But an across-the-board minimum wage would be difficult to recommend, given the diversity of companies in each sector, said labour MP Halimah Yacob (Jurong GRC).
She is NTUC one right? Shouldn't she be arguing for the workers?
MP Heng Chee How (Jalan Besar GRC) cautioned, “But when you set it too quickly and too high, companies cannot catch up. Workers become unemployed as companies close down.”
Ya, but is he saying that our "best in the world" civil service don't know where to set it so it is not "too high"? KNN is this guy insulting our local talents trained overseas?
“It is very dangerous just to try to meet a number that applies across the board,” he added, noting that history shows overly high wage increases preceded the 1985 recession.
And overly low wages? Why be concerned with overly high, when real wage has been declining for 4 years? The problem is LOW wages, not high wages!
Manpower Minister Gan Kim Yong mounted a robust defence of the government’s decision against a minimum wage, reported ST.
He said, other Asian countries with a minimum wage are “not at all happy”. For instance, an observer in Hong Kong forecast that 100,000 low-wage jobs could be lost as employers are unable to pay their workers and they close down or move elsewhere.
Wa I thought PM always say to give value added jobs, move up the skills etc? How come this ministar is trying to defend LOW WAGE JOBS? What is his objective? He got correct policy brief or not?
And those countries which are not happy, is because the minimum wage too LOW or too high? Can exprain?
Minimum wage also remains a thorn in relations between unions, employers and the government in Taiwan, he said.
Tolong ministar... wage is always a thorn in any Union to Gahmen to Employer relations. Employer always want LOWER wages to cut costs, workers always want HIGHER wages for their time and Gahmen is always their stuck in between!
Mr Gan said, “A guaranteed level of income may remove the incentive for training for less productive workers.” Workfare, in contrast, does not risk displacing low-skilled workers because the government bears the cost, he noted.
HUH?! What this ministar talking? If your guaranteed income is LOW you will still go for higher skill training what! Ministar is thinking of a high income benchmark for all of us? So there was a recommendation for all of us to be paid USD1million a year is it?
I really expect better reasons from these highly paid people!