How to retrench responsibly?

Lending money to your employees is allowed. It is like lending money to your family. But if you do not trust these persons, you can make an agreement with them so that you can have the right to acquire their possessions if they vanished after not paying. As the owner of the business you can also deduct that to their salaries.

You need to gather information on salaries, skill training, leaves of absence, holidays, hours, contracts, and much more. The Ministry of Manpower has a comprehensive list of employment resources to help you get an understanding of what working in Singapore will actually be like.These are useful information that you need to keep in mind when working in Singapre for you to be aware of your benefits and limitations

Accidents can happen anytime. It can be while you are at work, at home, or just standing. No one wants these things to happened. In this occasion, the employee of a company has been involved in an accident and damage something while he is working. The company that he is working for can pay the damage consumption that he made and the employee can make a report so that the damage will be compensated.

For common work arrangements, your contractual hours of work are as follows: If you work 5 days or less a week your contractu al hours of work are Up to 9 hours per day or 44 hours a week and if you work more than 5 days a week your contractual hours of work are up to 8 hours a day or 44 hours a week. For other work arrangements, your contractual hours of work are as follows: If youwork less than 44 hours every alternate week your contractual hours of work are up to 48 hours a week, but capped at 88 hours in any continuous 2-week period. If you work shifts of up to 12 hours a day your contractual hours of work are uto an average of 44 hours over a continuous 3-week period..Overtime work is all work in excess of the normal hours of work (excluding breaks).You can claim overtime if you are:a non-workman earning up to $2,600.or a workman earning up to $4,500.

Salary related disputes and employment disputes between the employee and employers are managed by the Tripartite Alliance for Dispute Management (ATDM). Employees and employers register their salary and dismissal related claims at the ATDM. A claim referal certificate to the Employment Claims Tribunal (ECT) will be issued if claims cannot be resolved through mediation.

Maintaining a company is a hard thing to do. If you have employees who uses the name of the company for illegal usage. You can file a case against them and accuse them with fraudulent. Fraudelent activity is one of the most common cases the government is trying to prevent. They are violating the law in the name of your company so you should fire them as quick as possible and fix the problem.