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Employment Termination Policy
"Need an Employment Termination Policy for our new Singapore tech startup (50 employees) launching in January 2025, with specific focus on protecting our intellectual property and managing terminations of employees with access to sensitive data."
1. Purpose and Scope: Defines the objective of the policy and to whom it applies within the organization
2. Definitions: Key terms used tHRoughout the policy including types of termination
3. Notice Period Requirements: Details of statutory notice periods and payment in lieu provisions
4. Grounds for Termination: Comprehensive list of circumstances under which employment may be terminated
5. Termination Procedures: Step-by-step process for different types of termination scenarios
6. Final Settlement: Process and timeline for final payments and benefits settlement
1. Appeals Process: Formal procedure for contesting termination decisions - recommended for larger organizations or when required by union agreements
2. Retrenchment Provisions: Specific procedures and benefits for reduNDAncy situations - recommended for organizations with more than 10 employees
3. International Employee Provisions: Additional requirements for terminating foreign workers - required when organization employs foreign workers
1. Notice Period Table: Detailed breakdown of notice periods by employee grade/tenure
2. Termination Checklist: Standard checklist for HR to process terminations
3. Exit Interview Form: Standard form for conducting exit interviews
4. Handover Document Template: Template for documenting handover of duties and responsibilities
5. Sample Termination Letters: Templates for various types of termination notifications
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