Singtel seeks more value from loss-making digital units

Singtel is looking at squeezing more value out of some of its loss-making digital investments, it said yesterday, alongside disclosures that its chief executive has had a massive pay cut.

Singtel CEO Chua Sock Koong's pay nearly halved, telco to monetise some loss-making digital businesses

Singtel is looking at monetising some of its loss-making digital investments, its leadership confirmed in an annual report out on Wednesday, which also revealed a big pay cut for its chief...

UOB CEO's pay for 2018 rises 12% to $10.56m

SINGAPORE - United Overseas Bank (UOB) chief executive Wee Ee Cheong was paid $10.56 million in 2018, up 12 per cent from the $9.4 million he got in 2017.

8 in 10 Singapore CFOs struggle to hire qualified finance professionals: Survey

SINGAPORE - More than eight in 10 (83 per cent) of Singapore's chief financial officers (CFO) find it challenging to source qualified finance professionals, according to a survey by recruitment...

Expecting hefty bonus? Don't get your hopes up

More than two in 10 employees surveyed by recruitment firm Randstad Singapore expect bonuses worth three to five months of their salaries this year.

Landscape gardener out to grow wages by doing courses

The monthly pay of landscape gardener Kee Soon Tiong, 60, has risen by $500 from what he received nine years ago. But while these earnings cover the basics, they are not enough for treats like...

Highly skilled workers' pay set to jump with talent crunch

A HIGHLY-SKILLED employee in the manufacturing, financial services or the TMT (technology, media and telecommunications) industry in Singapore can expect to be paid an extra US$29,100 (S$39,500)...

Wage increases must be sustainable: NWC members

Wage rises must be sustainable so that companies can remain competitive, members of the National Wages Council (NWC) said yesterday, in releasing the council's wage guidelines for the year ahead...

NWC calls for pay hikes for more low-wage workers

Low-wage workers should be given a rise in monthly pay of between $45 and $60 this year, said the National Wages Council (NWC).

National Wages Council calls for raises for workers whose firms do well, low-wage workers

SINGAPORE - Employers that are doing well and facing good business prospects have been urged by the National Wages Council (NWC) to reward their workers with built-in wage increases and variable...