February 12, 2021

Asia

INDONESIA: Draft regulation could result in a significant drop in severance pay

BY Bob Herrera-Lim

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( 3 mins) The Indonesian government is set to soon issue a regulation — possibly even by next week — that would cover the use of short-term labor contracts and may, based on the drafts available so far, result in significant reductions in the amount of separation pay for workers when a company is undergoing financial distress. The […]

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