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Humbled Carrefour bids adieu to S'pore market

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Zelphon Offline

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Posts: 241
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#11

31-08-2012, 09:25 AM

(31-08-2012, 09:10 AM)snowcap Wrote:
(30-08-2012, 08:52 PM)pianist Wrote: how did u know they get 1 month for 1 year of service?
I think this is market practice - MOM may also have some guideline for "fair" retrenchment practices. I recall a friend was terminated "unfairly" and complained to MOM - in the end MOM got the company to pay "1 month per year of service".

In 2008, my company (A BIG US MNC) conducted a retrencement exercise..
1 months severance pay for each years of service BUT CAPPED AT 6 MONTHS !!!!!!

MOM does not interfere so long as the company pays severance package..
The devil lies in the details...

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Messages In This Thread

Humbled Carrefour bids adieu to S'pore market - by pianist - 29-08-2012, 11:19 PM

RE: Humbled Carrefour bids adieu to S'pore market - by wsreader - 30-08-2012, 09:45 AM

RE: Humbled Carrefour bids adieu to S'pore market - by sgd - 30-08-2012, 10:18 AM

RE: Humbled Carrefour bids adieu to S'pore market - by pianist - 30-08-2012, 08:52 PM

RE: Humbled Carrefour bids adieu to S'pore market - by snowcap - 31-08-2012, 09:10 AM

RE: Humbled Carrefour bids adieu to S'pore market - by Zelphon - 31-08-2012, 09:25 AM

RE: Humbled Carrefour bids adieu to S'pore market - by sgd - 31-08-2012, 09:55 AM

RE: Humbled Carrefour bids adieu to S'pore market - by snowcap - 30-08-2012, 05:09 PM

RE: Humbled Carrefour bids adieu to S'pore market - by wsreader - 30-08-2012, 05:20 PM

RE: Humbled Carrefour bids adieu to S'pore market - by godjira1 - 30-08-2012, 05:24 PM

RE: Humbled Carrefour bids adieu to S'pore market - by snowcap - 30-08-2012, 05:46 PM

RE: Humbled Carrefour bids adieu to S'pore market - by KopiKat - 30-08-2012, 06:15 PM

RE: Humbled Carrefour bids adieu to S'pore market - by d.o.g. - 31-08-2012, 11:19 AM

RE: Humbled Carrefour bids adieu to S'pore market - by sgd - 31-08-2012, 11:33 AM

RE: Humbled Carrefour bids adieu to S'pore market - by d.o.g. - 31-08-2012, 12:25 PM

RE: Humbled Carrefour bids adieu to S'pore market - by sgd - 31-08-2012, 01:30 PM

RE: Humbled Carrefour bids adieu to S'pore market - by KopiKat - 31-08-2012, 01:20 PM

RE: Humbled Carrefour bids adieu to S'pore market - by pianist - 31-08-2012, 10:40 PM

RE: Humbled Carrefour bids adieu to S'pore market - by KopiKat - 01-09-2012, 12:28 AM

RE: Humbled Carrefour bids adieu to S'pore market - by WolfT - 01-09-2012, 12:11 AM

RE: Humbled Carrefour bids adieu to S'pore market - by Jared Seah - 01-09-2012, 11:36 AM

RE: Humbled Carrefour bids adieu to S'pore market - by corydorus - 01-09-2012, 01:07 PM

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