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Give one-off special lump-sum payment and increase wages, says National Wages Council

As the usual cai fan fare approaches the S$10 mark, coupled with rising costs of electricity, water, and transportation, here’s another kicker: GST is set to climb to nine per cent in 2024. Everything seems to be on the rise except for our salaries, don’t you think? Well, the government is doing something about it. Apart from the cash disbursements. ....

Monetary Authority Of Singapore , National Wages Council , Monetary Authority , Flexible Wage System , Monthly Variable Component , Annual Variable Component , Progressive Wages ,

HR guide: Singapore's NWC Guidelines 2021/2022

This edition of the guidelines focuses on buiiding a flexible wage system in tandem with business recover; sustaining wage growth for lower-wage workers, and implementing initiatives for upskilling the workforce. ....

Singapore Business Federation , National Centre Of Excellence , Singapore National Employers Federation , Job Redesign Under Productivity Solutions Grant , National Wages Council , Institute For Human Resource Professionals , Company Training Committees Ctcs , Flexible Wage System , Monthly Variable Component , Annual Variable Component , Annual Wage Supplement , Tripartite Workgroup , Lower Wage Workers , Progressive Wage , Progressive Wages , Progressive Wage Growth , Occupational Progressive Wages , Company Training Committees , National Centre , Workplace Learning , Skillsfuture Queen Bee , Job Redesign , Productivity Solutions Grant , Workforce Singapore , Career Conversion Programmes , Continuing Education ,