Not all employers need to cut wages to save jobs: Josephine Teo on NWC guideline

Singapore

THE National Wages Council (NWC) expects wage adjustments in the next 12 months to vary across sectors and firms, as not every employer will need to cut wages to save jobs, said Manpower Minister Josephine Teo in Parliament on Tuesday.

She was responding to West Coast Member of Parliament Foo Mee Har, who had asked about wage cuts in the next 12 months, given that NWC supplementary guidelines on Oct 16 said that employers can consider temporarily cutting workers' basic pay, if necessary, to avoid retrenchments.