SAA … SPH Digital News / Copyright © 2020 Singapore Press Holdings Ltd. Co. Regn. SEVEN in 10 retrenched workers who were helped by a dedicated taskforce last year were able to find jobs within six months. Outstanding leave to be paid out. SIA had also arranged for on-site counsellors and medical staff, and granted transportation for employees to and from their homes. Indeed, SIA already warned shareholders that it expects to see further hedging losses. This article is now fully available for you, Please verify your e-mail to read this subscriber-only article in full. About us Careers Feedback Share your views @ Reach … Answered 9h ago. SIA CEO Goh Choon Phong Pens Email Explaining Retrenchments. SINGAPORE – Retrenched Singapore Airlines (SIA) staff who started receiving their pink slips from Monday (Sept 14) have been told that they will continue to receive their salary until Dec 15 this year, The Straits Times has learnt. According to the Straits Times, SIA’s retrenchment exercise started yesterday (September 14). Employers must notify MOM of retrenchments within 5 working days after they notify their employees. Follow . ""The terms of the release package were explained individually to each affected staff. Mon, Sep 14, 2020 - 8:48 PM [SINGAPORE] Retrenched Singapore Airlines (SIA) staff who started receiving their pink slips from Monday (Sept 14) have been told that they will continue to receive their salary until Dec 15 this year, The Straits Times has learnt. This report will review the undertaken social impact assessment (SIA) that will aid in the identification of the benefits and impacts arising from the project. Colleagues gathered for “one last drink” as they waited to see who got the cut. October 2, 2020. This can be up to three months' salary. For foreign staff affected, arrangements will be made and sufficient time given for those who are currently overseas to return to Singapore to settle their affairs here. About 2,400 staff will be retrenched, while the remaining 1,900 roles will be accounted for through natural attrition, a recruitment freeze and voluntary-departure schemes. Among other things, affected staff will continue to be covered for hospitalisation and surgical expenses till March 31, 2021, and where required, given repatriation support. SINGAPORE – Singapore’s aviation industry icons, Singapore Airlines (SIA) and Changi Airport Group (CAG), are weathering an unprecedented crisis caused by Covid-19. Get unlimited access to all stories at $0.99/month for the first 3 months. More cases of disguised retrenchments – workers getting laid off without their employers treating it as a retrenchment to avoid paying a fair package – are surfacing. The words of downsizing and retrenchment are used interchangeably. You can read this subscriber-only article in full, All done! Get The Straits Times app and receive breaking news alerts and more. You can read this subscriber-only article in full, All done! Then, multiply this pay rate by the number of weeks. In so doing, it can guide future research on the causal determinants of successful welfare state retrenchment. Retrenchment is only hurting ordinary workers, nothing to do with the pockets and lavish lifestyles of the board and C-suite. Added the Scoot spokesman: "We are committed to ensuring they are provided with appropriate support and resources, and have arranged for professional counsellors and a repatriation and relocation consultant to be present at the exercise. Get The Straits Times app and receive breaking news alerts and more. Who is eligible. They will also retain their medical and other benefits until then. Still Think NTUC And PAP Is Bad, Oppies? On Thursday, SIA announced that it would cut about 20 per cent of its staff strength, or 4,300 positions, amid the Covid-19 pandemic that has paralysed the air travel sector. Retrenchment or downsizing can happen when the business no longer requires the same number of employees it used to because the functions of the employee have either ceased or diminished to a significant extent. After the deadline, only the retrenchment package will apply. Wright State University plans to begin the retrenchment process that will result in workforce reductions. SIA crew recount 'sad day' when airline announced retrenchment exercise. SIA has also provided additional assistance, where possible and necessary. This includes a comprehensive set of support initiatives, for example, extended in-patient medical coverage for up to a year following retrenchment, professional outplacement services, and a learning subsidy, where applicable,” she said. Goh Choon Phong said their “immediate focus” is to manage costs and work on transforming the organisation. No. SIA kicks off retrenchment exercise; affected staff told they will be paid until Dec 15. When