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Updated Guidelines On Managing Excess Manpower To Further Help Companies Lower Costs and Save Jobs

With Singapore's GDP projected to contract between 6% to 9% this year, coupled with the increasing unemployment rate, the tripartite partners - the Ministry of Manpower (MOM), the Singapore National Employers Federation (SNEF) and the National Trades Union Congress (NTUC) – have worked to release the updated Tripartite Guidelines on Managing Excess Manpower, announced on 17 May 09. The updated guidelines contain additional recommendations and incorporate feedback from consultations with industries and unions over the last few months.

 

For more information on the updates to the Tripartite Guidelines on Managing Excess Manpower, please visit

http://www.mom.gov.sg/publish/momportal/en/press_room/press_releases/2009/20090517-Updated_Guidelines_on_Managing_Excess_Manpower.html