Need to boost wage-productivity link


I RECENTLY attended a seminar on the implementation of minimum wages in Asean countries, South Korea and Japan organised by the Human Resources Ministry.

It is quite eye-opening to note that almost every Asean country has either implemented minimum wages or is planning to do so. This is a stark contrast to not so long ago when governments saw minimum wages as a Western concept and akin to a welfare state.

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Government , unioneyes/column

   

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