Leveraging Progressive Wage Model to enhance workplace safety
DeeperDive is a beta AI feature. Refer to full articles for the facts.
IN SEPTEMBER 2022, following a spike in workplace fatalities, the Ministry of Manpower implemented a slate of “heightened safety” measures that continued until May 2023.
Imposing this “heightened safety period” was effective as an urgent call for employers to put safety first.
The annual death rate for every 100,000 workers fell to 0.8 during the first six months of 2023 – half the rate of 1.6 deaths per 100,000 over the first half of 2022.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report