Posted by Chan Weng Wah, Clement, Assista
There have been a series of articles written on the pros and cons of Minimum Wage in Singapore – many have weighed in with their views. With the looming election, I am sure that some will argue for a Minimum Wage System to be implemented.
With the widening income inequality, the call for Minimum Wage is indeed alluring… Statutory minimum wages were first proposed as a way to control the proliferations of sweat shops in manufacturing industries. This is to ensure that these workers are paid a decent (read minimum) wage. Over time, it evolves into helping workers become more self sufficient – to achieve a minimum subsistence wage
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