Friday, June 22, 2012

Minimum wage for specified sectors

The NTUC chief gave this reasons why he opposed minimum wage for specified sectors. He had also opposed a general minimum wage.
http://www.todayonline.com/Singapore/EDC120622-0000047/Raising-wages--Use-a-ladder,-not-a-floor

Although there are difficulties in a minimum wage system, many countries have overcome them, including Hong Kong. These difficulties are exaggerated. 

1 comment:

  1. It's sad that after so many years, we are still competing on the low end.

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