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Singapore is the only oddball among the 1st world nations not to have min wage rules!

kojakbt

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From wikipedia (we're the only screwball among the 1st world nations not to have any min wage requirements):
  • Australia - 543.78 Australian dollars per week; set federally by the Australian Fair Pay Commission[4]
  • Austria - the accepted unofficial annual minimum wage is €12,000 to €14,000[4]
  • Belgium - €1,387.49 a month for workers 21 years of age and over; €1,424.31 a month for workers 21 and a half years of age, with six months of service; €1,440.67 a month for workers 22 years of age, with 12 months of service; coupled with extensive social benefits[4][7]
  • Canada - set by each province and territory; ranges from C$8.00 to C$10.00 per hour
  • Taiwan - NT$17,280 a month; NT$104 per hour[4]
  • Denmark - negotiated between unions and employer associations; 100.65 kroner, according to the terms of the country's largest collective bargaining agreement, negotiated in the spring of 2008 and covering almost the entire industrial sector[4]
  • Finland - the law requires all employers, including nonunionized ones, to pay minimum wages agreed to in collective bargaining agreements; almost all workers are covered under such arrangements[4]
  • France - €8.82 per hour; €1,337.70 per month for 151.67 hours worked (or 7 hours every weekday of the month)[19]
  • Germany - for construction workers, electrical workers, janitors, roofers, painters, and letter carriers; set by collective bargaining agreements in other sectors of the economy and enforceable by law[4]
  • Greece - €680.59 a month[22]
  • Hong Kong - bill for city-wide minimum wage introduced[25]
  • Iceland - minimum wages are negotiated in various collectively bargained agreements and applied automatically to all employees in those occupations, regardless of union membership; while the agreements can be either industry- or sector-wide, and in some cases firm-specific, the minimum wage levels are occupation-specific[4]
  • Ireland - €8.65 per hour[27]
  • Israel - approximately 47.5 percent of the average wage, or 3,850 Israeli new sheqel per month[4][29]
  • Italy - instead set through collective bargaining agreements on a sector-by-sector basis[4]
  • Japan - ranges from 618 Japanese yen to 739 yen per hour; set on a prefectural and industry basis[4]
  • South Korea - 3,770 South Korean won per hour; reviewed annually[4]
  • Luxembourg - €1,570.28 per month for unqualified workers over 18; €1,256.22 for those aged 17–18; €1,177.71 for those aged 15–17; €1,884.34 for qualified workers[33]
  • Netherlands - €1,398.60 per month, €322.75 per week and €64.55 per day for persons 23 and older; between 30-85% of this amount for persons aged 15–22[36]
  • New Zealand - NZ$12.75 per hour for workers 18 years old or older, and NZ$10.20 per hour for those aged 16 or 17 or in training; there is no statutory minimum wage for employees who are under 16 years old[37]
  • Norway - wages normally fall within a national scale negotiated by labor, employers, and local governments[4]
  • Portugal - €470 per month for full-time workers, rural workers, and domestic employees ages 18 and older[4][43]
  • Singapore - no laws or regulations[4]
  • Spain - €633.30 per month[47]
  • Sweden - set by annual collective bargaining contracts[4]
  • Switzerland - a majority of the voluntary collective bargaining agreements contain clauses on minimum compensation, ranging from 2,200 to 4,200 francs per month for unskilled workers and from 2,800 to 5,300 francs per month for skilled employees[4]
  • United Kingdom - £5.80 per hour (aged 22 and older), £4.83 per hour (aged 18–21) or £3.57 per hour (under 18 and finished compulsory education)[50]
  • United States - the federal minimum wage is US$7.25 per hour; states may also set a minimum, in which case the higher of the two is controlling
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

hello mr
if pap make minimum wages law
the one who benefit will be the foreigners
what little paid sinkies get, they will be fired, and replace with FT.

if you care for sinkies, you should said let pass law to protect sinkies jobs first, then next year, let bring in minimum wages.

you bring the cart first in front of the horse.
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

PAP ministars interested only with million dollar Ultra World wages, while sinkies are left with third world wages!
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

hello mr
if pap make minimum wages law
the one who benefit will be the foreigners
what little paid sinkies get, they will be fired, and replace with FT.

if you care for sinkies, you should said let pass law to protect sinkies jobs first, then next year, let bring in minimum wages.

you bring the cart first in front of the horse.

make sense...
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

PAP ministars interested only with million dollar Ultra World wages, while sinkies are left with third world wages!

