Over the past two years, we have seen the impact the pandemic has had on many businesses and jobs. This has underscored the need for resilience and wage flexibility. As we navigate our way through recovery, employers should consider adopting the Flexible Wage System (FWS), recommended by the National Wages Council (NWC). The FWS is a nimble and competitive system that helps companies respond quickly to changing business situations.
Join their webinar on 25 May 2022 to understand how a good compensation system is structured. Their speakers from 8-List HR Consultancy and Raffles Hotel Singapore will also share how including FWS into your compensation system can help you better react during a downturn to better manage your costs, increase job security for employees and reward them according to business performance.