(for KL Siew's Use Only)
Due to economy recession, our company has been through loss over the year. We decide to cut down our monthly overheads and would like to terminate 2 of our employees (service more than 5 years) and remain one young employee (joined us last year) to assist us. The two employees salaries are RM 1,800.00 and RM 2,300.00. Can we just terminate them by compensation of 8 weeks wages? How to calculate this compensation?