The council also recommended a 5.5 per cent to 7.5 per cent increase in gross monthly wages for lower-wage workers, or a pay bump of at least S$100 to S$120, whichever is higher. SINGAPORE: Employers should reward employees with fair and sustainable wage increases, said the National Wages Council (NWC) on Thursday (Oct 10). This takes into account the sustained productivity growth over the long term, as well as the improved economic outlook and expected moderation in inflation in 2024, it added.

Tag-uri: Inflatie