The progressive wage model is a 'classic example' of how to raise salaries to ensure people continue to have proper living standards, says one union leader.
SINGAPORE: Union leaders and members lauded the attention to helping workers to upskill and addressed concerns from businesses following Deputy Prime Minister Lawrence Wong’s speech at the May Day Rally on Monday .
However, the level of commitment to upskilling from workers could pose a challenge, said Muhammad Shariffudin, president of the Singapore Industrial and Services Employees' Union. “It’s not say not their priority … at the back of their head they still think that the skills are important, but the thing is they have to juggle both, the time and the space that is provided for them.to attract investments from multinational corporations, as major economies mobilise large sums of money to build up their own strategic industries.
This is the first time Mr Wong, who is expected to be Singapore's next Prime Minister, delivered the keynote speech at the annual May Day Rally in place of Prime Minister Lee Hsien Loong. He spoke alongside Mr Lee at last year’s rally., assuring Singaporeans that housing is still affordable as prices have risen in tandem with incomes.
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