, Singapore

National Wages Council mulls up to $65 salary increase for low-income earners

On back of the uncertain economic environment.

The city-state’s wages body believes that there is merit to give special consideration to low-wage workers, as it further builds on efforts to uplift their incomes.

According to the Ministry of Manpower, the national wages council recommends that employers grant low-wage workers a built-in wage increase in the form of a dollar quantum and a percentage.

“This will give the low-wage workers in the firm a higher percentage built-in wage increase; employers grant a built-in wage increase of $50 to $65 for low-wage workers earning a basic monthly salary of up to $1,100,” the release said.

Meanwhile, the body also suggested that employers rant an equitable and reasonable wage increase and/or one-off lump sum based on skills and productivity for low-wage workers earning above $1,100.

Additionally, the NWC also will review the continued need for quantitative guidelines for low-wage workers annually, taking into careful consideration factors such as Singapore’s economic performance, competitiveness, labour market conditions, productivity performance, and progress on outcomes for low-wage workers. 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!