SUBSCRIBE: Newsletter

Human Resources

Toggle

Article

National Wages Council announces new chairman

HR Masterclass from Human Resources magazine: High-level HR strategy training workshops
led by the world's most respected HR thought leaders & strategists.
Review the 2019 programme here »

The 2015/2016 National Wages Council (NWC) will convene in April and May this year under their new chairman, Peter Seah, to develop its annual wage and wage related guidelines.

Succeeding Professor Lim Pin, Peter Seah  served as the deputy chairman of the 2014/2015 NWC, a press release from Ministry of Manpower (MOM) stated.

Seah is currently the chairman of DBS Group Holdings and DBS Bank, and chairman of Singapore Health Services Pte Ltd and LaSalle College of the Arts Limited.

“I thank Professor Lim for his leadership and guidance as chairman of the NWC,” Tan Chuan-Jin, Singapore’s current Minister for Manpower said.

“Through tripartite partnership, the NWC continues to play an important role in guiding sustainable wage adjustments for Singaporeans. Mr Peter Seah has a wealth of experience and a distinguished record of service, and I am confident in his Chairmanship of the important work of the NWC.”

MOM encouraged Singaporeans to share their views on what could be included in NWC’s annual wage recommendations, as well as other wage-related issues.

It highlighted feedback received will be considered by the NWC as part of its deliberations.

“In its deliberations on wage guidelines, the NWC considers factors such as Singapore’s economic performance, as well as the domestic and global economic outlook,” the press release stated.

“At the same time, the NWC takes into account Singapore’s economic competitiveness, labour market conditions, inflation, and productivity growth.”

Image: Shutterstock

HR Masterclass from Human Resources magazine: High-level HR strategy training workshops
led by the world's most respected HR thought leaders & strategists.
Review the 2019 programme here »

Read More News

in All markets by

未來支薪四大趨勢

隨著2019年臨近,Ascender最近發佈的白皮書顯示支薪系統備受關注的重大趨勢。..

in All markets by

Is it ok to show emotions at work?

About half of workers have admitted to crying at work, but only 38% said it's acceptable as long as it's not an everyday occurrenc..

Trending

Leave a Reply

You must be logged in to post a comment.