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? 2009 Pearson Education South Asia. All rights reserved. 14–* Termination of Employment in Philippines Code of Labor states the rate of termination benefit: Redundancy of new labor-saving devices: 1 month’s wage for each year of service Retrench to prevent losses or cease operations Half month’s wage for each year of service ? 2009 Pearson Education South Asia. All rights reserved. 14–* Contract may be terminated after giving due notice or pay in lieu of notice If no notice period is stated in contract, the following will apply: Retrenchment benefit applicable if employment is at least three years of continuous service Termination of Employment in Singapore Length of service Period of notice Less than 26 weeks 1 day 26 weeks to < 2 years 1 week 2 years to < 5 years 2 weeks 5 years o