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Salaries

Nearly 240 foreign workers owed up to 2 months’ pay; MOM investigating 2 firms

The Migrant Workers’ Centre met 230 migrant workers to understand their needs on Oct 19 and 20.
The Migrant Workers’ Centre met 230 migrant workers to understand their needs on Oct 19 and 20.

Forum: Include migrant workers in recommended pay rise

National Wages Council recommends 6-8% pay rise for lower-wage workers, sets new company category

(From left) NTUC assistant secretary-general Melvin Yong, NTUC president K Thanaletchimi, National Wages Council chairman Hsieh Fu Hua, MOM permanent secretary Stanley Loh and SNEF president Kuah Boon Wee at a press conference on Oct 19.
(From left) NTUC assistant secretary-general Melvin Yong, NTUC president K Thanaletchimi, National Wages Council chairman Hsieh Fu Hua, MOM permanent secretary Stanley Loh and SNEF president Kuah Boon Wee at a press conference on Oct 19.

10 people charged in separate cases over false declarations involving CPF or salary contributions

MOM reminds all employers and employment agencies that work pass fraud is a serious offence under the EFMA.
MOM reminds all employers and employment agencies that work pass fraud is a serious offence under the EFMA.

HSBC moves to Wall Street bonus model, cuts fixed-pay deals

The London-headquartered bank will switch to the new pay system at the start of 2028, according to a memo seen by Bloomberg News.
The London-headquartered bank will switch to the new pay system at the start of 2028, according to a memo seen by Bloomberg News.

From 2016 to 2025, performance bonus for political office-holders ranged from 2.5 to 6 months

 The National Bonus ranged from 0.75 to 5.63 months between 2016 and 2025.
 The National Bonus ranged from 0.75 to 5.63 months between 2016 and 2025.

Parliament approves increases to salaries of President, Speaker of Parliament and Deputy Speakers

Leader of the House Indranee Rajah proposed the changes in three parliamentary motions on Oct 6.
Leader of the House Indranee Rajah proposed the changes in three parliamentary motions on Oct 6.

Radiant World misses salary payments for employees in September

A number of banks have cut Radiant World off since Bloomberg first reported in July on creditors’ concerns that the iron ore trader had been raising money using falsified documents. 
A number of banks have cut Radiant World off since Bloomberg first reported in July on creditors’ concerns that the iron ore trader had been raising money using falsified documents. 

SGX CEO Loh Boon Chye’s pay rises 7% to $8.37m as exchange delivers standout year

Singapore Exchange chief executive Loh Boon Chye’s raked in $8.37 million in total pay for the financial year ended June 30,
Singapore Exchange chief executive Loh Boon Chye’s raked in $8.37 million in total pay for the financial year ended June 30,

Three more Embed Financial employees file salary claims with TADM, bringing total to nine

The Tripartite Alliance for Dispute Management told ST that it received the additional claims between Sept 4 and Sept 23.
The Tripartite Alliance for Dispute Management told ST that it received the additional claims between Sept 4 and Sept 23.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.