Renewal Of Employment Contract Template for Singapore

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Key Requirements PROMPT example:

Renewal Of Employment Contract

"I need a Renewal Of Employment Contract for a senior software engineer in Singapore, extending their current contract for 2 years from March 2025, with a 15% salary increase and updated responsibilities to include team leadership."

Document background
A Renewal Of Employment Contract is utilized when an existing employment agreement is approaching its end date and both parties wish to continue the employment relationship. This document, governed by Singapore law, typically includes updated terms of employment, any changes in compensation or benefits, revised responsibilities, and the new contract duration. It ensures compliance with Singapore's employment regulations while providing clarity and security for both employer and employee. The renewal contract may be particularly important for fixed-term contracts, foreign workers requiring work pass renewals, or when significant changes to the employment terms are being implemented.
Suggested Sections

1. Parties: Identification of employer and employee with full details

2. Background: Reference to original employment contract and basis for renewal

3. Definitions: Key terms used in the contract

4. Term of Employment: Duration of renewed contract period

5. Remuneration: Salary, bonuses, and other financial benefits

6. Job Description: Role, responsibilities, and reporting structure

7. Working Hours: Standard working hours and overtime provisions

Optional Sections

1. Probation Period: Additional assessment period for new role/responsibilities

2. Relocation Terms: Details of relocation if position involves new location

3. Non-Compete Clause: Restrictions on post-employment competition for senior positions or sensitive roles

Suggested Schedules

1. Schedule 1 - Benefits Package: Detailed breakdown of employee benefits

2. Schedule 2 - Performance Metrics: KPIs and performance evaluation criteria

3. Appendix A - Company Policies: Referenced company policies and procedures

4. Appendix B - Job Description: Detailed role specifications and responsibilities

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

Clauses
Industries

Employment Act (Chapter 91): Primary legislation governing basic terms and conditions of employment, including working hours, rest days, overtime, salary protection, leave entitlements, and notice periods

Employment Claims Act 2016: Legislation covering dispute resolution mechanisms and salary-related claims between employers and employees

Central Provident Fund (CPF) Act: Regulates mandatory social security savings system, including employer and employee contributions and obligations

Work Injury Compensation Act: Establishes framework for employee protection and compensation in case of work-related injuries, including insurance requirements

Personal Data Protection Act 2012: Governs the collection, use, disclosure and care of personal data, including employee information protection requirements

Industrial Relations Act: Regulates employee-employer relationships and union matters, providing framework for industrial relations

Retirement and Re-employment Act: Covers retirement age provisions and re-employment obligations for older workers

Employment of Foreign Manpower Act: Regulates the employment of foreign workers, including work pass requirements and employer obligations

Workplace Safety and Health Act: Establishes requirements for workplace safety, health protection measures, and employer obligations for maintaining safe working conditions

Fair Consideration Framework: Guidelines ensuring fair employment practices and non-discrimination in the workplace

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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