Firms Must Notify MOM Regarding Cost-saving Plans that Affect Employee’s Salary

Firms Must Notify MOM Regarding Cost-saving Plans that Affect Employee’s Salary

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Employers will be required to notify the Ministry of Manpower (MOM) if they introduce any cost-saving measures that affect employees’ monthly salaries. “This is to encourage a sense of social responsibility and prevent downstream salary disputes,” Manpower Minister Josephine Teo said in a speech at the Singapore Business Federation on Wednesday (Mar 11). “The notifications will […]
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Date: March 12, 2020 at 12:04
Author: hrinasia – Nurlita

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