Low-wage workers deserve pay hike: NTUC
It will be a win-win situation, asserts union.
Wage increases and strong employer support are the key to growth, the National Trades Union Congress emphasized in a statement released May 30.
The organization asserted that workers earning a basic monthly salary of up to $1000 should be granted a built-in wage increase of $60.
“We believe that the continued application of these quantitative guidelines, will further contribute to real and sustainable wage growth for this group of workers,” the NTUC stated.
The NTUC also encouraged employers to reward workers through variable wage components and called for a faster implementation of the Progressive Wage Model (PWM), which is designed to upgrade the skills, productivity, job prospects, and wages of workers in all sectors, including PMEs and the re-employed.
According to the NTUC, “We will continue to press on with our unionised companies to raise individual worker as well as company productivity so as to make every worker a better worker and every job a better job.”