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Report on Wage Restructuring

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Report on Wage Restructuring
 

In response to the National Wages Council’s call for companies to restructure their wage systems to improve wage flexibility and competitiveness, the Government set up the Tripartite Taskforce on Wage Restructuring to drive the wage restructuring process.


The Taskforce, comprising key representatives from the Singapore National Employers Federation (SNEF), the National Trades Union Congress (NTUC), and the Government, commenced deliberation in July 2003.

 

The Taskforce formed five Working Groups to help in its work. One working group was tasked to formulate generic wage models, and measures and options that companies and unions can adopt to restructure their wage systems.


The recommendations of this working group formed the basis of the Taskforce Report.

2003