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

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.

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

16 Oct 2020 10:50pm
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.

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