The PAP ministers have minimum wages, whereas we workers, the citizen of SINGkingpore; regardless of race, language or religion, must accept the lowest possible wages & maximum productivity.

We must be CHEAPER, BETTER & FASTER!!!!:rolleyes:
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

Another article that proves the effect of sinkie behavior. What a shame!!!
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

Eh... hello, since when is Singapore 1st world? MIWs may think they live in a 1st world country but not in reality.
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

Eh... hello, since when is Singapore 1st world? MIWs may think they live in a 1st world country but not in reality.

MIW is 1st world.

the rest 3rd world. only time i m 1st world is when i go stay at the genting 1st world hotel.
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

Minimum Wage is the not the monster that some people are making it out to be. It is extremely mild in comparison. Minimum Wage is to be used in conjunction with other measures (increase in foreign worker levies, productivity growth, cutting overhead costs, etc.) and not alone. These slew of measures will raise real GDP and real income growth and hence the living standards of Singaporeans.

Proposing the complete removal of levies and relying on dependency ratios is like dropping an economic bombshell equivalent to an economic coup.

No Singaporean worker will support it. Even the factory worker knows he will be severely disadvantaged immediately and a few may even get fired. It will lead to discrimination of the Singaporean worker in the medium to long term, especially if his work is disrupted by NS.

Very few university professors, trade unionists, human resource practitioners, forum letter-writers will support it. I am very sure even employers may join in to condemn it.

Pricing mechanism are flexible. It can be adjusted quickly to market conditions. Using brute force like manipulating dependency ratios is inflexible and may lead to collapse of companies.
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

PAP is the one that wants us to think of minimum wage as a monster.

PAP go to hell:oIo:
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

quick math, and putting it in Singapore dollars (context).

543.78 Australian dollars = 689.179722 Singapore dollars a week in Oz.
that's $2718.9 a month.

€ 12 000 = 23 004.4182 Singapore dollars a year. (Austria)
that's $1917~ a month.

17 280 Taiwan dollars = 756.914887 Singapore dollars a month.

using 678.5 Japanese yen = 10.728136 Singapore dollars per hour. (Japan)

UK£ 5.80 = 12.2560077 Singapore dollars per hour. (UK)

7.25 U.S. dollars = 10.1463737 Singapore dollars (USA)

..........................

now, how and where do Singapore compared? taking into account the situation over in those countries and here locally.
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

hello mr
if pap make minimum wages law
the one who benefit will be the foreigners
what little paid sinkies get, they will be fired, and replace with FT.

if you care for sinkies, you should said let pass law to protect sinkies jobs first, then next year, let bring in minimum wages.

you bring the cart first in front of the horse.

lol good point on ft benefiting!
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

Minimum Wage will not lead to an immediate collapse of wages for Singaporean workers as total scrapping of foreign worker levies will.
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

let's be fair here.
Its nice to point out Sinkieland has no min wages. It'll be more helpful if someone give info on VAT & Personal Tax of these countries which dole out minimum wages.
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

let's be fair here.
Its nice to point out Sinkieland has no min wages. It'll be more helpful if someone give info on VAT & Personal Tax of these countries which dole out minimum wages.

Don't worry, 10% GST coming soon for Singapore...
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

Don't worry, 10% GST coming soon for Singapore...

10% 10% lah.

makes the calculations easier also.
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

Not screwball at all. We are the only intelligent nation with the political guts not to succumb to such an anti-market policy.

From wikipedia (we're the only screwball among the 1st world nations not to have any min wage requirements):
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

Oh my goodness! Did you guys mistake the dole for Minimum Wage?

Or did you guys mistake Minimum Wage as defined by SDP/RP/NSP as state welfarism?

On the contrary, don't you guys think having baby-gods to lord over businesses under the varying dependency ratio scheme is extreme socialism?
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

Singapore gahment only believes in paying high wages to prevent corruption and attract talent.
 
Re: Singapore is the only oddball among the 1st world nations not to have min wage ru

Singapore gahment only believes in paying high wages to prevent corruption and attract talent.

singapore government is like class 95fm. they hear only the good stuff.
 
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