About the Talk
The National Wages Council (NWC) renewed its call for employers to implement the flexible wage system (FWS) in its 2020/2021 Supplementary Guidelines issued on 16 Oct 2020.
Adopting a sustainable and agile wage structure would also give businesses a competitive advantage over competitors and complement Singapore’s efforts to ensure its long-term economic future.
A flexible wage system (FWS) is one way employers can take a long-term view of manpower needs as it will contribute to employers’ cost competitiveness, and provide greater job security for your employees in the long run.
Learn more from our experienced Advisors on FWS.