Your employer has had weeks to prepare the package. HR knows exactly what they're offering and why. You have minutes to react. That information gap costs people thousands of dollars every year. Don't let it cost you.
MOM recommends 2 weeks to 1 month salary per year of service. If your contract specifies a higher amount, you're entitled to the higher amount.
Your employer must give you the contractual notice period OR pay you salary in lieu. If your contract says 3 months, that's 3 months of pay.
All unused annual leave must be encashed and paid out. This includes pro-rated leave for the current year.
Check when your company medical insurance and benefits end. Some policies terminate immediately, others continue through the notice period.
If your bonus or commission was earned before the retrenchment date, you're entitled to it. Review your bonus terms carefully — some have clawback clauses.
You can request a letter of service or reference. Most employers will provide one. Get this before signing the final paperwork.
Tell Vera your years of service, salary, and what's being offered. She'll calculate what you should be getting — and tell you if the package is fair.
General legal information, not legal advice. For formal review, consult a qualified employment lawyer.