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NTUC proposes framework on responsible retrenchment practices

Vivienne Tay

Vivienne Tay

Published Fri, Jul 24, 2020 · 09:50 PM
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Singapore

NATIONAL Trades Union Congress (NTUC) is proposing the Fair Retrenchment Framework (FRF) to further guide companies on responsible retrenchment practices, amid an uncertain economic outlook.

The FRF will complement existing tripartite advisory and guidelines on managing excess manpower and responsible retrenchment, NTUC said on Friday.

The framework will have three guiding principles. The first is for companies to implement fair selection criteria to ensure the "Singaporea…

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