COVID-19 has seriously affected businesses resulting in a need to implement employment related cost-cutting measures. The National Wage Council’s 2020/2021 Guidelines ("NWC Guidelines") on wage and employment issues were accepted by the government on 30 March 2020. The NWC Guidelines provide guidance to employers on implementing cost cutting measures. The MOM has also issued a "Guide on Second Job Arrangements for Employees with Reduced Work Hours" ("MOM Guide"). Employers should take note of the NWC Guidelines, the MOM Guide and the existing (recently amended) Tripartite Advisory on Managing Excess Manpower and Responsible Retrenchment when considering employment related cost-cutting measures.
Read the "National Wages Council 2020/2021 Guidelines" here.
Read the "Guide on second job arrangements for employees with reduced work hours in response to COVID-19" here.
Read the "Tripartite Advisory on Managing Excess Manpower and Responsible Retrenchment" here.
If you would like information on this or any other area of law, you may wish to contact the Partner at WongPartnership whom you normally work with or any of the following Partners:
Vivien YUI
Joint Head – Employment
d +65 6416 8009
e vivien.yui@wongpartnership.com
Click here to view Vivien's CV.
Jenny TSIN
Joint Head – Employment
d +65 6416 8110
e jenny.tsin@wongpartnership.com
Click here to view Jenny's CV.