Do I need to show proof of my financial position (e.g. to employees or MOM) to determine if the retrenchment benefit provided is reasonable?

Question

Accepted Answer

If there are disputes, you should be prepared to provide relevant information, as appropriate, to show that your retrenchment practices adhere to the tripartite advisories.

Do I need to show proof of my financial position (e.g. to employees or MOM) to determine if the retrenchment benefit provided is reasonable?

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