Companies may further tighten employee salaries amid sluggish wage growth—HR expert warns

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

Adding to the wage stagnation is the trend of companies relocating their headquarters to countries with lower operational costs

SINGAPORE: On the back of the Ministry of Manpower’s announcement this week that the actual wage growth in Singapore has been at a low level in the past few years, with an increase of only 0.4% in the past two years, a human resource expert has warned that companies may tighten employee salaries amidst geopolitical tensions.

The current global economic landscape, marked by uncertainties such as geopolitical conflicts and the ongoing impact of climate change, is influencing corporate decisions on wage adjustments. .

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 9. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Bullish outlook on economic growth in Cambodia spurs FDI from S’pore companiesGreen energy, healthcare and agri-food are among the most promising sectors, noted speakers at the Cambodia-Singapore Business Forum.
स्रोत: The Straits Times - 🏆 8. / 63 और पढो »

'Difficult to breathe': Sentosa residents unwell from effects of oil spill; yacht companies predict lossesOne yacht company says it expects to lose about S$3,200 in a day due to the oil spill.
स्रोत: ChannelNewsAsia - 🏆 6. / 66 और पढो »

Singapore lags behind as SEA companies prioritise salary increases and promotions to retain talentSingapore’s average salary increment was just 5.8%, below the regional average
स्रोत: IndependentSG - 🏆 2. / 72 और पढो »

Egypt cracks down on tourism companies blaming them for Haj deathsCAIRO: Egypt withdrew the operating licenses of 16 tourism companies and referred them to the public prosecutor, accusing them of being responsible for the deaths of Egyptian pilgrims in Mecca, a crisis unit tasked with addressing the situation said on Saturday (June 22).
स्रोत: ChannelNewsAsia - 🏆 6. / 66 और पढो »