Wage increments shaped by market forces, not just guidelines: Employers and labour watchers

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A fall in labour productivity, a softer demand outlook and competition for workers are some challenges employers face. Read more at straitstimes.com.

SINGAPORE – The confluence of a fall in labour productivity, financial challenges and a softer demand outlook could make it a stretch for some employers to implement the range of pay increasesFor example, those in the manufacturing sector may find

it difficult to implement the proposed increment range due to these reasons, said Mr Melvin Tan, vice-president and honorary secretary of the Singapore Manufacturing Federation.Easy access any time via ST app on 1 mobile deviceResend verification e-mail

 

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