By: Diyana Z, Staff Journalist, Singapore
Published: 1 hour 30 min ago
SALARY
Singapore - Singapore Press Holding (SPH) has informed employees who were affected by the pay cuts introduced in 2009 that it will reimburse them the remaining portion of the cuts in January next year.
SPH will return 50% of the wage cuts and give a special one-off payout to affected staff in January next year. It will also fully restore its 4,000 employees' annual increments, profit and performance-related bonuses.
An SPH employee, Izwan*, said, "Of course, I was elated when I received news about the reimbursement. I was just about to get myself a bike when SP