30 Apr '11, 12pm

Wage hikes this year will be higher than inflation rate

Wage hikes this year will be higher than inflation rate

WAGES this year will go up by more than last year's increase, said labour chief Lim Swee Say on Saturday, a day after the National Wages Council (NWC) released its recommendations for the year. The NWC on Friday recommended higher wage increases in line with stronger economic performance and a one-off lump sum payment to help workers better cope with the higher cost of living. Mr Lim told reporters after attending several community events in East Coast GRC, that the total wage increase this year is also expected to be higher than the inflation rate, which is expected to come in at around four per cent overall. He is anchoring the People's Action Party (PAP) five-member team, who includes Transport Minister Raymond Lim, Minister of State Lee Yi Shyan, Senior Parliamentary Secretary Maliki Osman and one-term MP Jessica Tan. The Workers' Party's (WP) team contesting the GRC c...

Full article: http://www.straitstimes.com/GeneralElection/News/Story/ST...

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