Retail Workers Eligible for New Round of Pay Increases Under Progressive Wage Model
SINGAPORE, AUG 11 – Lower-wage retail workers will receive annual wage increases of up to 6% from 2025 to 2028 with co-funding support for employers to ease adjustment to higher labor costs.
Summary by Channel News Asia
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Retail workers eligible for new round of pay increases under Progressive Wage Model
With government co-funding to buffer the wage increases, there is "no reason" for employers to pass on the full costs to customers directly, says Minister of State for Manpower Dinesh Vasu Dash.
·Singapore
Read Full ArticleMore than 53,000 retail workers to see wage increase of at least $130 from Sept 1
Over 53,000 retail workers can expect an increase in wages effective Sept 1, the Tripartite Cluster for Retail (TCR) announced on Monday (Aug 11). The new set of progressive wage model (PWM) recommendations for the retail sector includes an increase of at least $130. The PWM was first introduced in 2022. From Sept 1, retail workers will earn at least...
·Singapore
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Total News Sources4
Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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