Survey on 2009/2010 Recovery Actions
survey on Financial Crisis, Pay and Actions conducted in
January 2009 reported some rather negative findings. Since
then, business dipped further but, fortunately, signs of
recovery are beginning to appear.
A few companies are experiencing some recovery and even the
Government, who has been advising caution, is somewhat less
pessimistic and has just upgraded their forecast to a 4 to
6% decline (from their earlier 6 to 9% contraction) for this
years GDP growth.
Most companies would have implemented their annual wage
increase or freeze actions by now. So it is timely, once
again, to carry out the fax survey update.
Hopefully, many of you will continue to experience more
substantive signs of a recovery and are looking to increase
wages and start recruiting again as part of your recovery
preparations. But as everyone seems to be saying this is no
time to be complacent so it is essential to check out what
others are planning and doing.
besides the usual wage/bonus/recruitment data, we like to
find out more specifically how the Jobs Credit and SPUR
initiatives are benefiting companies and also what other
fallout effects companies are experiencing and what they
need to continue to do for the longer term.
you wish to purchase a copy of the report, please contact
Sathish at 6438 0012 or email