What happens if we want to retrench a few staff due to excess of employees? 1)1) How many month we have to pay them? 2) Is there any thing else without the compensation pay?
From Malaysia, Kuala Lumpur
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4From Malaysia, Kuala Lumpur
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Dear All,
What happens is we want to retrench a few staff due to an excess of employees?
1) How many months do we have to pay them?
2) Is there anything else without the compensation pay?
Regards,
ZT
Faizati,
Retrenchment of employees can be a problematic issue.
1. You need to justify why your company needs to retrench those employees (e.g., Overstaffing, Downsizing, Poor Business, etc.).
2. How do you select employees to be retrenched?
3. The retrenchment conditions and compensation amount should have been included in the company's handbook.
4. To avoid complications and comply with local labor law, it is always advisable to seek advice before taking any action.
From Malaysia, Kuala Lumpur
Acknowledge(0)Amend(0)
What happens is we want to retrench a few staff due to an excess of employees?
1) How many months do we have to pay them?
2) Is there anything else without the compensation pay?
Regards,
ZT
Faizati,
Retrenchment of employees can be a problematic issue.
1. You need to justify why your company needs to retrench those employees (e.g., Overstaffing, Downsizing, Poor Business, etc.).
2. How do you select employees to be retrenched?
3. The retrenchment conditions and compensation amount should have been included in the company's handbook.
4. To avoid complications and comply with local labor law, it is always advisable to seek advice before taking any action.
From Malaysia, Kuala Lumpur
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