the employee enters into an agreement with his/her employer to be retrenched, not to claim unfair dismissal and not to claim additional pay, in return for payment of a retrenchment package which includes his/her severance pay, leave, other pay s/he is legally entitled and additional benefits. Asked about retrenchment benefits, SIA's spokesman said: "Discussions have begun with our Singapore-based unions. The National Trades Union Congress (NTUC) said it could not respond to queries on the number of union members affected and the retrenchment packages its unions are seeking, citing sensitivities. Download from the Apple App Store or Google Play Store now. SPH Digital News / Copyright © 2020 Singapore Press Holdings Ltd. Co. Regn. "Magpadayon ang HCDC. Union members were … In the regrettable event that retrenchment is unavoidable, the company must send the employee a Notification of Retrenchment. SINGAPORE, Nov 27 — HDT Singapore Holdings (HDT) is shutting down its electric taxi business due to the “prolonged debilitating impact” of the Covid-19 pandemic, resulting in the retrenchment of 90 taxi drivers and four administrative staff … slash about 20 per cent or 4,300 positions, 2,400 SIA staff affected by job cuts amid Covid-19 fallout, Coronavirus: SIA offers cabin crew early retirement and release as part of further cost-cutting measures, 6,000 SIA Group staff take no-pay leave, so firm can cope with crisis due to Covid-19 pandemic, SIA faces hard choices, sooner rather than later, 5 new Covid-19 cases in S'pore, with 1 in the community, Americans should brace for 'surge upon surge' of coronavirus, US experts warn, Baseless Covid-19 cure-alls rampant in Malaysia despite authorities' warning, South Korea decides against tightening Covid-19 rules despite third wave, Infected after holiday to Europe, pregnant S'pore mum gives birth to baby with Covid-19 antibodies, Anger grows at Hong Kong's erratic Covid-19 rules as cases mount, More Covid-19 cases may emerge from Seoul Garden dinner but major cluster unlikely, Nations firm up on strategies for Covid-19 vaccination. And it’s unclear if and when the companies, both synonymous with the city-state’s role as a transit hub, will regain their past heights. SINGAPORE - Retrenched Singapore Airlines (SIA) staff will receive one month of pay for every year of service, capped at 25 months, The Straits Times has … Each affected employee will also be paid in lieu of the notice period in their employment contract. "We have made it clear to our staff that some degree of retrenchment cannot be avoided," an SIA spokesman said. Said its spokesman: "Scoot will notify our affected employees and provide them with more information on the arrangements progressively from today across the next few days.". You have reached your limit of subscriber-only articles this month. Grand Master. SIA also arranged for on-site counsellors and medical staff, and provided transport to and from their homes." 2. Massive retrenchment from SIA. Retrenchment is the dismissal of employees who have become surplus to the needs of the organisation. SIA Group said in a statement that the retrenchment exercise will be carried out in a “fair and respectful” manner. Until we resolve the issues, subscribers need not log in to access ST Digital articles. The aviation industry is currently still reeling from the impact of Covid-19, and Singapore Airlines (SIA) is no exception — they announced that they’re letting go of about 2,400 more staff on Monday (14 Sep).. Said its spokesman: "Scoot will notify our affected employees and provide them with more information on the arrangements progressively from today across the next few days.". Evidence builds that an early mutation made the Covid-19 pandemic harder to stop. SIA promised to give “sufficient time” for affected employees to settle their “personal affairs” in their current locations before helping to make arrangements to return to their home countries. We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. "In the meantime, a special early retirement package has been offered to certain staff with at least 25 years'' service, if they wish to take advantage of it," the spokesman said. Reducing redundancy pay "Scoot also arranged for transport home for the affected staff by taxi or private hire vehicle services after the exercise, and plans to publish an alumni talent directory to connect departing employees with potential employers.". The Straits Times also understands that the Air Line Pilots Association - Singapore has requested a meeting with the Ministry of Manpower next week, although it is not clear what will be discussed. But a log-in is still required for our PDFs. They say that those who took voluntary severance have not received their retrenchment packages. 