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