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NEWS · MOM · Press releases

NWC 2021/2022: restoring wages during recovery

MOM publication date:

What the release reports

As recovery differed across industries, accepted guidelines encouraged recovered or recovering employers to ease exceptional pandemic wage measures.

Details and conditions

Flexible wage structures and differentiated lower-wage increases balance meaningful gains with firms still facing headwinds. A guidebook assists implementation.

Context and follow-up

Business transformation and transitional wage-cost support accompany the recommendations. The source links the annual guidelines and infographic; they describe the recovery period, not an identical mandatory increment for every company.

Official attachments and further guidance

Official source

This report is independently written from the MOM release dated above. Case status, policy announcements and historical figures refer to that release.

Read the complete MOM release ↗

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