Emplymnt Contract: Termination Penalty??

Discuss about getting a well paid job or career advancement. Ask about salaries, expat packages, CPF & taxes for expatriate.
Post Reply
UKGal
Newbie
Newbie
Posts: 5
Joined: Fri, 02 Oct 2009 10:13 pm
Location: Holland Rd

Emplymnt Contract: Termination Penalty??

Post by UKGal » Fri, 02 Oct 2009 10:31 pm

My boyfriend has just been given his contract of employment and it has a clause stating that he would have to pay $8000 if he wanted to leave before 12 months (medical reasons being the exception).

Is it normal for such a clause to be included & is this a fair amount??

His wage is $3000/month with 1000 of that going to rent... He works in hospitality, we're both form the UK.

Any advice is much appreciated

Thanks[/b]
Last edited by UKGal on Sat, 03 Oct 2009 12:02 am, edited 1 time in total.

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 39641
Joined: Thu, 11 Nov 2004 1:26 pm
Answers: 10
Location: Retired on the Little Red Dot

Post by sundaymorningstaple » Fri, 02 Oct 2009 11:59 pm

In Singapore it's the law that Salary in Lieu be equal for both parties. Therefore, if the company wants to terminate his services (for other than just cause) they should also have the same liability.

It's up to the company to set any penalty that they desire but it has to be equal both ways. some require a month's notice or a month's salary in lieu, other require 3 months. If three months are required that would be equal to 9K so yes, it's fair if that's the policy of the company.

sms
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

User avatar
ScoobyDoes
Manager
Manager
Posts: 1667
Joined: Wed, 29 Nov 2006 6:42 pm
Location: A More Lucky Spot

Post by ScoobyDoes » Sun, 04 Oct 2009 4:02 pm

If the company is also paying to ship you guys out to Singapore and cover visa/EP related issues, it is fair they ask you to compensate them in return if you don't hold up to your end of the contract.

Post Reply
  • Similar Topics
    Replies
    Views
    Last post

Return to “Careers & Jobs in Singapore”

Who is online

Users browsing this forum: No registered users and 21 guests