1. Employment Relations in Singapore
All these were part of the government's cost cutting package to cushion the impact of the Asian economic crisis on businesses. ... Management also build flexible wage system into their pay structures to compete in this economy downturn and is willing to give employees company stocks in lieu of cash or cash bonuses, thus freeing some cash flow. ... This arrangement allows employees to carry out their work at a location away from the conventional office, either in the employees' home, satellite offices or neighborhood work centers. ... For companies whose business is cyclical in na...
- Word Count: 2266
- Approx Pages: 9
- Grade Level: Undergraduate