Singapore Minister Responds to NTUC Proposal on Retrenchment Notifications and Benefits

Singapore's Manpower Minister Tan See Leng responded to an NTUC proposal, stating that advance retrenchment notifications might discourage job-saving talks and higher benefits could risk more jobs for financially struggling firms.

3 Mar, 10:05 — 3 Mar, 10:05

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channel-news-asiaMostly Factual179d ago

Advance retrenchment notifications may discourage talks to save jobs: Tan See Leng responds to NTUC proposal

Requiring larger companies to pay higher retrenchment benefits may also put more jobs at risk if the firm is in financial difficulty, said the manpower minister.

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Singapore Minister Responds to NTUC Proposal on Retrenchment Notifications and Benefits

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Advance retrenchment notifications may discourage talks to save jobs: Tan See Leng responds to NTUC proposal

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