Get Retrenchment / Redundancy Notification Form

If you fail to pay redundancy pay or if an employee disagrees with the amount, they have 3 months from the date their employment ended to make a claim for payment to an employment tribunal. If an employee does not claim in time, a tribunal still has 6 months to decide whether or not they should get a payment.

Is it compulsory for employers to pay retrenchment benefit? ... While retrenchment benefit is not mandated by law, MOM strongly encourages employers to adhere to the advisories, including to provide retrenchment benefit to help affected employees while they search for employment.

You can simply end with a one sentence send off and then start to call those who are impacted by the event. Here's an example: We appreciate all of the good work you have done during your employment. That should conclude your layoff notice letter.

Amount of compensation If there is no provision, it will have to be negotiated between the employees (or their union) and the employer. The prevailing norm is to pay a retrenchment benefit of between 2 weeks to 1 month salary per year of service, depending on the company's financial position and the industry.

Notify the employee of their termination date. ... State the reason(s) for termination. ... Explain their compensation and benefits going forward. ... Notify them of any company property they must return. ... Remind them of signed agreements. ... Include HR contact information.

In Singapore, all employees who have been with the company for at least 2 years are eligible for severance pay. The amount of retrenchment benefit is not dictated, but the prevailing norm is to pay between 2 weeks to 1 month's salary for each year of service, according to the Ministry of Manpower (MOM).

Add the employee name, ID number, position, and department. Add the name of manager or supervisor handling the layoff. Include any severance, benefits, and compensation the employee is entitled to. Detail any company property employee is expected to return.

Confidentiality rules following termination. Date of employee's termination. Agreement from both parties in the form of a signature. Details about how long the employee will continue to have access to benefits. Rules indemnifying the employer from any further claims.

A standard letter to be sent to elected employee representatives or representatives of a recognised trade union explaining their roles and duties where there are proposed collective redundancies and the duty to consult under section 188 of the Trade Union and Labour Relations (Consolidation) Act 1992 arises.