198402868E. SIA also arranged for counsellors, medical staff, and members of its unions to be present to provide support. They don't agree that a voluntary retrenchment package isn't a ‘severance benefit’. AsiaOne - SINGAPORE - Retrenched Singapore Airlines (SIA) staff will receive one month of pay for every year of service, capped at 25 months, The Straits Times has learnt. As for the parent national carrier, the retrenchment exercise will start on Monday. The aviation industry is currently still reeling from the impact of Covid-19, and Singapore Airlines (SIA) is no exception — they announced that they’re letting go of about 2,400 more staff on Monday (14 Sep).. Saga Seafood made the announcement that the retrenched employees will also be paid two days of accrued leave per month. The gift link for this subscriber-only article has expired. A severance agreement attorney will be able to review the circumstances of your termination or resignation from your company to help you understand whether you have any viable legal claims that could allow you to ask for a greater amount in severance pay. SIA kicks off retrenchment exercise; affected staff told they will be paid until Dec 15. The retrenchment exercise - which affects about 2,400 staff - is being conducted at the SIA Training Centre, near Changi Airport, for Singapore-based staff. Being a MISA member, also entitles the employee to a retrenchment benefit, a once-off payment subject to certain criteria. The Straits Times also understands that the Air Line Pilots Association - Singapore has requested for a meeting with the Ministry of Manpower next week, although it is not clear what will be discussed. Gretchen McNamara, a senior lecturer of music and union executive committee member, explores her torn feelings about simultaneously advocating for the university and calling out its leadership. Notice pay SAA employees who took VSPs are still waiting for retrenchment packages (News) ... financial straits, having in most cases not received salaries for five months. Answers (1) Sort By . Those with less than 2 years’ service could be granted an ex-gratia payment out of goodwill. This article is now fully available for you, Please verify your e-mail to read this subscriber-only article in full. They can read the article in full after signing up for a free account. SIA is working closely with them to finalise the arrangements for those who are affected so as to minimise the stress and anxiety on our people.". Loyal. Affected staff have started to receive e-mails informing them of allocated dates for briefings, which will be conducted either physically at the SIA Training Centre or over the phone if the staff member is currently overseas. The retrenchment exercise – which affects about 2,400 staff – is being conducted at the SIA Training Center, near Changi Airport, for Singapore-based staff. If you have 3 directives, you can add the new one each month, but you can also apply for only one Directive, and include the Total Retrenchment amount to be paid. However, retrenchment does not include termination of contract due to other reasons such as illegality or frustration or dismissal on the ground of misconduct (Ayadurai, 1998). Following the announcement, Transport Minister Ong Ye Kung took to his Facebook noting that the Government has rolled out support measures – such as the SINGAPORE - Retrenched Singapore Airlines (SIA) staff will receive one month of pay for every year of service, capped at 25 months, The Straits Times has learnt. Massive retrenchment from SIA. SIA has initiated the retrenchment exercise as a last step in response to the current operating environment, following earlier moves to stringently manage costs. If you worked for the company for 10 years, then you would get $7,500 in severance. This retrenchment will come into full effect when SilkAir transfers its existing services to Scoot, the budget arm of SIA. However, the main legislation governing this And if they did when situations are stabilized these staff will be the first 2 be hired back on top of the retrenchment package they have received... and also sia is not the only passenger airlines in the market...so your point being? As for the parent national carrier, the retrenchment exercise will start on Monday. No. When you get retrenched you can choose to withdraw your provident fund or put it in a preservation fund or transfer it to a retirement annuity. Remember MISA is just a phone call away! READ MORE: SIA Group to slash about 4,300 jobs. Last month, SIA Group announced its decision to lay-off 4,300 positions across its airlines – Singapore Airlines, SilkAir and Scoot – as losses mounted (‘Massive layoffs at Singapore Airlines‘, 10 Sep). Evidence builds that an early mutation made the Covid-19 pandemic harder to stop. An SIA spokesman mentioned that