My company is about to wind up. Am I entitled by law to be paid retrenchment benefits?

  • 📰 straits_times
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 69%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Can the company insist employees stay on until it winds up in order to get retrenchment payouts? Read more at straitstimes.com.

In this series, manpower reporter Tay Hong Yi offers practical answers to candid questions on navigating workplace challenges and getting ahead in your career. Get more tips by signing up to

Ms Goh adds that employees who resign after being notified of an impending retrenchment that will affect them, for which severance payment is promised, are arguably not entitled to such payments. The details of what the employer has promised will impact whether employees who resign ahead of their eventual retrenchment are entitled to a payout, Mr Reza says.A tripartite advisory on how companies should manage excess manpower and carry out retrenchment responsibly states that the prevailing norm is for employers to pay a retrenchment benefit amounting to between two weeks’ and a month’s salary for each year of service.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 5. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

China’s tobacco industry hit by big clean-up but major changes unlikely, say analystsThe graft investigations have revealed how business and power are intertwined in a controversial part of China’s economy. Read more at straitstimes.com.
مصدر: straits_times - 🏆 5. / 69 اقرأ أكثر »