If my employer’s company is closing down, am I entitled to any compensation?
As the amount of retrenchment benefits is not set by law, you should check your employment contract or collective agreement (for unionised companies) for retrenchment benefits or compensation.
If you are facing retrenchment and need support, you can access WSG’s career services for job matching and guidance.
This information is sourced from MOM
Related questions
Can my company terminate my employment contract without paying any retrenchment benefit? Is it compulsory for employers to pay retrenchment benefit?
What should I do if I did not receive retrenchment benefit from my company?
Are employees who have worked less than 2 years eligible for retrenchment benefit?
One of the employees being retrenched is pregnant. Is she entitled to maternity and retrenchment benefits?
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