{"id":4909,"date":"2013-09-25T14:22:06","date_gmt":"2013-09-25T07:52:06","guid":{"rendered":"https:\/\/equalitymyanmar.org\/new-eng\/?p=4909"},"modified":"2026-01-28T12:49:33","modified_gmt":"2026-01-28T06:19:33","slug":"termination-compensation-to-be-approved-by-year-end","status":"publish","type":"post","link":"https:\/\/equalitymyanmar.org\/?p=4909","title":{"rendered":"\u2018Termination Compensation\u2019 to be approved by year end"},"content":{"rendered":"
\n
\n
Wednesday, 25 September 2013 00:00<\/dd>\n
Mizzima<\/dd>\n<\/dl>\n<\/div>\n

Myanmar employers and representatives of employees have determined that the \u2018Termination Compensation\u2019 policy will be approved by the end of the year.<\/p>\n

The \u2018Termination Compensation\u2019 proposal for employees has already been submitted to the Department office of the Ministry of Labour for the Minister\u2019s approval.<\/p>\n

\u201cThe proposal will not be submitted to the Parliament as it is not a law. We have already discussed the rates and submitted our suggestions to the office of the Ministry of Labour. They are finalizing the Termination Compensation rates. The announcement is expected to come out before the end of the year\u201d, said U Ye Naing Moe, member of the Labour Jury Council (Nay Pyi Daw).<\/p>\n

The proposal was confirmed after a meeting between the Ministry of Labour, representatives of the Union of Myanmar Federation of Chambers of Commerce and Industry (UMFCCI), Chairpersons of Industrial Zones and employees\u2019 representatives. The agreement reached in the meeting was forwarded to the Ministry of Labour.<\/p>\n

Public Relation officials of the Ministry of Labour (Nay Pyi Daw) said, \u201cThe Termination Compensation will be announced very soon. We have already received the proposal and it will be announced right after the Minister approves it.\u201d<\/p>\n

According to the old Termination policy, employees with three to twelve months of service would receive a month\u2019s salary upon termination from employment. Likewise, employees with one to two years of service were entitled to 2 months\u2019 salary and so on.<\/p>\n

Employees with 4 or more years of service were entitled to receive 5 months\u2019 salary, which is the maximum compensation. The policy was amended as it is unfair to employees with longer years of service.<\/p>\n

The participants of meeting agreed that the amended policy is more progressive compared to the former policy, as compensation can go as high as 10 months\u2019 salary.<\/p>\n

\u201cEarlier employees with 10 years of services were unfairly compensated. That is why we discussed the issue continuously with the employers. The new policy includes up to 10 months\u2019 salary as compensation upon termination of employees with long services. The policy is not a law and the Ministry of Labour will approve it and make an announcement as soon as possible\u201d, said U Ye Naing Moe.<\/p>\n

\u201cThe new policy will apply to all employees. It will be better than the former one\u201d, said U Myat Thin Aung business tycoon and Chairman of the Hlaintharyar Industrial Zone.<\/p>\n

U Ye Naing Moe added that employees are paid only for 3 months\u2019 salary or lower when they are terminated. Sometimes they are not compensated at all depending on their job.<\/p>\n

The new Termination Compensation policy has taken employees\u2019 job nature, experience and service into account.<\/p>\n","protected":false},"excerpt":{"rendered":"

Wednesday, 25 September 2013 00:00 Mizzima Myanmar employers and representatives of employees have determined that the \u2018Termination Compensation\u2019 policy will be approved by the end of the year. The \u2018Termination Compensation\u2019 proposal for employees has already been submitted to the Department office of the Ministry of Labour for the Minister\u2019s approval. \u201cThe proposal will not […]<\/p>\n","protected":false},"author":1,"featured_media":4910,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/equalitymyanmar.org\/index.php?rest_route=\/wp\/v2\/posts\/4909","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/equalitymyanmar.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/equalitymyanmar.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/equalitymyanmar.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/equalitymyanmar.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4909"}],"version-history":[{"count":1,"href":"https:\/\/equalitymyanmar.org\/index.php?rest_route=\/wp\/v2\/posts\/4909\/revisions"}],"predecessor-version":[{"id":4911,"href":"https:\/\/equalitymyanmar.org\/index.php?rest_route=\/wp\/v2\/posts\/4909\/revisions\/4911"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/equalitymyanmar.org\/index.php?rest_route=\/wp\/v2\/media\/4910"}],"wp:attachment":[{"href":"https:\/\/equalitymyanmar.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4909"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/equalitymyanmar.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4909"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/equalitymyanmar.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4909"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}