Progressive wage at Singapore security sector's door
It will be a licensing requirement for the industry from Sept 1, 2016
Singapore
AFTER two years of talks, the proposals for a progressive wage model for the security industry are finally drawn - and accepted by the government. But it will be another two years before workers in the industry see their pay, careers and working conditions improve.
A key proposal made by the NTUC-led Security Tripartite Cluster (STC), the architect of the model, is the mandatory requirement for security agencies to embrace the progressive wage model (PWM) when applying or renewing a licence to operate. The government says this will take effect only from Sept 1 , 2016.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing
South Korea’s public finances no longer a credit rating ‘strength’: Fitch
UK consumer confidence improves as inflation and taxes fall
Inflation in Japan’s capital falls below BOJ target, slows for second month