9 in 10 companies slam current wage guidelines

33% believe that the format will incur higher wage costs.

In a survey by the Singapore Human Resources Institute, only 9% of 167 companies prefer to retain the existing National Wages Council's format, most companies feel improvements are necessary and their specific comments are:

include more representations & guidelines from different industry sectors - 74%
get feedback from industry associations & focus groups more pro-actively – 66%
broaden scope to cover business costs limits – 42%
do away with NWC totally – 2%

Here's more from SHRI:

Regarding NWC's wage guidelines for low wage workers, most companies (78%) are in agreemen with the current formatt; 12% are not sure and only 7% disagree.

64% of companies expect little or no impact concerning the guidelines, while 33% believe that the guidelines are likely to incur higher wages costs.

The good news is that 68% of companies plan to re-design to enrich job quality and career ladders; 57% will provide special soft skills/learning training while 44% plan to improve work culture/trust, collaboration & respect for workers and 19% will provide targeted counseling/mentoring/buddy services.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia