CNA Explains: What Singapore's national wage guidelines are for

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CNA's Davina Tham takes a closer look at what companies do with the salary guidance and how they influence behaviour despite not being legally binding. SINGAPORE: Every year, the National Wages Council (NWC) releases salary recommendations for workers in Singapore. These provide guidance on pay increments, bonuses and one-off payments that affect all employees here, including white-collar professionals.  But they are not binding on employers – so can they still influence pay and bonuses? What

CNA Explains: What Singapore's national wage guidelines are for https://www.channelnewsasia.com/ - 06:00
CNA Explains: What Singapore's national wage guidelines are for https://www.channelnewsasia.com - 06:00

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CNA Explains: What Singapore's national wage guidelines are for https://www.channelnewsasia.com/ - 06:00
CNA Explains: What Singapore's national wage guidelines are for https://www.channelnewsasia.com - 06:00