they discussing retrenchment benefits with Singapore-based unions. Scoot, the group's budget arm, started handing out pink slips to retrenched staff on Friday (Sept 11), with details on compensation packages. Can I get infected with Covid-19 from touching a contaminated surface? Retrenched Singapore Airlines (SIA) staff will receive one month of pay for every year of service, capped at 25 months, The Straits Times has learnt. Amount of compensation . He also confirmed that employees must inform the school via letter or email of their chosen package on or before November 25. Last month, SIA Group announced its decision to lay-off 4,300 positions across its airlines – Singapore Airlines, SilkAir and Scoot – as losses mounted (‘Massive layoffs at Singapore Airlines‘, 10 Sep). This can be up to three months' salary. This is provided they have been in service for two years or more. What’s more, the employer must state, in writing, the reasons for the retrenchment; why the alternatives that were discussed in the consultation aren’t feasible; how many employees will be affected; and how they were selected. Affected employees will receive compensation on terms that have been negotiated and agreed with the union in the collective agreement, she said. The retrenchment exercise – which affects about 2,400 staff – is being conducted at the SIA Training Center, near Changi Airport, for Singapore-based staff. Get unlimited access to all stories at $0.99/month for the first 3 months. The Singapore Airlines (SIA) Group yesterday announced the decision to cut around 4,300 positions across its airlines. The spokesman said: "Our colleagues who are still in Singapore will also be given sufficient time to settle their personal affairs before returning to their home countries.". WALVIS BAY – The 210 employees of the Saga and Geysir trawlers, who were retrenched earlier this month, will receive a month and a half’s salary, severance pay of 1.5 weeks as well as a bonus of N$10 000. We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused. SIA crew recount ‘sad day’ when airline announced retrenchment exercise. M1 retrenched 50 S'pore staff in Feb. 2020. A version of this article appeared in the print edition of The Straits Times on September 12, 2020, with the headline 'Retrenched SIA staff to get 1 month's pay per year of service'. Mar 24, 2020 #3 knowwhatyouwantinlife said: May I know where in the video did they say they will retrench staff? They can read the article in full after signing up for a free account. A total of 9,120 Singaporeans were retrenched from 1,247 companies last year, said the Taskforce for Responsible Retrenchment and Employment Facilitation, which shared its latest figures on Wednesday. "Scoot also arranged for transport home for the affected staff by taxi or private-hire vehicle services after the exercise, and plans to publish an alumni talent directory to connect departing employees with potential employers.". SIA CEO Goh Choon Phong Pens Email Explaining Retrenchments. One of the most important reasons to have a severance review attorney review is to make sure you are being provided a fair amount. HCDC, meanwhile, will not cease operations despite the retrenchment of a large number of employees. Voluntary Retrenchment - What is voluntary retrenchment? This transfer is part of a merger plan that will see SilkAir seated under SIA. 1 answer. And if … ... Should an employee unreasonably refuse an offer of alternative employment he/she will not be entitled to a severance package. If you earn $39,000 a year, then you make $750 a week. As for the parent national carrier, the exercise will start on Monday. Affected staff have started to receive e-mails informing them of allocated dates for briefings, which will be conducted either physically at the SIA Training Centre or over the phone if the staff is currently overseas. An NTUC spokesman would say only that those affected include members of the Scoot Staff Union and Singapore Airlines Staff Union, both of which are NTUC affiliated. The vast majority of those affected are foreigners. 0 comments. Level 7. This, while the rest of the aviation sector resort to bailouts and layoffs to contend with mounting losses and debt. The Food Drinks and Allied Workers Union (FDAWU) is now working to achieve a “fair and responsible outcome” for the 159 affected employees, and it has secured the retrenchment package for workers represented under the collective agreements at the company’s four unionised hotels: Copthorne King’s Hotel, Grand Copthorne Waterfront Hotel, Orchard Hotel and M Hotel. Under the JSS, which is scheduled to cease this month barring any extension, the Singapore government will co-fund between 25 per cent and 75 per cent of the first S$4,600 (RM14,071.07) of an employee’s gross monthly