You can make sure that you know your legal rights in terms of what retrenchment benefits are due to you. Understand how to apply the Tripartite Advisory on Managing Excess Manpower and Responsible Retrenchment. Follow the latest news on retrenchment at TODAYonline. So far, Lin has not received the dreaded retrenchment email, but she said that everyone was anxious when the news broke. On the eve of a crucial meeting with SAA creditors, the airline’s 617 pilots are vexed by the retrenchment packages they have been offered. It is not only the estimated 1,000 AMSA employees who face retrenchment by the end of March 2020, but almost the same number of workers are … The group created by airline cabin crew and former crew members has about 1,600 members from SIA, SilkAir, and Scoot. Created on 19 Nov 2020 8. Posts: 4 SIA RETRENCHMENT. It has also been providing online content, and organised classes and charity drives for migrant workers to help engage its members. This has been a community effort and it has been heartening to see former cabin crew reaching out to their peers on this front,” said Mr Ruben Brandon, a former cabin crew and one of the founders of Cabin Crew United. They started handing out pink slips to retrenched staff on 11 Sept, with details on compensation packages. 07 July 2020 - 23:16 By TimesLIVE About 2,700 SAA workers will lose their jobs as part of a voluntary severance deal, according to the public enterprises department. More cases of disguised retrenchments – workers getting laid off without their employers treating it as a retrenchment to avoid paying a fair package – are surfacing. “This decision was taken in light of the long road to recovery for the global airline industry due to the debilitating impact of the Covid-19 pandemic, and the urgent need for the group’s airlines to adapt to an uncertain future.”. The SIA Group had more than 28,000 employees across three airlines and SIA Engineering as of Mar 31, according to its FY2019/2020 annual report. Showering in the Morning vs Evening: Which is Better? Image: Business Day Unemployment is one of the biggest problems in South Africa. The retrenchment also extends to their budget flight alternative, Scoot. Given that the road to recovery will be long and fraught with uncertainty, we have to unfortunately implement involuntary staff reduction measures. Tip: Be able to pay your debt even when you get retrenched. Who is eligible. Everything has been temporary—but today, the pride of Singapore has taken the drastic action and implemented something permanently: retrenchment. In July, SIA reported its largest quarterly loss on record—a whopping $1.12 billion net loss. The retrenchment exercise at SIA, one of the bigger ones by a company in Singapore this year, comes as little surprise as the airline industry battles its biggest crisis yet. This year isn't a great year for most people. Employers have a grace period of one year as of 1 July 2020 within which to ensure Of those, the bulk - more than 17,000 - were from Singapore Airlines. Companies such as Jumbo Group and Etonhouse have already started offering jobs to retrenched SIA employees. Industry groups have also forecast that passenger traffic will not return to pre-COVID levels until around 2024. After taking into account a recruitment freeze, natural attrition and the take-up of voluntary departure schemes, the potential number of staff impacted will be reduced to about 2,400 in Singapore and in overseas stations. In 2003, when the SARS outbreak hit Asia, SIA retrenched hundreds of staff. “Having to let go of our valuable and dedicated people is the hardest and most agonising decision that I have had to make in my 30 years with SIA. It is a very sad time indeed. In part, SIA’s losses also stemmed from the US$638 million in charges it took on failed oil hedges. SAA begins retrenchment process, nearly 5000 employees to be affected. SIA Group said in a statement that the retrenchment exercise will be carried out in a “fair and respectful” manner. “I think this is the worst ever, much worse than SARS (Severe Acute Respiratory Syndrome)," she said. Mediacorp Pte Ltd. All rights reserved. “The next few weeks will be some of the toughest in the history of the SIA Group as some of our friends and colleagues leave the company. All three staff members CNA spoke to, two of whom are cabin crew and one from SIA headquarters, said that their salaries plunged by about 50 per cent after their work hours were reduced since April. Industry groups have also forecast that passenger traffic will not return to pre-COVID levels until around 2024. *At their request, CNA is not using the real names of the SIA staff quoted in this article. Check out top news from Singapore and around the world. SIA also arranged for counsellors, medical staff, and members of its unions to be present to provide support. SIA has said it expects to operate under 50 per cent of its capacity at the end of financial year 2020/21. In a communique sent to all group executives on February 6, Eskom said that the window for applications will open in the third week of February 2020, with "employee exits planned for end of April 2020". Four days after the announcement, the layoffs began. Be sure to structure your final severance package optimally in terms of income tax and also ongoing personal issues such as life cover and medical aid. You can read more about the fate of air travel here: We’re officially one week away from Phase Three, and all of a sudden, things don't look so goody now. More than four months on, the airline industry continues to be in dire straits, with SIA more badly affected than most as it has no domestic routes. 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