Companies may consider temporary wage cuts to minimise retrenchments: National Wages Council | Video

Business

Channel NewsAsia - Business

Bookmark

Singapore

Companies may consider temporary wage cuts to minimise retrenchments: National Wages Council | Video

(Updated: )

Companies that have already exhausted other cost-saving measures should consider implementing temporary wage cuts, but only to the extent needed to minimise retrenchments, said the National Wages Council (NWC) on Friday (Oct 16). Chloe Choo reports.

mostpopular