Can anyone confirm for Singapore, this round at x18, next round after next year capped at x12?
Moved this into a thread in hopes of getting some answers.
13 replies (most recent on top)
Nothing here in SG, all hearsay
Dun be surprised that is some HR manager / exec goal to cut expense due to layoffs and benefits.
Any updates?
By the end of this month?
Cost based cut.
Higher rank first.
Will see soon.
Yea
Coming?
don’t expect that much. I know HR will reduce this money by any reason
yup, MOM has been informed of next year 10% layoff with package capped at 12 months.. yup..
For those who doesn’t know what OP meant
It’s a calculation for retrenchment benefits in sgp
I yr service u get one month to a. Max if 18 months
I know nothing. Noth… ing! But yeah, gonna be a lot of job losses.
Sry noob here, but what do u mean by that x18 & x12?
Please share if you know something.