SINGAPORE — The National Wages Council (NWC) has urged struggling firms to raise the monthly pay of lower-wage workers by at least 5.5 per cent while calling on businesses that are faring better to give larger pay rises. This is a bigger pay rise than it recommended last year.
In its annual guidelines issued on Monday (Nov 14), the council said it came to its recommendations after taking into account Singapore’s economic recovery from the Covid-19 pandemic and the uncertain global…