Changes hurt but early notice helps: business response
ASME, SBF leaders also welcome govt move to raise the statutory retirement and re-employment age as well as to hike CPF contributions for older workers in a gradual manner
Singapore
WHILE business costs will go up with the move to raise the statutory retirement and re-employment age as well as to increase Central Provident Fund (CPF) contributions for older workers, many companies in Singapore are thankful for the early notice and gradual implementation of the changes.
"The government has already given the signal in…
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