JOB CREATION AND EMPLOYMENT

CDL adheres to the Tripartite Guidelines on Managing Excess Manpower issued by the Ministry of Manpower (MOM) and its tripartite partners, Singapore National Employers Federation and the National Trades Union Congress. We support and share the similar philosophy as the Tripartite Guidelines, which strongly encourage 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.

There has been no major reorganisation which resulted in the loss of jobs, in the past five years.

In the event of termination or employee resignation, 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.

There has been no major reorganisation which resulted in the loss of jobs, in the past five years. In the event of termination or employee resignation, 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.

Our Employees

As at 31 December 2018, CDL hired a total of 400 employees for our core operations headquartered in Singapore, where the majority of our business in property development and asset management is based. Close to 6.75% of our employees are hired on a temporary basis with tenure of more than one year.

TOTAL NUMBER OF EMPLOYEES

NUMBER OF FULL-TIME EMPLOYEES
(%)


NUMBER OF PART-TIME EMPLOYEES
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NUMBER OF PERMANENT EMPLOYEES
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NUMBER OF TEMPORARY EMPLOYEES
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Heads of Department (HODs)

94.3% of our HODs are Singaporeans or Permanent Residents, hired from our local community.

NUMBER OF TEMPORARY EMPLOYEES
(%)