The application of last in first out principle in retrenchment cases / Azureen Sahira Sauffee Afandi and Muhammad Iskandar Zainol

Retrenchment is an industrial practice and at times it is inevitable. The employer might have to resort to such measures in ensuring the running of their business. One of the ways to retrench the employees is through the application of LIFO principle. The Last in First Out (LIFO) principle has been...

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Main Authors: Sauffee Afandi, Azureen Sahira, Muhammad Iskandar, Zainol
Format: Thesis
Language:English
Published: 2007
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/33061/1/33061.pdf
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id my-uitm-ir.33061
record_format uketd_dc
spelling my-uitm-ir.330612024-08-22T01:52:46Z The application of last in first out principle in retrenchment cases / Azureen Sahira Sauffee Afandi and Muhammad Iskandar Zainol 2007-04 Sauffee Afandi, Azureen Sahira Muhammad Iskandar, Zainol Personnel management. Employment management Retrenchment is an industrial practice and at times it is inevitable. The employer might have to resort to such measures in ensuring the running of their business. One of the ways to retrench the employees is through the application of LIFO principle. The Last in First Out (LIFO) principle has been the chosen practice among the employer in the process of retrenchment. This principle is a mere guideline and is not binding to the employer. As a result, its application is open to exploitation and abuse. It is essential to understand the nature and the application of this principle. Although it is merely a guideline, it plays a very prominent role in most retrenchment cases. Since this principle has no legal effects, it is the intention of this project paper to clearly set out the confusion surrounding this area of Industrial Law. The nature, application and the departure of this principle will be determined and the process of retrenchment and the connection between retrenchment and LIFO principle itself will be discussed. This is important to establish the relevance of this process. 2007-04 Thesis https://ir.uitm.edu.my/id/eprint/33061/ https://ir.uitm.edu.my/id/eprint/33061/1/33061.pdf text en public degree Universiti Teknologi MARA Faculty of Law
institution Universiti Teknologi MARA
collection UiTM Institutional Repository
language English
topic Personnel management
Employment management
spellingShingle Personnel management
Employment management
Sauffee Afandi, Azureen Sahira
Muhammad Iskandar, Zainol
The application of last in first out principle in retrenchment cases / Azureen Sahira Sauffee Afandi and Muhammad Iskandar Zainol
description Retrenchment is an industrial practice and at times it is inevitable. The employer might have to resort to such measures in ensuring the running of their business. One of the ways to retrench the employees is through the application of LIFO principle. The Last in First Out (LIFO) principle has been the chosen practice among the employer in the process of retrenchment. This principle is a mere guideline and is not binding to the employer. As a result, its application is open to exploitation and abuse. It is essential to understand the nature and the application of this principle. Although it is merely a guideline, it plays a very prominent role in most retrenchment cases. Since this principle has no legal effects, it is the intention of this project paper to clearly set out the confusion surrounding this area of Industrial Law. The nature, application and the departure of this principle will be determined and the process of retrenchment and the connection between retrenchment and LIFO principle itself will be discussed. This is important to establish the relevance of this process.
format Thesis
qualification_level Bachelor degree
author Sauffee Afandi, Azureen Sahira
Muhammad Iskandar, Zainol
author_facet Sauffee Afandi, Azureen Sahira
Muhammad Iskandar, Zainol
author_sort Sauffee Afandi, Azureen Sahira
title The application of last in first out principle in retrenchment cases / Azureen Sahira Sauffee Afandi and Muhammad Iskandar Zainol
title_short The application of last in first out principle in retrenchment cases / Azureen Sahira Sauffee Afandi and Muhammad Iskandar Zainol
title_full The application of last in first out principle in retrenchment cases / Azureen Sahira Sauffee Afandi and Muhammad Iskandar Zainol
title_fullStr The application of last in first out principle in retrenchment cases / Azureen Sahira Sauffee Afandi and Muhammad Iskandar Zainol
title_full_unstemmed The application of last in first out principle in retrenchment cases / Azureen Sahira Sauffee Afandi and Muhammad Iskandar Zainol
title_sort application of last in first out principle in retrenchment cases / azureen sahira sauffee afandi and muhammad iskandar zainol
granting_institution Universiti Teknologi MARA
granting_department Faculty of Law
publishDate 2007
url https://ir.uitm.edu.my/id/eprint/33061/1/33061.pdf
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