SINGAPORE: Singapore's National Wages Council is expected to release its wage guidelines for 2009/2010 on 3 June.
The council is chaired by Professor Lim Pin and has members from government, unions and the employers' and business federations.
Channel NewsAsia understands from the Singapore National Employers
Federation that it has organised a briefing for its members on the new
set of NWC guidelines on that day.
The NWC was reconvened late last year in view of the deteriorating economic situation.
It made a set of revised guidelines in January this year and these are applicable till the end of June.
Among the recommendations are: implementing a wage freeze or wage
cut for companies affected by the downturn to stay afloat and save
jobs.
The council has said that when working out the new set of guidelines,
it will take into account the state of the economy and labour market
and the measures put in place so far to tackle the economic downturn.
- CNA/ir