SUBSCRIBERS
SingPost to cut, freeze upper-level management pay as part of Covid-19 measures
Published Wed, Mar 4, 2020 · 09:50 PM
Singapore
POSTAL services provider SingPost will be rolling out pay reduction and freezes for upper-level management staff starting on April 1 as part of temporary Covid-19 measures
A hiring freeze will also be implemented across the whole organisation with immediate effect, except for essential roles subject to approval, a SingPost spokesman told The Business Times on Wednesday.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
US dollar soft on renewed Fed rate cut bets
Possible class action lawsuit against Cordlife by customers could take at least 2 years
SAP extends CEO Klein’s contract until 2028
Paragon Reit posts 3% rise in Q1 gross revenue to S$73.8 million
Shell in talks to sell Malaysia fuel stations to Saudi Aramco: sources
Singapore Airlines orders 1,000 tonnes of sustainable aviation fuel from Neste