To help retailers cope with the increase in costs, the Government will co-fund 75 per cent of the salary increase for workers. - Bloomberg
SINGAPORE (The Straits Times/Asia News Network): Local retail workers are set to get salary increases of 8.4 per cent to 8.5 per cent annually over the next three years under a proposed wage ladder to boost low wages in the sector.
This is expected to take effect from Sept 1 this year to Aug 31, 2025.
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