as well as who to let go.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Economy & Policy
Daily Debrief: What Happened Today (Mar 28)
Competition watchdog names ex-director Alvin Koh as new CEO
Just a third of Singapore firms adopt at least three key cybersecurity measures: survey
Daily Debrief: What Happened Today (Mar 27)
Singapore’s factory output extends growth in February with 3.8% rise, beating estimates of 0.5%
Share of newly created job vacancies in Singapore at six-year high