What the release reports
The Government accepted NWC guidelines urging fair wage increases or variable payments aligned with productivity and the outlook. Near-term cost pressures required attention to sustainability.
Details and conditions
A flexible wage system allows adjustment during downturns and restoration with recovery. Employers should combine transformation with upskilling for higher-value work.
Context and follow-up
PWM, the Local Qualifying Salary and the Progressive Wage Mark support lower-wage workers. Eligible increases can receive PWCS co-funding during the scheme’s 2022–2026 support period. Detailed NWC recommendations are linked in the release; recommendations and occupation-specific statutory floors are different instruments.
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 ↗