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National Wages Council seeks public feedback on wage guidelines
04:45 AM Mar 30, 2012
The National Wages Council (NWC) is meeting over the next two months to consider wage guidelines for this year.
The 36-member council, headed by National University of Singapore professor Lim Pin, is seeking feedback from the public and relevant stakeholders.
These views will influence the council's decision-making process.
The NWC, which consists of representatives from employers, unions and the Government, will consider factors such as Singapore's economic performance as well as the global, regional and local economic outlook in its deliberations.
It will also look at Singapore's competitiveness, labour market conditions, inflation and productivity.
The NWC's guidelines are not mandatory but most companies follow them.
Views should be sent to the council by April 13. Channel NewsAsia
04:45 AM Mar 30, 2012
The National Wages Council (NWC) is meeting over the next two months to consider wage guidelines for this year.
The 36-member council, headed by National University of Singapore professor Lim Pin, is seeking feedback from the public and relevant stakeholders.
These views will influence the council's decision-making process.
The NWC, which consists of representatives from employers, unions and the Government, will consider factors such as Singapore's economic performance as well as the global, regional and local economic outlook in its deliberations.
It will also look at Singapore's competitiveness, labour market conditions, inflation and productivity.
The NWC's guidelines are not mandatory but most companies follow them.
Views should be sent to the council by April 13. Channel NewsAsia