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24-05-2016, 08:30 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
Last month in Parliament, Manpower Minister Lim Swee Say said that nine in ten companies retrenching employees in Singapore had the "standard practice" of paying retrenchment benefits.
However, he stopped short of supporting compulsory retrenchment benefits, saying that the tripartite partners agree it is important to allow for the “flexibility to negotiate … rather than prescribing it in the law”.
http://www.channelnewsasia.com/news/...s/2812082.html (http://www.channelnewsasia.com/news/singapore/tripartite-partners/2812082.html)
Click here to view the whole thread at www.sammyboy.com (http://singsupplies.com/showthread.php?230077-lim-swee-say-says-there-is-no-need-for-retrenchment-benefits&goto=newpost).
Last month in Parliament, Manpower Minister Lim Swee Say said that nine in ten companies retrenching employees in Singapore had the "standard practice" of paying retrenchment benefits.
However, he stopped short of supporting compulsory retrenchment benefits, saying that the tripartite partners agree it is important to allow for the “flexibility to negotiate … rather than prescribing it in the law”.
http://www.channelnewsasia.com/news/...s/2812082.html (http://www.channelnewsasia.com/news/singapore/tripartite-partners/2812082.html)
Click here to view the whole thread at www.sammyboy.com (http://singsupplies.com/showthread.php?230077-lim-swee-say-says-there-is-no-need-for-retrenchment-benefits&goto=newpost).