HRSINGAPORE Community Discussions

Retrenchment alternatives

QUESTION

Dear HR Community,

We implemented the following measures to reduce the possibility of retrenchment.

1. Requiring all employees to take eight days of annual leave (AL) during April and May.

2. Creating a shorter work week from June.

3. Making it mandatory for employees to consume two days of AL in a month on the days that they were not working.

Are there any other cost-saving measures that you have planned or put into action in your company to prevent retrenchment?

We are in the retail sector.

Best Regards

Flo

 

 

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