Singaporean Government Accepted National Wages Council (NWC) Guidelines for 2019/2020 With Open Arms In a recent press release on 30 May 2019, the Singaporean government has welcomed and accepted the National Wages Council (NWC) Guidelines for 2019/2020. The National Wages Council (“NWC”), convened in April and May 2019, has formulated structured wage guidelines for the…
Structured Training for Staff in Singapore – The Way for More Growth and Productivity Employers in Singapore are being urged by the National Wages Council (NWC) to provide more structured training for their staff. NWC believes that structured training for staff in Singapore is the way forward if an employer wants to see more growth…
Labour Market Report Advance Release 1Q 2019 – An Overview on Employment Rates and Retrenchments Regardless of the indication of the economy facing a little turbulence in 2019, initial readings indicate that the market is still standing strong. Employment rates were going up whilst retrenchments remain unchanged. However, employment rates amongst residents went up as…
Singapore’s Real Total Wages in 2019 Might Not Be as Optimistic as Last Year While Singapore’s employment scene faced strong growth in 2018, upping the real wages to 4.2% last year, Real total wages in 2019’s prospects might not be as promising. Economists are predicting a less than optimistic outcome for Singapore’s labour market in…