Termination Letter With Severance Template for Singapore

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Termination Letter With Severance

"I need a Termination Letter With Severance for a senior software engineer who is being laid off due to company restructuring, including a 6-month severance package and extended health benefits through March 2025."

Document background

The Termination Letter With Severance is a crucial document used when ending employment relationships in Singapore, particularly in situations involving redundancy, restructuring, or mutually agreed separations. It must comply with Singapore's Employment Act and related legislation, including MOM guidelines and Tripartite standards. The document serves multiple purposes: formally communicating the termination, detailing the severance package, outlining final payments and benefits, and ensuring legal compliance. It typically includes specific provisions for CPF contributions, tax considerations, and any continuing obligations or benefits.

Suggested Sections

1. Employee Details: Full name, position, employee ID, department

2. Termination Date: Last day of employment and notice period details

3. Reason for Termination: Clear statement of termination reason if applicable

4. Severance Package: Details of severance payment and calculation method

5. Final Payment Details: Breakdown of final salary, unused leave, and other entitlements

Optional Sections

1. Continuation of Benefits: Details of any extended medical coverage or benefits, used when applicable

2. Outplacement Support: Information about career transition services, if offered

3. Reference Letter Offer: Include when company policy allows providing references

4. Non-Compete Reminder: Include when original employment contract contained such provisions

Suggested Schedules

1. Severance Calculation Schedule: Detailed breakdown of severance payment calculation

2. Final Payment Schedule: Itemized list of all final payments including leave, bonuses, etc.

3. Benefits Summary: Summary of any continuing benefits and their duration

4. Exit Checklist: List of items to be returned and processes to be completed

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Financial Services
Technology
Manufacturing
Professional Services
Retail

Relevant Teams

Human Resources
Legal
Finance
Payroll
Compliance

Relevant Roles

Human Resources Director
Chief Executive Officer
Department Manager
Legal Counsel
HR Manager

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Let's create your Termination Letter With Severance

Authors

Alex Denne

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