From 1 January 2017, Singapore employers who hire at least 10 workers must inform the Ministry of Manpower within five working days after issuing the retrenchment notice to the fifth employee if five or more are retrenched within any six-month period. Failure to notify within the required time frame is an offence and those convicted may be fined up to $5,000.
Singapore introduces mandatory retrenchment reporting
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- Topic: Economy & businessGovernance & politicsHealthWorkforce & employment
- Other Tags: GovernanceJobsPolicySoutheast AsiaWorkforce Health