Who are lucky guys getting $200k-300k severance package this Thursday?
5542 replies (most recent on top)
How many percent of employees will fall into PIP?
@8cff watch this space on Thursday 🎊😃
Any latest news?
@8c82 relax bro, clearly that person is just curious ma, I dont think anyone here will spill names to get him or herself into trouble. Take it easy and let it flow man, we are all on the same boat.
@8c82+16zEvLP3 (JUST GOOGLE IT, IT IS NOT ROCKET SCIENCE TO FIGURE OUT RETRENCHMENT)
July 30, 2025
Retrenchment in Singapore: What You Need to Know About Notice Periods and Compensation
As business priorities evolve, retrenchment has become increasingly common. Here’s what workers in Singapore should understand about their rights, notice periods, and compensation when facing job loss.
As businesses respond to changing market demands and digital transformation, restructuring has become more common. For some employees, this has led to the challenging experience of retrenchment.
If you’re facing retrenchment, it’s natural to have many questions: Why did this happen? What am I entitled to? Do I still need to serve my notice period? Understanding your rights during this time can give you the clarity and confidence to move forward.
What is a retrenchment letter?
A retrenchment letter formally notifies you that your position is being made redundant. It includes essential information such as your last day of work and the components of your compensation package.
This letter can also be helpful for future job applications, claims for government support, or resolving any post-employment queries, such as confidentiality obligations or non-compete clauses.
How is retrenchment compensation calculated in Singapore?
Under Singapore’s Ministry of Manpower (MOM) guidelines, employees who have served at least two years are typically eligible for retrenchment benefits. While there’s no mandated sum, the payout should follow what’s stated in your employment contract or what’s mutually agreed during the announcement.
According to MOM’s guidelines, most employers offer between two weeks and one month of salary for every year of service. A typical retrenchment package includes:
Salary up to your last day
Payment for unused annual leave
Retrenchment benefit based on tenure
Pro-rated bonuses or AWS
Any other contractual payments
Example:
Monthly salary: $8,000
Years of service: 5
Unused leave: 10 days
Retrenchment benefit: $40,000 (one month per year)
Leave encashment: $3,692.30
Final payout: Approximately $51,692.30
What happens to your notice period after retrenchment?
A common concern is whether employees must continue working during their notice period after being retrenched. While there’s no legal obligation, companies may offer different options.
- Payment in lieu of notice
Most employers in Singapore offer compensation instead of requiring employees to serve their notice. This approach allows for a quicker and smoother transition out of the role, while maintaining mutual respect and dignity.
Payment in lieu includes your salary for the notice period, and is taxable but not subject to employer CPF contributions. Many companies prefer this method to help employees avoid discomfort in the workplace.
Garden leave
Garden leave allows you to stay officially employed (and paid) while being released from active duties. You remain bound by your contract, including clauses that restrict you from starting work at another company during the period. This is common for senior roles, or positions that involve working with sensitive or proprietary informationExtended notice periods
Some employers may request that you continue working through your notice period, especially if you are handling ongoing projects.
While this isn’t mandatory, seeing projects through to the end can help you showcase your dedication and outcomes on your resume. It also helps you to preserve goodwill with your employer, which can help you secure a positive professional reference.
Need personalised guidance in your job search? Register for a complimentary session with WSG’s Career Matching Services today and get the support you need.
What to consider when deciding your notice period
It’s best to discuss and align on your last day with your employer. Here are some steps you can take:
Take time to understand the retrenchment terms and clarify anything you’re unsure of.
Review your employment contract thoroughly and keep a record of all communications and documents.
Schedule a follow-up with HR to clarify any remaining questions, such as your eligibility for career counselling, insurance coverage, or other support services.
While some employees may feel compelled to serve their notice period out of loyalty, it’s essential to consider your personal well-being and your ability to move forward meaningfully. Choosing to leave an environment that is stressful or uncomfortable immediately can be more beneficial than completing your notice period.
Step forward with clarity and confidence
Retrenchment can be a setback, but it could also be the push you need to meaningfully plan your next career move. If finances are your primary concern, support is available. If your job loss was involuntary and you earned $5,000 or less a month on average in the last 12 months, you may be eligible for the SkillsFuture Jobseeker Support Scheme. It offers temporary financial payouts of up to $6,000 over six months to help tide you through this transition.
https://content.mycareersfuture.gov.sg/retrenchment-notice-periods-compensation/#:~:text=Under%20Singapore%E2%80%99s%20Ministry%20of%20Manpower%20%28MOM%29%20guidelines%2C%20employees,contract%20or%20what%E2%80%99s%20mutually%20agreed%20during%20the%20announcement.
sound so boomer with all the hearsay from this or that without naming who is the higher up or which level of the higher up. Talking about senior engineer in different functions to fight with each other, fight up club ar?
