Videographic: Wage Practices in Singapore 2016

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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 increases 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