SINGAPORE is looking to recognise companies that voluntarily adopt the progressive wage model (PWM) in sectors where it is not currently compulsory, such as food services and retail trade, Manpower Minister Josephine Teo said. Read more at The Business Times.
"Companies that voluntarily pay progressive wages and provide job progression pathways to their lower-income workers will be recognised with this PWM Mark," she said.
Mrs Teo said:"Although we have not legislated a single minimum wage across the board, we have in fact implemented features of a"Minimum Wage +" through the PWM in several sectors. "Had a national minimum wage been set at S$1,593 instead of boosting his income with SEC and Workfare, would the worker still have a job? Perhaps, if the labour market is very tight but perhaps not when economic conditions take a dive," she said.
By raising the salary requirements, this sets a higher bar over time that EP holders must reach to work in Singapore, while pushing EP holders at the lower end down to the S Pass-level where there are quota controls.
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