SUBSCRIBERS
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
Published Sat, May 15, 2021 · 05:50 AM
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.
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
International
Indonesia to drive the growth of Asean’s green economy: PM Lee
Vietnam April exports up 10.6% y/y, industrial output up 6.3%
Inflation overshadows US economic resilience, hurting Biden
South-east Asia heat wave shuts schools, stokes power demand
Star Entertainment chair Foster steps down, adds to management exodus
Fading bets of early RBA cuts frustrate Albanese reelection plan