In its latest wage guidelines, the National Wages Council (NWC) recommends companies that are doing well to increase their employees' pay. Future pay increments should also be made according to the companies’ performance and prospects.
Productivity is one of the key themes in NWC’s recommendations this year. NWC encourages companies to give out productivity incentives and bonuses, as a way of including the employees in their productivity gains. On the other hand, management should work on adopting practices that promote productivity, so as to reduce dependence on low-skilled foreign workers.