View of Central Shopping Centre from Hong Lim Park.
NWC's unenviable task
The NWC will have to make its recommendations on wages soon. This time it is very likely on how to cut wages or reduce wage increases. Bet with you the people who is going to get the wage cut or wage freeze will be the workers.
We will likely see how the use of absolute sum and percentages at its best. Some will be affected by a fixed sum and some by percentages to the benefits of some and disadvantages of others.
The message is likely to be belt tightening to save jobs.