None of the bosses will do anything unless forced to. Why abandon a tried and proven way of earning money esp when the law allows for it?
PAP had once tried to do something. For example,
Indonesia–Malaysia–Singapore Growth Triangle was a way PAP tried to solve the problem. Aka force employers to upskill the workforce, move low skilled manufacturing to our neighbors and bring in high skilled jobs. The high skilled jobs are very much wanted all over the world and countries are in a (grant) bidding war to attract the businesses.
But, PAP was unable to pull in the high skilled jobs (at that time) nor was it able to upgrade the existing workforce (of the time).
At this point, I will bring in PAP education which have failed Singapore as Singaporeans are trained to vomit knowledge but are unable to innovate (all young innovators are discouraged by model answers). Without the ability to innovate, we have no inventions and is a follower in job creation.
Plus, the Government had a high degree of control in the economy through the GLC, TLC, and SLF-Linked companies. It had relied on these government companies and MNCs to "build-up" the economy. With Government crowding out locals, there is no room for Singaporeans to innovate and do business. An example is the NTUC and the 1st bubble tea craze. Are you old enough to remember the first buddle tea craze and NTUC's entry into that market?
So... IMHO, the problem of low wage workers can be traced to policies made by PAP and is tied up with too many other things. It is hard to resolve and there is no political will to resolve it.
Of course, this problem is faced globally by all countries, nobody have a real way to solve it. PAP which pride itself as the best and most capable Government in the world, have to solve it or risk looking to be overpaid and greedy idiots.
hais...theres a lot of confirmation bias here...but is ok, i know you feel that PAP has failed you, or singaporeans, or there can be a better future. No problem~ I just wan to say, PAP didnt cause low wage workers, There will always be normal distribution of wages, spectrum of poor and rich.
SMEs constitute a large part of any economic models, including ours, and hire a large part of normal people like you and me. A labour market - is a matching of skill set, Demand and supply of companies. A boss / employer doesnt seek out to exploit workers, they seek to maximise profits, at least in Sg context, an employee has a conscious mind to accept a job at a pay. If you dont like the pay, you can change job to another one that matches your salary expectation. That is why we need to chase GDP to set up more biz and companies, to enable more demand for labour in the market.
PAP, sets the ground work infrastructure for biz to set up here, with lower tax, good educated local pool, and relevant education. The competition is on a global level, with the increase in talent pool / infrastructure from our neighbours. We are NOT living in an enclave, with only ourselves. Our limitations are real, our talent pool is so limited and with no natural resources. We do have innovation, and lots of start up, but really, the talent pool in this area is low, due to our small population.
PAP is not god or an all knowing, there are definately trade-offs and gaps in their policies making. The way forward for SG is not to subscribe to these populist leftist ideals, or thinking we made it, we are there attitude, so why cant we be like the west?
Our limitations is forever here, make a conscious decision to implement policies that gives us more option. PAP definately need a revamp and refinement, hope LHL retire, and allow a new gen to take lead. IF PAP cannot make it, WP's direction now is even worst off.
For pay justification - i can only say, the worst part is for the army/civil personnel, for private sector talents, it really is comparable. There should be more banding and also a hard KPIs to be publicised according to the ministry. PAP need to try their own product, like skills future, digitisation, mycareershub, labour market discrimination by hiring agencies. They seem to be out of touch and wasteful.
If WP fight on gaps in PAp policies, no problem, but dont make poor policies on basis of helping the poor. ANd lastly, dont keep saying the education system fail, the education system is adapting and changing per employment requirement, you can say is slow or reactive, but it doesnt fail. Why? because unemployment is low, very low at global standards. Of course, then you will say, there is grab, insurance agent, RMs etc. These people make conscious decision to enter a trade or an honest living. No one force them, if there really is a forced decision for a sector, you will encounter a serious wage deflation in that sector.