Mandatory Retrenchment Notifications
The new requirement has kicked in for Mandatory Retrenchment Notifications on 1st November 2021. In order to stay compliant with the regulation we have consolidated the list of important points for you.
Process to submit notification
All Singapore registered business with at least 10 employees and have notify any employee of their retrenchment are required to notify Ministry of Manpower within 5 working days after employees are notified of their retrenchment.
Employers or company representatives are able to notify MOM through this link https://www.mom.gov.sg/eservices/services/notify-for-retrenchment-exercise. Do note that company Corppass account is required to log in to the portal. It will usually take 10 to 15 minutes to complete the notification.
List of documents required for the submission.
Company name and UEN
Company contact person details
Name of union (if company is unionised), and whether union was consulted
Number of employees on the date of submission of the retrenchment notification to MOM. This includes all employees, i.e. Singaporeans, PRs and foreigners.
Details of employees to be retrenched (i.e. name, NRIC or FIN, residential status, job title, date of effective retrenchment, date of notification of retrenchment to employees)
Payment of retrenchment benefit and quantum
Provision of employment facilitation assistance
Penalty for non-compliance
A penalty of up to $2000 per contravention can be imposed. Hence, we encourage all companies that fall under the above category to notify MOM in a timely manner.
We have put together some resources we think its helpful for you.
For assistance on employment facilitation services, companies can contact the following:
Workforce Singapore (WSG) www.wsg.gov.sg Phone: 6883 5885
Employment and Employability Institute (e2i) www.e2i.com.sg Phone: 6474 0606 Email: firstname.lastname@example.org
For further clarification on the mandatory retrenchment notifications, companies may approach MOM. Phone: 6438 5122
If you require any advisory, Contact us at email@example.com or +65 8010 1470.