Outlook too cloudy for new wage guidelines but firms should reward workers fairly: NWC
Council will meet a second time later this year, to develop new guidelines that will apply from Dec 1 this year to Nov 30, 2022
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Singapore
THE economic outlook remains too uncertain and uneven for the tripartite National Wages Council (NWC) to issue fresh guidelines on wages and employment at this time.
Still, all businesses should re-evaluate their situations, and those that are doing well should reward their employees fairly.
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