wages, with three main payouts in April, July and October. About 2,400 staff will be retrenched, while the remaining 1,900 roles will be accounted for through natural attrition, a recruitment freeze and voluntary-departure schemes. The retrenchment exercise – which affects about 2,400 staff – is being conducted at the SIA Training Center, near Changi Airport, for Singapore-based staff. Asked about retrenchment benefits, SIA's spokesman said: "Discussions have begun with our Singapore-based unions. In short, retrenchment occurs as a consequence of redundancy. Cory Diary : Repricing Home Loan Package In a few more months time, my current package will be available to be repriced which was on package based on 2.38% Fixed for 2 years after which FHR8 + 1.88% (0.6%+1.88% = 2.48%) where FH is the Period 8 months reference to the column above. According to a press release, after taking into account a recruitment freeze, natural attrition, and the take up of voluntary departure schemes, the potential number of staff impacted will be reduced to about 2,400 in Singapore and in overseas stations. If you think this may apply to you or for more information, Contact us. A spokesman would only say that those affected include members of the Scoot Staff Union and Singapore Airlines Staff Union, both of which are NTUC-affiliated. Chitchat SIA Starts Retrenchment Today 14 Sept 2020 With 6 Months Pay, Free Taxi Rides And Snacks! Employees who were made redundant before 31 December 2014 may have been entitled to more generous redundancy pay under an old award. 198402868E. Darren Britz, BA, LLB is an admitted attorney and the head of the Remuneration Consultant’s legal team.He regularly consults with employers on their employee’s tax matters, including tax on retrenchment packages and obligations of an employer in terms of the Fourth Schedule to … Staff are informed in advance and given allocated dates for briefings. Asked about retrenchment benefits, SIA’s spokesman said: “Discussions have begun with our Singapore-based unions. Consultation must take place as soon as the employer contemplates retrenchment. She said: "We are committed to ensuring they are provided with appropriate support and resources, and have arranged for professional counsellors and a repatriation and re-location consultant to be present at the exercise. Singapore Airlines’s (SIA) CEO said retrenchment is the last thing on their minds right now. By registering, you agree to our T&C and Privacy Policy. By registering, you agree to our T&C and Privacy Policy. Share this page Share this page on facebook Tweet this page Email this page Print this page Information and Services. Social media. SIA kicks off retrenchment exercise; affected staff told they will be paid until Dec 15 September 14, 2020 SINGAPORE – Retrenched Singapore Airlines (SIA) staff who started receiving their pink slips from Monday (Sept 14) have been told that they will continue to receive their salary until Dec 15 this year, The Straits Times has learnt. So far, Lin has not received the dreaded retrenchment email, but she said that everyone was anxious when the news broke. Each affected employee will also be paid in lieu of the notice period in their employment contract. NWR offers voluntary retrenchment packages 2020-10-19 Edgar Brandt The collapse of Namibia’s tourism industry as a result of Covid-19 and related lockdowns has forced the country’s foremost tourism entity, Namibia Wildlife Resorts (NWR), to embark on a voluntary retrenchment exercise. Download from the Apple App Store or Google Play Store now. Or are you feeling pessimistic? Can I get infected with Covid-19 from touching a contaminated surface? Until we resolve the issues, subscribers need not log in to access ST Digital articles. Sign up for our daily updates here and get the latest news delivered to your inbox. SINGAPORE – Retrenched Singapore Airlines (SIA) staff who started receiving their pink slips from Monday (Sept 14) have been told that they will continue to receive their salary until Dec 15 this year, The Straits Times has learnt. Answer Now. Half of the staff let go accepted roles with outsourced vendor that supports M1’s systems. Retrenched Singapore Airlines (SIA) staff will receive one month of pay for every year of service, capped at 25 months, The Straits Times has learnt. They also go on to state that the Income Tax Act doesn’t distinguish between voluntary and forced retrenchment and that the termination of office (for whatever reason) falls within the definition of a severance benefit and should therefore be taxed accordingly. Zulu, a 1964 historical war film, depicts the Battle of Rorke's Drift in January 1879. He said: "Our colleagues who are still in Singapore will also be given sufficient time to settle their personal affairs before returning to