Retrenched workers will get faster help and protection from the Government and labour bodies.
From January next year, employers who employ at least 10 employees are required to notify MOM if five or more employees are retrenched within a six-month period.
Also, they must inform the authorities within five working days whenever an employee receives notification of his retrenchment.
The new ruling was announced by Ministry of Manpower (MOM), said the ministry, National Trades Union Congress and Singapore National Employers Federation in a joint press today (Nov 25).
Failure to notify the authorities within a required timeline is an offence with penalties including a fine of up to $5,000.
Said the Manpower Ministry on its Facebook page: “These notifications will provide more complete and timely retrenchment information, to better assist retrenched local employees with alternative employment and relevant training.”
chenj@sph.com.sg
