Singapore says employers can temporarily cut wages to save jobs

Employers in Singapore can consider implementing reasonable temporary wage cuts if such a move minimizes retrenchments, the National Wages Council said in a statement.

Published on: Oct 16, 2020, 15:04:06 IST

By Bloomberg | Posted by Arpan Rai

Prefer HTon Google

Employers in Singapore can consider implementing reasonable temporary wage cuts if such a move minimizes retrenchments, the National Wages Council said in a statement.

Commuters wearing protective face masks leave a train station during the coronavirus disease outbreak in Singapore August 17, 2020. (REUTERS)

Get the latest World News, breaking headlines and global updates from the US, UK, Pakistan, Bangladesh, Russia and other countries. Follow major international events on Hindustan Times.

Home/World News

See Less

SHARE THIS ARTICLE ON

Sign in

Cricket

World News

Cities

HT Business

Lifestyle

Entertainment

Education News

Astrology

HT Premium

Assembly Elections: Latest News

Videos

Photos

Sports

HT Insight

HT INITIATIVES

Real Estate

More from HT

Singapore says employers can temporarily cut wages to save jobs

Employers in Singapore can consider implementing reasonable temporary wage cuts if such a move minimizes retrenchments, the National Wages Council said in a statement.

Hi, {{name}}

More from HT

Singapore says employers can temporarily cut wages to save jobs

Employers in Singapore can consider implementing reasonable temporary wage cuts if such a move minimizes retrenchments, the National Wages Council said in a statement.