Unionised workers’ layoffs up 76% last year: NTUC

January 22, 20141:03 pm274 views
Unionised workers’ layoffs up 76% last year: NTUC
Unionised workers' layoffs up 76percent last year - NTUC

SINGAPORE: Some 2,900 unionised workers in Singapore were laid off in 2013 — a 76 per cent spike from 2012, when about 1,650 unionised workers were displaced.

About 90 per cent of total retrenchments in the unionised sector came from manufacturing.

The labour movement, the National Trades Union Congress (NTUC), attributed this to firms relocating operations out of Singapore, or the shutting down of production facilities.

It expects some 200 layoffs in the first quarter of 2014.

Average basic wage increases for unionised firms was 4.25 per cent in 2013, comparable to 2012’s wage increases.

The labour movement expects workers to continue to see pay rises in 2014, given the tight labour market.

 

source: channelnewsasia.com

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