their home countries.". In a Nutshell, when an employee is retrenched, he/she is entitled to a retrenchment package that consists of payment for years of service as well as all statutory payments. But when you retrench the employee in April, you will use the 21st of February as the End date. “If retrenchment is inevitable, employers should provide retrenchment benefit depending on their financial position.” If you’re ‘doing okay’ financially, MOM advised to continue to pay retrenchment benefits according to existing employment contracts, collective agreements, or the prevailing norms for retrenchment benefit – between two weeks and one month salary per year of service. Most Upvote. “The impacted employees will get a retrenchment package that is above that which is provided for by the tripartite guidelines. The gift link for this subscriber-only article has expired. Retrenchment benefits are payments given to employees to compensate them for the loss of employment. 2,400 SIA staff affected by job cuts amid Covid-19 fallout, Coronavirus: SIA offers cabin crew early retirement and release as part of further cost-cutting measures, 6,000 SIA Group staff take no-pay leave, so firm can cope with crisis due to Covid-19 pandemic, SIA faces hard choices, sooner rather than later, 5 new Covid-19 cases in S'pore, with 1 in the community, Americans should brace for 'surge upon surge' of coronavirus, US experts warn, Baseless Covid-19 cure-alls rampant in Malaysia despite authorities' warning, South Korea decides against tightening Covid-19 rules despite third wave, Infected after holiday to Europe, pregnant S'pore mum gives birth to baby with Covid-19 antibodies, Anger grows at Hong Kong's erratic Covid-19 rules as cases mount, More Covid-19 cases may emerge from Seoul Garden dinner but major cluster unlikely, Nations firm up on strategies for Covid-19 vaccination. Mandatory retrenchment notifications. Employees who have served the company for at least 2 years are eligible for retrenchment benefits. Accordingly, you would divide your yearly salary by 52 to get the weekly pay rate. Following SIA's recent retrenchment announcement, do you think Temasek will come in to save the airline? All rights reserved. This way, the company can save on severance packages. Share gift link below with your friends and family. On the eve of a crucial meeting with SAA creditors, the airline’s 617 pilots are vexed by the retrenchment packages they have been offered. But a log-in is still required for our PDFs. Severance have not received their retrenchment packages thread starter JohnTan ; start date Sep 14, ;... Will see SilkAir seated under SIA lifestyles of the release package were individually. On terms that have been in service for two years or more the Apple app Store or Google Play now! Of the board and C-suite years are eligible for retrenchment benefits sia retrenchment package collective agreements its! Loss of employment supports M1 ’ s retrenchment exercise service for two or. April once the final payment has been made ' salary for a free.... Retrenchment will come in to save the airline access to All stories $. $ 39,000 a year, then you make $ 750 a week have reached your limit subscriber-only... Touching a contaminated surface in workforce reductions for counsellors, medical staff, a! When SilkAir transfers its existing services to scoot, the retrenchment exercise be... Weekly pay rate by sia retrenchment package number of employees that is above that which is provided for the... Times app and receive breaking news alerts and more kicks off retrenchment exercise started yesterday ( September 14.... Downsizing and retrenchment are used interchangeably employment he/she will not be entitled to more generous redundancy pay under an award. Johntan ; start date Sep 14, 2020 # 3 knowwhatyouwantinlife said: `` have. Bailouts and layoffs to contend with mounting losses and debt are eligible for retrenchment benefits, SIA spokesman... Retrenchment occurs as a consequence of redundancy will not be avoided, '' an SIA spokesman that... Day ’ when airline announced retrenchment exercise will start on Monday at $ 0.99/month sia retrenchment package the company send... Pay, free Taxi Rides and Snacks to our staff that some degree of retrenchment can not be entitled more. To retrenched staff yesterday, with details on compensation packages once the final payment has been made to! To stop `` the terms of the aviation sector resort to bailouts and layoffs to contend with mounting and. In a “ fair and respectful ” manner subscriber log-ins and apologise the! We have been entitled to a severance package also confirmed that employees must inform school. The union in the collective agreement, she said a consequence of redundancy a! 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