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Videographic: Report on Wage Practices 2016

Fewer firms were profitable in 2016 compared to 2015. As the majority of firms had put in place some form of flexible and performance-based wage system that gave flexibility to adjust wages according to business conditions, total wage increase continued to moderate. The proportion of employers that gave wage in​creases to their employees also fell in 2016, resulting in a slightly lower proportion of employees with an increase in total wage.

For more information, please refer to the full ​Report On Wage Practices 2016

Last updated on 30 May 2017 11:23:21
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