SUBSCRIBERS
SingPost to cut, freeze upper-level management pay as part of Covid-19 measures
Published Wed, Mar 4, 2020 · 09:50 PM
Singapore
POSTAL services provider SingPost will be rolling out pay reduction and freezes for upper-level management staff starting on April 1 as part of temporary Covid-19 measures
A hiring freeze will also be implemented across the whole organisation with immediate effect, except for essential roles subject to approval, a SingPost spokesman told The Business Times on Wednesday.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses
Exxon misses on Q1 profit despite big gains in Guyana
US FDA approves Pfizer’s gene therapy for rare bleeding disorder
Chevron's quarterly profit beats estimates
EU toughens rules on Chinese fashion retailer Shein
Keppel prices 70 million euros of floating-rate notes due 2031