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National Wages Council (Wage Guidelines for 2017/2018 (Deepen Skills and…
National Wages Council
Definition
NWC is a tripartite advisory body on wage adjustments comprising of representatives from the three social partners – employers, trade unions and the Government.
Role
The NWC meets every year to deliberate and forge national consensus on wage and wage-related matters.
It formulates guidelines on wage policies and wage adjustments that are in tandem with Singapore’s long-term economic performance and prospects.
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