Mandatory retrenchment notifications in effect 1 January

The Ministry of Manpower issues advisory making retrenchment notifications mandatory beginning next year

The Ministry of Manpower (MOM) recently issued an advisory that makes retrenchment notifications to the government agency mandatory beginning 1 January 2017.

Under the Workforce Singapore Agency Act, companies employing 10 or more employees are required to report retrenchment exercises to MOM five days after affected employees have been notified, if five or more employees are retrenched within a six-month period.

Failure to do so is considered an offence and companies found guilty are liable to fines not exceeding $5,000 among other penalties.

MOM defined retrenchments as “dismissal on the ground of redundancy or by reason of any reorganisation of the employer’s profession, business, trade or work” and covers permanent employees and contract workers with full contracts of at least six months. 

“These notifications will provide more complete and timely retrenchment information, to better enable Workforce Singapore (WSG) and the Taskforce for Responsible Retrenchment and Employment Facilitation to assist retrenched local employees find alternative employment and relevant training to enhance their employability,” said MOM in their statement.

“Briefings are available for employers to familiarise themselves with the new requirement. Employers can indicate their interest with the Tripartite Alliance for Fair and Progressive Employment Practices (TAFEP) at [email protected],” they added.
 

 

Recent articles & video

Fatal, major injuries for workplaces reach new low in Singapore

Betrayal: Employer accuses ex-manager of establishing rival agency during tenure

UOB training frontline staff on dealing with cyber scams

Decision issued in first indictment case of South Korea’s Serious Accidents Punishment Act

Most Read Articles

More than half of Singapore's workers struggle with trust in workplace relationships

What are Singapore employers planning for salary increases in 2024?

Is HR your biggest risk to data loss?