MoneyDuck Experts
Waiting for your Request!
Forum
Last updated: 

What are the other alternatives to retrenchment?

Although I need to retrench some of my employees for the survival of the company, I also want to look for other alternatives. As an employer, I want employee retrenchment to be the last option or solution. What are the recommended alternatives for retrenchment and what are the other resources that I should consider?

User comments

  • user image

    No Name

    As an employer, you should consider redeployment and temporary layoff's as alternatives which is also recommended by Tripartite Advisory on Managing Excess Manpower and Responsible Retrenchment. You can redeploy employees within your company when the job scope is expanded or restructure. You can can also ask employees to stop coming to work for a short period with the following responsibilities: You must pay at least half of their gross salary and If they take annual leave on their laid off days, then you must pay them half-day pay for each day of annual leave taken. You can also implement a shorter work week. If you are an employee, you can visit NTUC and WSG for employment help. Employers canread on the reaserch done by the Ministry of Manpower on Managing Excess Manpower.

    2020.03.24 15:44

Please leave your knowledge and opinion!

Related Products

Related Forums

Will employees receive payment if the company shutdown?

The employer of those employees should receive a back payment because that will be like a credit or debt. The employer disregarded the feelings and opinions of the employees by just forcing them to leave and specifically, an unpaid leave. The employer technically owe money to those people. If ever the employees file a case, that company might get shutdown permanently.

How much do we get paid on a public holiday? Do we also get payed if the holiday falls on a weekday?

You are entitled to your gross rate of pay on a public holiday if you were not absent on the working day before or after a holiday without consent or you are on authorised leave. The Employment Act states that if a public holiday falls on a non-working day, you are entitled to another day off or one extra day's salary in lieu of the public holiday.

May I use personal money to lend my employee?

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.

As an employer, what can I do if my employees are evperiencing employment grievances?

As am employer, you can prevent misunderstanding from happening by adopting fair and responsible employment practices and treating your employees with respect. You can address your employees situation by providing proper grievance-handling procedures and informing employees that there are channels within the company that would help them resolve their issues.

What are the most in demand jobs in Singapore?

Service and sales workers have the highest vacancy rate in Singapore. As the population grows, more and more commercial services ar ein demand. Next in line are Associate Professionals and Technicians, and Cleaners, Laborers and retail staff. These combined make up 13,000 vacanciies in Singapore which gives many opportunities to those who are in need of work.

I want to work abroad, what are the opportunities that are waiting for me?

In Singapore, a lot people go there to seek jobs that is best in their field. Not every field in Singapore is needed. Singapore is only a small country but has a lot of job openings. Being an architect, is a one of the high paying jobs. You can seek for companies who hires architects and sends them to other countries for referrals. In Sinrapore, you must help each other. By working for a company there, you can be known for your work abroad.

Related Providers

Trending topics