Wages

Firms that are unprofitable get a new category, with a S$120 minimum increase

Real cash earnings climb 1.5% in August from a year earlier, labour ministry data shows

New research has found that they are correlated with higher pay

The surge in energy prices have pushed up market bets for ECB rate hikes

The gap in overall pay between men and women stood at 6.9% in April last year

Failing to keep salaries competitive could leave the Republic short of good leadership, he adds

The benchmark salary for starting-grade MR4 ministers will rise to S$1.8 million a year, among other changes

The indicator could be included in National Bonus targets, but analysts are divided on what should be included

The government also agrees to explore including a ‘robust’ quality-of-life measure in the framework