Background & Objectives
The National Wages Council (NWC) was formed in 1972, at a time when Singapore was undergoing a period of rapid industrialisation, which had resulted in rising wage expectations. There were concerns that high wage expectations would lead to serious industrial disputes, which could dampen the investment climate and adversely affect the economic progress of Singapore.
The NWC was thus set up to formulate wage guidelines to be in line with long-term economic growth, so that Singapore’s economic and social development would not be undermined.
Composition
The NWC is a tripartite body comprising representatives from the three social partners – the employers, the trade unions and the Government.
The Council meets every year to deliberate and forge national consensus on wage and wage-related matters. It issues guidelines on these matters every year based on the tripartite consensus reached during the deliberations. More info here.
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The NWC Guidelines for 2023-2024 Read More The NWC Guidelines for 2021-2022 Read More The NWC Guidelines 2020-2021 Addendum Read More The NWC Supplementary Guidelines for 2020-2021 Read More The NWC Wage Guidelines For 2020-2021 Read More The NWC Wage Guidelines For 2019-2020 Read More The NWC Wage Guidelines For 2018-2019 Read More The NWC Wage Guidelines For 2017-2018 Read More The NWC Wage Guidelines For 2016-2017 Read More The NWC Wage Guidelines For 2015-2016 Read More The NWC Wage Guidelines For 2014-2015 Read More The NWC Wage Guidelines For 2013-2014 Read More The NWC Wage Guidelines For 2012-2013 Read More The NWC Wage Guidelines For 2011-2012 Read More The NWC Wage Guidelines For 2010-2011 Read More The NWC Wage Guidelines For 2009-2010 Read More The Revised NWC Wage Guidelines For 2008-2009 Read More The NWC Wage Guidelines For 2008-2009 Read More The NWC Wage Guidelines For 2007-2008 Read More The NWC Wage Guidelines For 2006-2007 Read More The NWC Wage Guidelines For 2005-2006 Read More The NWC Wage Guidelines For 2004-2005 Read More |
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