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Month: June 2009

Wage Cut

Wage Cut

The National Wage Council had informed companies to stick to their wage and bonus reduction guidelines. They had urged employers, unions and the government to press on with concerted actions to cut costs, save jobs and enhance competitiveness. Due to the high living standard, many people wanted to remain the existing or desire for a better salary range. One of my friends, Michael, had tried to reduce his employment wages in order to support his family. However his current low…

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