28 C
Singapore
Wednesday, September 27, 2023
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COMPANY LIQUIDATES AND SUDDENLY STOP PAYING SALARY

This is the true story of my good friend. He is an excellent IT professional.

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This is a recent sad story of his job. He has been working for this particular company for 3 years. He is a sincere worker. To be precise, 80% of the work is done by 20% of the engineers. He belongs to that 20% category. Even the company has put a notice period of 3 months if he quits his job (usually 1 to 2 months for other employees). He is that good. Suddenly, the company said that it is liquidating the Singapore operation and laying all the employees of the company in a single call without any prior notice.

He has more than 40 holidays that he did not take (He did not take the holidays because he is the go-to guy for most of his projects). He is not getting any salary further even he has a 3 month notice period. He is not getting anything for his holidays that he did not take. I do not know about the legal obligations. But the company said since they are liquidating, they do not have to pay notice period salaries or for the vacations that the employees did not take.

He will find a better job soon without any doubt. The thing is the moral value of the company and the management. If you are a family man, sudden termination and no salary will put you under great pressure.

The moral of the story is to take your vacation all the time, spend time with your family, and you do not have to be over-committed to a job. In the end, management can just throw you into a bin as in this story. (There are many nice companies. But these companies still exist.

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To be honest, the ghost may appear at any time.

Editor’s note: End of the day no matter how hard you work for a company you are nothing like a used tissue paper, anytime can throw.

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