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%

México Noticias Noticias

México Últimas Noticias,México Titulares

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. .

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 9. in MX
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

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.
Fuente: The Straits Times - 🏆 8. / 63 Leer más »

'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.
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »

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
Fuente: IndependentSG - 🏆 2. / 72 Leer más »

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).
Fuente: ChannelNewsAsia - 🏆 6. / 66 Leer más »