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NEWS · MOM · Employment practices

NWC 2023/2024: differentiated wage guidance

MOM publication date:

What the release reports

Accepted guidelines encourage fair, sustainable adjustments according to business performance and outlook, while addressing workers’ inflation concerns.

Details and conditions

Employers were encouraged to consider a one-off payment weighted towards lower- and middle-income staff and to adopt flexible wages. Transformation and training remain important where business prospects differ.

Context and follow-up

The 2024–2025 administrator and driver wage schedules affect about 64,000 lower-wage workers, with many expected to benefit from July 2024. PWCS co-funding assists eligible increases. The release links the detailed recommendations; general wage advice differs from mandatory occupational floors.

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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