The National Wages Council (NWC) said today (October 16) that companies that have already exhausted cost-saving measure should implement temporary wage cuts to minimise retrenchments. The tripartite group said that pay cuts should depend on the performance and outlook for the company as well as the industry it is in. Companies …
Read More »Pay Cuts Over Retrenchment: S’pore Employers Should “Lead By Example”, Slash Own Wages First
