Why is MOM changing the requirements for mandatory retrenchment notification?
This enables Workforce Singapore (WSG), the tripartite partners – the Ministry of Manpower, the National Trades Union Congress (NTUC) and the Singapore National Employers Federation (SNEF) – and other relevant agencies to support affected employees with employment and job search support in a more timely manner.
The updated requirement also removes the need for employers to track the cumulative number of retrenched employees within a certain period, to ascertain if they need to file the mandatory retrenchment notification.
This information is sourced from MOM
Related questions
If an employer informs that there will be a retrenchment exercise, but has not yet identified specific employees, does the employer need to notify MOM?
Do I need to notify MOM if I implement cost-saving measures?
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?
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