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Higher S Pass salary alone won't help local workers: economists
Low productivity gains stand in way of higher salaries; firms may also opt to automate
Published Thu, Jul 15, 2021 · 09:50 PM
Singapore
RAISING the minimum salary for S Pass holders is unlikely to benefit local workers, unless more action is taken, economists have told The Business Times.
Still, watchers welcomed the proposal as a necessary step to wean Singapore employers off lower-cost foreign labour, in the shift towards a higher-skilled economy.
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