Appreciating work value equitably
THIS WEEK'S TOPIC: To help uplift Singapore's lower-wage workers, does the progressive wage model (PWM) need to be supplemented by perhaps a minimum wage?
Add BT as a preferred source
THIS WEEK'S TOPIC: To help uplift Singapore's lower-wage workers, does the progressive wage model (PWM) need to be supplemented by perhaps a minimum wage?
Victor Mills Chief Executive Singapore International Chamber of Commerce
A minimum wage would certainly help but it is not nearly enough. What is needed is an entirely different approach to how we view jobs. For far too long, office or white-collar jobs have attracted remuneration far above the value of many such jobs to society. This has depressed the status and perceived value of jobs essential to the functioning of any society. The pandemic continues to demonstrate the proof of this contention. We say we want a more equal society. We have to be prepared to pay for it to attract more people to the jobs which society needs.
TRENDING NOW
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Singtel H2 net profit down 20.9% at S$2.2 billion; telco open to Aussie minority partner in Optus
Apex court rejects resulting trust claim in 99-1 condo dispute
Singapore shipping veteran, SBF chair Teo Siong Seng and others accused by US of price fixing
