New Employment Contract For Existing Employees for Singapore

New Employment Contract For Existing Employees Template for Singapore

A comprehensive employment agreement governed by Singapore law, designed to formalize new terms of employment for existing employees. This document ensures compliance with Singapore's Employment Act and related legislation while maintaining continuity of employment. It addresses key aspects including remuneration, benefits, working conditions, and statutory requirements such as CPF contributions, while preserving relevant aspects of the previous employment relationship.

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What is a New Employment Contract For Existing Employees?

New Employment Contract For Existing Employees is utilized when companies need to formalize updated employment terms with their current workforce. This typically occurs during corporate restructuring, role changes, or policy updates. The document, governed by Singapore law, maintains compliance with local employment regulations while ensuring continuity of service and preserved benefits. It includes comprehensive terms covering position, compensation, working conditions, and statutory requirements, serving as a fresh agreement that acknowledges prior service while establishing new terms moving forward.

What sections should be included in a New Employment Contract For Existing Employees?

1. Parties: Identification of employer and employee

2. Background: Context of employment relationship and transition from previous contract

3. Definitions: Key terms used tHRoughout the agreement

4. Position and Duties: Job title, reporting lines, and key responsibilities

5. Remuneration and Benefits: Salary, bonuses, and other benefits including CPF contributions

6. Working Hours and Leave: Standard hours, overtime, annual leave, sick leave, and public holidays

7. Termination: Notice periods and grounds for termination

8. Confidentiality: Obligations regarding company confidential information

9. Data Protection: Provisions relating to collection and use of personal data under PDPA

10. Governing Law: Specification of Singapore law as governing law

What sections are optional to include in a New Employment Contract For Existing Employees?

1. Probation Period: Terms of probation period for employees taking on significantly different roles

2. Mobility Clause: Requirements to work at different locations or travel for work purposes

3. Post-Employment Restrictions: Non-compete and non-solicitation clauses for senior or sensitive positions

4. Intellectual Property Rights: Assignment of IP rights for roles involving creative or technical work

5. Variable Component: Details of performance bonuses and variable compensation schemes

What schedules should be included in a New Employment Contract For Existing Employees?

1. Schedule 1: Job Description: Detailed outline of role and responsibilities

2. Schedule 2: Benefits Package: Detailed breakdown of all benefits and allowances

3. Schedule 3: Company Policies: Reference to key policies employee must comply with

4. Appendix A: Confirmation of Prior Service: Recognition of previous employment period and accrued benefits

5. Appendix B: Preservation of Benefits: Details of existing benefits being carried forward or modified

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Singapore

Publisher

Genie AI

Document Type

Employment Contract

Cost

Free to use
Clauses
Industries

Employment Act (Chapter 91): Primary legislation governing employment relations in Singapore, covering basic terms and working conditions including salary, working hours, leave entitlements, and termination provisions

Employment Claims Act 2016: Legislation establishing the framework for resolving salary-related disputes and other employment claims in Singapore

Industrial Relations Act: Law governing trade unions, collective bargaining, and industrial relations between employers and employees

Workplace Safety and Health Act: Legislation ensuring workplace safety, health standards, and risk management requirements

Personal Data Protection Act 2012: Law governing the collection, use, and disclosure of personal data, including employee information

Central Provident Fund Act: mandatory social security savings scheme requiring employer and employee contributions

Basic Employment Terms: Core contract elements including salary structure, working hours, overtime, rest days, public holidays, and leave entitlements

Termination Provisions: Notice period requirements, grounds for termination, and procedural requirements for ending employment

Employee Benefits: mandatory and optional benefits including medical benefits, insurance coverage, and other welfare provisions

Existing Employee Considerations: Special provisions for transitioning existing employees including preservation of benefits, recognition of service years, and change management procedures

Data Protection Obligations: Requirements for handling employee personal data, including collection consent, security measures, and access rights

Workplace Safety Requirements: Safety policies, risk assessment procedures, and health protection measures required by law

Skills Development Levy: mandatory contribution by employers to support workforce upgrading and lifelong learning

Work Injury Compensation: mandatory insurance and compensation requirements for workplace injuries and occupational diseases

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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