Transitional support, cost-sharing key to PWM's success

Singapore

THE slew of recommendations by a tripartite workgroup to uplift 283,000 lower-wage workers could exert heavy cost pressures on companies, underscoring the critical need for transitional support measures by the government, said industry watchers on Monday.

The Singapore National Employers Federation (SNEF), which is part of the workgroup chaired by Senior Minister of State for Manpower Zaqy Mohamad, said it strongly supports the recommendations, but added that there are two key concerns raised by employers.