• Restructuring

Singapore mulls penalising firms dodging retrenchment payments

With redundancies rates on the rise, the city state is to review support mechanisms for laid-off staff

Singapore parliament
iStock.com/Roman Babakin
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Freya Gilbert
Deputy Editor

Singapore may start taking “administrative action” against employers unwilling to pay retrenchment benefits despite repeated warnings. 

For more on legislative change across the globe, see the IEL Monitor – IEL’s forward-looking tracking tool that covers developments in labour and employment law around the world.

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