Platform work

Minimum fare for Grab drivers to rise by S$0.50 to S$5.80 from Nov 24

It follows Grab’s recognition of the NTUC-affiliated National Taxi Association to represent taxi drivers on its platform

Creating a class of “platform workers” distinct from employees would make it easier to understand the legal protections available, says MOM.

Seen and supported: Why data is indispensable for the platform economy

Strong national data and international collaboration could turn this critical workforce from invisible to included

MOM notes that Grab’s participation in the workgroup “sends a strong signal” on platform operators’ commitment to working with the government and labour movement.

New work group to address foreigners doing delivery jobs illegally, unauthorised hitch services

It will also look into other challenges that platform workers face, such as a lack of income stability

Incentives under the revised scheme, called Grab Monthly Bonus, would have been broadly reduced.

Grab to pause changes to driver incentive scheme following backlash

The company says the revisions could have been ‘better implemented’

The Platform Workers Bill was introduced in Parliament in August this year, with the protections for platform workers in Singapore expected to kick in from Jan 1, 2025.

CPF payments to platform workers projected to cost about US$368 million over next 5 years: report

This excludes other costs, such as workplace injury compensation insurance, which is estimated to reach US$32 million a year

Ng Chee Meng (left), secretary-general of NTUC, and Yee Wee Tang, managing director of Grab Singapore, at the launch of GrabBenefits 2.0.

Grab to set aside S$4 million for driver and rider benefits

It will also sponsor six months of association memberships for new member sign-ups

The Platform Workers Act introduces one of the world’s first frameworks that treats platform workers as a distinct category with tailored protection.

Platform workers deserve better protection – and Singapore is leading the way

Beyond newly passed legislative changes, consumers have a role to play

The Bill may mean increased business costs for platform operators, says Senior Minister of State for Manpower Koh Poh Koon. However, he adds that these costs are “no different” from those incurred by employers who already provide such safeguards for their employees.
THINKING ALOUD

Reflecting the true cost of deliveries is good for investors

Investors will be better appraised of what they have bought into, and will be clearer on the value proposition of the platforms