In recent years, there have been calls for the government to impose a minimum wage to help the low income workers who have seen their take home pay remaining stagnant for for over a decade, the latest coming from Mr Tan Kin Lian in a speech made at Hong Lim Park last Saturday.
A minimum wage is the lowest daily, hourly or monthly wage that employers may legally pay to employees or workers. Equivalently, it is the lowest wage at which workers may sell their labor.
Supporters of the minimum wage claim that it increases the workers’ earning power and protects them against exploitation by the employers. They argue that the widening income disparity between the rich and the poor in Singapore merits a relook at the minimum wage to prevent the low-income workers from being trapped in a vicious cycle of poverty.
Read full article here:
http://wayangparty.com/2008/12/09/a...-more-pain-than-relief-to-low-income-workers/
A minimum wage is the lowest daily, hourly or monthly wage that employers may legally pay to employees or workers. Equivalently, it is the lowest wage at which workers may sell their labor.
Supporters of the minimum wage claim that it increases the workers’ earning power and protects them against exploitation by the employers. They argue that the widening income disparity between the rich and the poor in Singapore merits a relook at the minimum wage to prevent the low-income workers from being trapped in a vicious cycle of poverty.
Read full article here:
http://wayangparty.com/2008/12/09/a...-more-pain-than-relief-to-low-income-workers/