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New Employment Contract For Existing Employees Template for Singapore

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Key Requirements PROMPT example:

New Employment Contract For Existing Employees

"I need a New Employment Contract For Existing Employees under Singapore law for our software development team of 15 people, who are transitioning from contractors to full-time employees effective March 1, 2025, with enhanced benefits package and equity options."

Document background
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.
Suggested Sections

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

Optional Sections

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

Suggested Schedules

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) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions





























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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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