If any companies are not able to pay THR as per the relevant regulations, open communication between employer and employee is required. The communication shall be performed in a non-hostile manner, supported by transparent internal financial reports and goodwill, which aim at forming a mutual agreement when the deferred THR can be paid. The communication should include:
- If the company is not able to pay THR in full, the company should consider an instalment schedule.
- If the company is not able to pay THR at all, both parties should agree on a specific timeline for the company to postpone THR payment.
- An agreed timeline and penalty (which is 5% of THR payable) for the delay in THR payment.