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Termination Letter To Employee Due To Business Closure
"I need a Termination Letter To Employee Due To Business Closure for our Singapore retail company that's closing on March 15, 2025, which needs to include details about our enhanced severance package and outplacement support services for our 50 employees."
1. Letter Date and Address Block: Formal letter heading with date and recipient details
2. Notice of Termination: Clear statement of employment termination due to business closure
3. Last Working Day: Specific mention of the final day of employment
4. Notice Period Details: Information about notice period or payment in lieu of notice
5. Final Payment Details: Breakdown of final salary, leave encashment, and other payments
1. Retrenchment Benefits: Details of any additional benefits, applicable when company policy or means allow
2. Reference Letter Offer: Offer to provide employment reference when company policy allows
3. Outplacement Support: Information about job search assistance when company provides career transition support
1. Final Payment Schedule: Detailed breakdown of all final payments and deductions
2. Benefits Cessation Schedule: Timeline of when various benefits will cease
3. Company Property Return Checklist: List of company items to be returned before final day
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