So there was an Op-Ed piece in yesterday’s ST by Han Fook Kwang, no less, which seems to say that the union movement made a u-turn in their policy on having a mandatory minimum wage. How many times must say liao, that it is not a minimum wage? NTUC never u-turns, understand? It might upturn once in a while, with a song, even, but never u-turn, can?
Besides, Lim Swee Say has been saying things in favour of the Progressive Wage Model since he was Environment Minister, and that was a long time ago.
But seriously though, even if I can’t prove conclusively that having a mandated minimum wage across sectors would sabotage the economy, I think that the progressive wage model is quite a good idea. Pegging wage increases (which already come with public assistance) with job and skill enhancements and pouring public funds into assisting training programs so that employers adopt them sounds good enough for me to support it.
I just hope the usual naysayers would take a closer look at what the Progressive Wage Model entails and how much public funding is going into supporting lower waged workers before they criticise every quarter for not helping. And then if they still must say nay, try to come up with a better alternative.