So obvious you are trying to phish information or just trolling when you talk about package or downgraded work. You clearly forget about nsi/pip
It's either you are stirring or just a broken radio, fossil from your glory days.
I heard from higher up that the senior level engineers will need to compete with other senior engineer to become the overall senior engineer for the integrated functions model. What will happen to the seniors engineer which lose the battle? Will be they downgraded in terms of their title and doing working level stuff or will they be given the package?
@8az7 although writing by a troll. They always use this to escape the gallow… we should really stop this WIN nonsense.
hbf people can also do plant jobs better than engineers. They should be included to fight for the available jobs.
We should expect that a minimum of 25% of the technical, engineering, and management seats to disappear from the integrated Singapore refinery and petrochemical plant organizational chart.
Who’s Johnny sin?
All Technical and Engineering SLS has to fight for AET position. How many BUs across SGCX in future, 7?
25 folks will compete for 7 AET seats.
CL26/27 engineers may go to Shared group, but how many will be axed?
Based on the engagement yesterday it means T and E will merge, does that mean no T-lead/SLS role? Working level report to the asset lead?
It’s official many plant people will be fired they useles
Getting closer, any one got any update?
So did Johnny remove the post?
@8bp3 The virtual card can it be used to buy gold or crypto?
@8bnw the virtual card seems to be the best option since most are in blocks of $50 ≈ 40+ points. Add to Apple Pay use on 11/11 sale :)
Like the chemical aromatics technical team? Technical team but not very strong technically. Very good at confusing people however
Divert a little.. 100 points for…
Prepaid Virtual Card? Sgd125?
Lazada RedMart voucher for $120?
Which is more worthwhile?
Most important is free adidas polo
@8bg9 , I really pray the entire technical team could be sent off from the entire SGCX. You guys can be a pain in the a-s for the operations. It’s like those Lieutenants in the army trying to teach and command enciks on what to do.
don't cut them old people, let them retire with pride and whatever they look back in the older days
@8bgw JB condo?
Sour cb 🤣
good job guys
the best deal is cut all the worker bees, replace them with the sls since they did well in the younger days
@8bgt 😂😂😂 sour simi. The fact that you need to bootlick your way into management says it all. I’m not a manager but I got 2 condos fully paid in my 30s.
@8bgs so sour. Cannot make it to management track eat super lemon. Not constructive at all
@8bg9 truth hurts eh. It’s true what go around sourcing for ideas claim as your own then inflate the margins. Execution ask the SMEs to do for you 😂😂 Technical in a nutshell.
@8bg7 Agree on this. Some on management track only know how to assign, not having capability to guide. Worse - some people don’t have any idea on how complex things can be, what effort is required, and which crafts are needed.
@8bg7 you must have posted at least 50 messages here. Always the same writing style, talking like the resident kopitiam uncle trying to sound logical, with endless complaints about management knowing doing nothing, yet hoping management do the right thing and remove management. Sh-t stirrer spreads hate
Btw some of us technical want to get package and go.
Hope that mgmt makes the right decisions and remove the leeches that is leading to the demise of SG. There should not be management vs technical track.
Pple on so called management track spent years with no knowledge leeching on the work of others and claim it as their own, rewarded in the process. The worst part is they are brought up to think this is the correct way, all they have to do is spend their time asking others to do work but contribute none.
Employees impacted by this redundancy exercise will receive support and a severance package that includes:
• One month of salary for each year of service, capped at 12 months
• A payment based on the number of months remaining until retirement for employees close to retirement
• Access to outplacement services and job transition support
/s
anyone has any update with the layoff? be it from PMTE or HBF
nice try, i guess you are either a troll or just a foreign alien trying to discord. Just move on dude
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The prevailing norm is to pay a retrenchment benefit of between 2 weeks to 1 month salary per year of service, depending on the company’s financial position and the industry.
In unionised companies where the amount of retrenchment benefit is stated in the collective agreement, the norm is 1 month’s salary for each year of service.
"
I also heard it was 1 week per year of service capped at 30 years
@8b3j I heard it's 2 months per year of service capped at 25
anyone heard anything about the package? rumors has it that is 0.6 month per yr of service and capped at 12yr.. will it happen?
Traditionally all top management jobs must be worked from bottom up. Only the CFO was parachuted from outside. Reason is current CFO is very experienced with cost cutting. Just like Citibank Jane Fraser, they are great minds who think alike. Good luck with your numbers!