Retrenched Lazada employees to get more payouts but some remain unhappy about differentiated packages

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Lazada News

Retrenchment,Manpower,Employment

Some former Lazada employees, mostly in lower-ranking roles, will receive two additional weeks of salary for each year of service, while others will receive a sum of S$1,200.

A Google Street view of Lazada 's regional headquarters at Bras Basah Road. will receive additional monetary support following negotiations with the union, but some remain unhappy about the differentiated payouts and the way the issue was handled.

The following month, Lazada Singapore and the Food, Drinks and Allied Workers Union said in a joint statement that they had reached"an amicable settlement" in which eligible union members would getFour months after being retrenched, some former employees finally received calls to meet union representatives on Monday to hear about the enhanced packages.

“They didn’t really say where they draw the line,” said Tricia, who signed up to be a union member shortly after getting retrenched. “For us to get two weeks, it felt like we were underpaid,” she continued, adding that others in the e-commerce industry who got retrenched mostly received about one month’s salary for each year of service.

So when Ryan, a former mid-ranking employee in his 30s, received a call the next day informing him that he would be getting an additional sum of S$1,200, he was shocked.It was also different from the two additional weeks of salary for each year of service that people had been looking forward to, former employees said, noting that rumours had spread before the news was confirmed.

“Don’t you think that the more junior people can find jobs easily, while the higher grade people who are perhaps also older, are going to have a little bit more difficulties, and also have more to feed?” he continued. The “settlement” will be “conveyed” to the employees no later than Aug 31, 2024, the contract read, highlighting that “no further claims” can be made on this matter after it has been signed.The varied retrenchment packages are in line with FDAWU’s most recent statement – the union confirmed on Thursday evening that the employees’ length of service with Lazada, job grades and the validity of their union membership would be factors taken into consideration for their respective payouts.

“In a sense, maybe they got additional benefits from there,” said Tricia, adding that senior managers and above are also more likely to hold restricted stock units or other modes of compensation.

Retrenchment Manpower Employment NTUC National Trades Union Congress

 

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