The Severance Negotiation Letter is used when employment relationship is being terminated through mutual agreement or restructuring in Singapore. It initiates or continues the negotiation process for separation terms, ensuring compliance with local employment laws and MOM guidelines. The document typically follows preliminary discussions and presents a formal offer of severance terms, including financial compensation, benefit treatment, and transitional arrangements. It serves as a critical tool in managing workforce changes while maintaining legal compliance and professional relationships.
Severance Negotiation Letter for Singapore
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Key Requirements PROMPT example:
Severance Negotiation Letter
"Need a Severance Negotiation Letter for a senior software engineer in Singapore with 8 years of service, including non-compete provisions and stock option treatment, with planned termination date of March 15, 2025."
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1. Opening Statement: Reference to previous discussions and purpose of letter
2. Last Day of Employment: Clear statement of termination date and final working day
3. Severance Payment: Detailed breakdown of severance package components including calculation method
4. Statutory Entitlements: Notice period, unused leave, pro-rated bonuses and other statutory requirements
5. CPF Treatment: Handling of CPF contributions and obligations
6. Tax Considerations: Tax treatment of severance payments and reporting obligations
7. Return of Company Property: Requirements and timeline for returning company assets and documents
8. Confidentiality Obligations: Ongoing duties regarding confidential information
9. Signature Block: Space for acknowledgment and acceptance of terms
1. Non-Compete Provisions: Restrictions on future employment activities, typically for senior employees or those with access to sensitive information
2. Outplacement Support: Details of career transition assistance services offered by the company
3. Reference Letter: Terms and conditions of employment reference provision
4. Healthcare Benefits Continuation: Details of any extended medical coverage or insurance conversion options
5. Stock Options/RSUs: Treatment of outstanding equity compensation
1. Schedule A - Severance Calculation: Detailed breakdown of severance payment calculation including base pay, bonuses, and other components
2. Schedule B - Benefits Summary: Comprehensive summary of continuing benefits or benefit conversions
3. Schedule C - Release Agreement: Legal release of claims against employer
4. Schedule D - Company Property Checklist: List of company assets and documents to be returned
Authors
Relevant legal definitions
Termination Date
Last Working Day
Severance Payment
Confidential Information
Company Property
Final Settlement
Notice Period
Statutory Benefits
CPF Contributions
Accrued Leave
Pro-rated Bonus
Release of Claims
Outplacement Services
Continuing Obligations
Non-Compete Period
Reference Letter
Exit Procedures
Outstanding Expenses
Benefits Cessation Date
Settlement Agreement
Last Working Day
Severance Payment
Confidential Information
Company Property
Final Settlement
Notice Period
Statutory Benefits
CPF Contributions
Accrued Leave
Pro-rated Bonus
Release of Claims
Outplacement Services
Continuing Obligations
Non-Compete Period
Reference Letter
Exit Procedures
Outstanding Expenses
Benefits Cessation Date
Settlement Agreement
Clauses
Termination of Employment
Severance Payment
Notice Period
Final Salary Payment
Leave and Benefits Settlement
CPF Treatment
Company Property Return
Confidentiality
Non-Disparagement
Mutual Release
Reference Provision
Continuing Obligations
Non-Compete
Non-Solicitation
Tax Treatment
Legal Fees
Outplacement Support
Medical Benefits Continuation
Stock Options/Equity Treatment
Exit Procedures
Dispute Resolution
Governing Law
Full and Final Settlement
Severance Payment
Notice Period
Final Salary Payment
Leave and Benefits Settlement
CPF Treatment
Company Property Return
Confidentiality
Non-Disparagement
Mutual Release
Reference Provision
Continuing Obligations
Non-Compete
Non-Solicitation
Tax Treatment
Legal Fees
Outplacement Support
Medical Benefits Continuation
Stock Options/Equity Treatment
Exit Procedures
Dispute Resolution
Governing Law
Full and Final Settlement
Relevant Industries
Relevant Teams
Relevant Roles
Find the exact document you need
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Severance Package Letter
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Voluntary Severance Agreement
A Singapore-compliant agreement documenting voluntary employment termination terms and mutual obligations between employer and employee.
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