Higher pay rise expected: Swee Say
-
Jul 22, 2010 - Straits Times
Higher pay rise expected
But care must be taken to ensure wage system is not rigid: Swee Say
WORKERS can look forward to higher wage increments this year, but labour chief Lim Swee Say cautioned yesterday against reverting to a rigid wage system when this happens.
He did not speculate on the quantum but said workers could expect to be rewarded 'fairly', given the strong rebound and tight labour market.
'But in the process, we have to make sure that we do not make our wage system rigid,' he said on the sidelines of a conference on service excellence.
'We must continue to spread our total wage increase into three baskets: the fixed increase, monthly variable as well as the annual variable. In this way, we reward workers based on their contribution and performance, yet at the same time, get ready for the next rainy day that may happen some time in the future.'
With the economy's rebound, analysts and unionists contacted previously said workers could expect increases of between 3 per cent and 5 per cent this year.
Mr Lim noted that with the rebound and strong demand, employees in some sectors were also having to work harder.
-
Higher pay expected for the ministers.
-
Election coming.
-
wah lau.. employees don't cut employee's pay already a blessing... still hoping for a raise ?
maybe in Civil Service...
you are damn right TS.... Ministers' Payroll sure going higher.... lol.
-
bozoo.....
-
Alemak what is he trying to fool?
Employees get increment from employers and the companies.
He has no power at all.
-
can we have a few foreign ministers
really
cos they shoild be cheaper, better and faster
-
salary don't went down
expensive don't went up
can hide 1 side laugh already
really