Only 32,000 take home less than WP's proposed $1,300 minimum wage

[Sinkie]

Let’s discuss with illustration:
With minimum wage, a worker earning $1000 will now earn $1300 -> 30% increase.

Due to cost of living increase, food, clothing, etc increase by 20%.
However, not all his expenses are derived from items dependent on low-wage manpower that became more expensive.
As such, instead of spending $900 monthly on expenses such as food and bills, he spent $1000.

Net effect, this low wage worker now have $300 disposable income rather than the previous $100.

Using the concept of the above hypothetical illustration, a minimum wage will very likely give a low-wage worker higher disposable income, thereby improving his standard of living.

To make the argument that people should work more jobs/more hours, are just devious. People are not machines, we cannot just “on” for more hours. Rather, we should strive towards helping those with lower standard of living achieve a better one, with more disposable income, so that they can live a better life.

This is in a perfect Edmw bbfa world. If each job min wage is $1600, then I work hard and do 3 jobs, that’s like $4800 per month, perfect

 

[RedEyesFan]

But those who earn more will pay more tax, isn’t it better this way taxpayer also bear a portion of the workfare scheme? These employer who you say are exploiting low wage worker pay tax too, and also corporate tax as well

End of the day, the low wage worker still get their wage and has their job, if the wage is not enough, then the low wage worker can find 2 or even 3 jobs

And also at end of the day, low wage workers are still being exploited and taxpayers' money are being used to pay for the problems caused by the low wage exploiters while said exploiters not having to pay additional taxes.

These exploiters are private companies. If they wanna privatize profits, they should privatize the cost. Pointless use of taxpayers' money will allow PAP to unreasonably justify new tax policies which will cost the workers way more and make things less sustainable for the workers in the long run. Keeping things budget neutral prevents PAP from abusing tax policies to fatten their own kakis' wallets.

 

[daylight]

32k is still alot of ppl. $1300/mth how they survived, how much extra $$$ can they get from govt

 

[halocast]

1300 seriously....

this pay 10 years ago already paying... now still 1300.. crazy..

 

[Sinkie]

1300 seriously....

this pay 10 years ago already paying... now still 1300.. crazy..

$1300 is take home

 

[sunzoner]

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.

God. Do you know what is confirmation bias?

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.

Do you understand how economy works? How labour works? and how our foreign talent policy stacks the cards against our workers?

And please, GDP can be pushed up without increasing labour demand. How? Go study economic please.

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.

This is propaganda, repeated. Singapore is not the only city-states in this world. Singapore just happen to t

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?

PAP has taken the world highest pay. If they cannot deliver the world best outcomes, as voters, we have the right to be unhappy.

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.

PAP has proven that it is the same-old same-old.

You can be unhappy with what WP's have to offer. That is your right as a voter.

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.

Has PAP delivered the outcome comparable to their pay?

If WP fight on gaps in PAp policies, no problem, but dont make poor policies on basis of helping the poor.

PAP's policy gap that is revealled now is the 32,000. PAP offers no solution, while WP offered Min wage.

"poor" policy compared to no policy.

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.

Going by PAP's policies justiifcation, it has failed. For example, why does MOE educated "world class" graduates lose out to Foreigners with degrees from lower placed schools?

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.

Unemployment is very low. But wage remains lower then those with higher unemployment? You have a very poor understanding of labour economics.

Or of course, defender got to defend.

 

[tokiya]

Funny to read all the posts describing how it's okay for public taxpayers to pay and allow private companies to earn profit, then if got min wage suddenly economy will collapse like that lololol!

Let's put it this way, if Singapore collapses from imposing a min wage at 1.3k, it means fundamentally our economy is built on the exploitation of labour.

All these IB painting doomsday scenario really look down on our economy? No faith in our economy and leaders to still grow while implementing min wage?

 

[Shdwfalcon]

Workfare actually doesn't really help the low wage workers. What it simply does is using taxpayers' money to pay for the problems caused by low wage employers while said employers do not have to pay any additional tax for the problem they caused.

In short, privatizing profits, socialize the cost.

That's how pap and their croonies run. They take taxpayers' money and plug it into whatever hole pops out. The who point is to pacify the commoners while continuing to let the rich benefit from the commoners.

 

[Sinkie]

Funny to read all the posts describing how it's okay for public taxpayers to pay and allow private companies to earn profit, then if got min wage suddenly economy will collapse like that lololol!

Let's put it this way, if Singapore collapses from imposing a min wage at 1.3k, it means fundamentally our economy is built on the exploitation of labour.

All these IB painting doomsday scenario really look down on our economy? No faith in our economy and leaders to still grow while implementing min wage?

Singapore will not collapse but cost of living might go up, so can the poor tahan?

 

[Apex01]

Singapore will not collapse but cost of living might go up, so can the poor tahan?

You think cost of living will go up by how many percent?

 

[tokiya]

Singapore will not collapse but cost of living might go up, so can the poor tahan?

Min wage = cost of living definitely go up?

Even economists dont dare to make such a statement as fact.

 

[Sinkie]

Min wage = cost of living definitely go up?

Even economists dont dare to make such a statement as fact.

Might is not “equal to”, LOL

Go re-read

 

[boredom2012]

Let’s discuss with illustration:
With minimum wage, a worker earning $1000 will now earn $1300 -> 30% increase.

Due to cost of living increase, food, clothing, etc increase by 20%.
However, not all his expenses are derived from items dependent on low-wage manpower that became more expensive.
As such, instead of spending $900 monthly on expenses such as food and bills, he spent $1000.

Net effect, this low wage worker now have $300 disposable income rather than the previous $100.

Using the concept of the above hypothetical illustration, a minimum wage will very likely give a low-wage worker higher disposable income, thereby improving his standard of living.

To make the argument that people should work more jobs/more hours, are just devious. People are not machines, we cannot just “on” for more hours. Rather, we should strive towards helping those with lower standard of living achieve a better one, with more disposable income, so that they can live a better life.

Cost of living increase everyday. 20 years ago take bus cost only 50 cents. Now double. Implementing min. Wages will not increase 20%. The government should reduce levy to offset impact.

 

[boredom2012]

Whats wrong with getting more money?

So you like to fatten other people pocket with your own money. Those taxes collected also belong to you. Dumb sinkies

 

[sunzoner]

So you like to fatten other people pocket with your own money. Those taxes collected also belong to you. Dumb sinkies

I believe your unhappiness is directed wrongly. The sentence is a quote from somebody. Do you know who?

 

[Wu-Han Clan]

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.

jskm your google econs... your education what background one?

 

[Mecisteus]

Min wage = cost of living definitely go up?

Even economists dont dare to make such a statement as fact.

Potentially to go up.

https://www.economicshelp.org/labour-markets/disadvantages-minimum-wages/

Like I said, there will always be pros and cons to each policy.

 

[WC32890]

32k is still alot of ppl. $1300/mth how they survived, how much extra $$$ can they get from govt

32k out of 5 million is how many %. Please la. Just coz majority of the 32k congreagate here does not mean it is the norm.

 

[WC32890]

1300 seriously....

this pay 10 years ago already paying... now still 1300.. crazy..

Malls still packed, restaurant still long queue, property prices still chiong, COE prices still chiong. Why is there a problem?

 

[OddEye]

Why 1.3k i think 2k is fairer