04 October 2020
The senior management of Singapore’s six autonomous universities have taken a pay cut in sympathy with the grave economic situation facing the country.
Each of these 6 universities have also stepped up financial relief in the past few months by encouraging donations and setting up funds for students affected by bleak economic climate.
A spokesman from the Ministry of Education said: “As publicly-funded national institutions, the AUs play an important national role in educating Singaporeans. The AUs stand together in solidarity with the rest of the nation during this difficult period.”
The move by the universities follows the National Wages Council’s recommendation that employers adversely impacted by the current economic climate can consider reducing wages – and have their management lead by example – to cut costs and save jobs.
In a similar fashion, the Public Service Division announced earlier in June that public officers in superscale grades will take a one-time 0.5-month or one-month pay cut in accordance with their seniority.