JOB CREATION AND EMPLOYMENT
The Group adheres to the guidelines on job creation and employment in the countries we operate in. In Singapore, the Group follows the Tripartite Guidelines on Managing Excess Manpower issued by the MOM and its tripartite partners, Singapore National Employers Federation and the National Trades Union Congress. We support and share a similar philosophy to the Tripartite Guidelines, which strongly encourages companies to manage excess manpower and consider reorganisation as a last resort. The Guidelines also suggest providing company retraining programmes for workers, redeployment of workers to alternative areas of work, implementing shorter work weeks, temporary layoffs, flexible work arrangements and managing wage costs through a flexible wage system.
At the Company and CBM Pte Ltd, there have been no major reorganisations which resulted in the loss of jobs in the past five years. In the event of termination or employee resignation, minimum notice periods are required to be fulfilled, depending on the employee’s job grade:
Company | Notice Period |
CDL Corporate Office | A minimum notice period of one to three months needs to be fulfilled, depending on the employee’s job grade. Due to operational requirements, middle and senior management are required to provide a notice period of two and three months, respectively. |
M&C | Majority of employees’ notice periods are one month. For Assistant Director to Senior Vice President and above, two to three months’ notice period needs to be fulfilled. For MCK, middle and senior management are required to provide a notice period of one and three months, respectively. |
CBM Pte Ltd | For field and office employees (below executive level), a minimum notice period of one week to one month needs to be fulfilled. For office employees (executive level and above), a minimum notice period of two months needs to be fulfilled. |
Our Employees
As at 31 December 2024, CDL Group hired a total of 8,354 employees for our operations across CDL Group. Approximately 10.6% of our employees were hired on a temporary basis. In 2024, the Group had 915 employees with non-guaranteed hours.