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?
Chief Executive Officer
As the migrant community makes up the bulk of Singapore’s lower-wage workers, it is important to acknowledge the difficult circumstances they face. They must constantly worry about making ends meet for their families back home while working in onerous manual labour jobs. Thus, implementing a minimum wage on top of the PWM would go a long way in reducing the weight on their shoulders.
Additionally, more can be done by the government and enterprises to enhance the living standards of lower-wage workers, by ensuring accessible healthcare and improving financial literacy for better money management.