http://www.channelnewsasia.com/stories/singaporelocalnews/view/1258284/1/.html
With on-going calls for Singapore to have a minimum wage concept, the labour movement believes the Republic's own model of minimum wage is taking shape.
Speaking during the Budget debate in Parliament on Wednesday, NTUC secretary-general Lim Swee Say said the Singapore model is made up of three components.
The first component is the Workfare Income Supplement (WIS) for all workers earning below $1,900.
Hence, WIS is a way of topping up the salaries of these workers.
The second is the Workfare Training Support (WTS) scheme where low-wage workers' skills are upgraded quickly.
The third component is the labour movement's progressive wage system where four factors are pulled together to improve the workers' well-being.
These are skills, productivity, career path and the workers' wages.
"With the WIS, WTS and Progressive Wage Model, we believe we now have a minimum wage model. In fact, it's more than a minimum wage model whereby we can maximise the upside of low-wage workers and at the same time minimise the downside," said Mr Lim.
The labour chief also said that the labour movement is encouraged by the government's three-year transition support package for companies to restructure.
He said he is more confident this time round that productivity will take place because the government has decided to tighten on the increase of foreign manpower.
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