With this being said, employees should be told how the wages will eventually be restored. With the green light given by the National Wages Council (NWC) to implement temporary wage cuts, employers ...
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Employers may cut wages for now to save jobs!
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Tripartite partners update retrenchment guidelines for firms, including longer notice periods
These guidelines include longer notice periods, denied Government support grants and work pass privileges, and proper retrenchment. Even more comprehensive guidelines of retrenchment exercises upda...
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Update from the Ministry of Finance (MOF): Foreign Workforce Policies
Update from the Ministry of Finance: Foreign Workforce Policies As of 1st January 2021, the number of S Pass sub-Dependency Ratio Ceiling (DRC) holders will be reduced for the Construction, Marine ...
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New National Wages Council (NWC) Guidelines for 2020/2021
With the new National Wages Council (NWC) Guidelines for 2020/2021, these are the recommended 4 Steps to follow (in order of priority) to Sustain Businesses and Save Jobs. 1. Reduce Non-Wages Cost...
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Bigger grants, expanded loan schemes to help firms transform during Covid-19 pandemic
Despite the Covid-19 situation, companies are still on the look to widen their businesses, increase productive capacity or expand overseas and utilize bigger grants and expanded loan schemes, which...
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Straits Times Update: 8 out of 10 people want to work from home or have more flexibility
Straits Times Update: 8 out of 10 people want to work from home or have more flexibility Since Phase 2 has begun, workers are allowed to come back to the office but with only 50% of the total amoun...
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