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Alice
17/11/2009 18:48:43
Re: How to compensate staff if my company is going to be sold?

Hi Mr Siew,

My company is going to be sale to someone else in end of this year. Can you please teach me how to calculate the compensation for the staff who is going to leave. And according to labour law do i need to compensate for the staff who is not leaving because they still hire by the new employer?

Thank you.
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KL Siew
kl_siew@yahoo.com
18/11/2009 09:19:49
Read up the Employment(Termination and Layoff Benefits) Regulations here .

You are strongly advised to consult the Labour Department about this.
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