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

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.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

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.
Fonte: straits_times - 🏆 5. / 69 Consulte Mais informação »