Will minimum wage laws work here?

[kel666]

what has natural resources got to do with implementing a minimum wage?

ya lor, those companies are not for any natural resources when they decide to come here at 1st.

 

[cheesetalk]

depends on gov of the day

 

[cheesetalk]

ya lor, those companies are not for any natural resources when they decide to come here at 1st.

come here is good ...

 

[cheesetalk]

ever since the floodgate ish open, i am the minority in every job i do. The best scenerio ish out of 7 employees, there are 3 sinkies including myself.

agree gao gao ...

 

[oldbreadstinks]

If they give lower wage, people would not work for them and companies do need human resource. If there is a minimum wage, people who give lower than the minimum wage would have to increase their wages and icnrease their business costs BUT at the same time, companies who have gave more than the minimum wage can reduce it to just the minimum wage since it is deemed by the govt that we can survive with this minimum wage.

Which one do you prefer now? to be much much more than the minimum wage or just the minimum wage?

The issue with the min wage is we currently have.an exploited group who needs a.min wage to survive.

And their situation is caused by multiple factors . One of them namely influx of foreigner labour .

Both have to be tackled at the same time or if the employer has the option to pick a cheaper foreigner its going to be another LPPL situation.

 

[kel666]

Quote me one study. Just ONE. That describes what you and spitfirxe have been trying to describe.

i also don't know what they talking lol. Those things they said is already happening in one way or another lol

 

[Some-one]

Quote me one study. Just ONE. That describes what you and spitfirxe have been trying to describe.

Why not you quote yours first? First, you said that there are disadvantages to min wage and it is not what we have wrote here. Why not just say the disadvantages since you are here defending it vigorously?

 

[Nichi]

now the market rate for cleaners= 600-800, rate for waiters= 1000-1200, rate for cashiers= 900-1100, rate for kitchen helpers= 1000, rate for admin/clerks= 1000-1300.

These are the examples tat need the min wages most.

minimum wage system doesnt distinguish between the positions.

how it works is just 1 minmum sum across the board.

i.e they set the minmum wage at $900.

dont care what position you are, cleaner, waiter, construction worker, minimum salary have to be $800

 

[cheesetalk]

exactly. even construction workers. it is no wonder that no locals would want to work in those industries.

cost of living keeps rising like no body's business, birth rates decline, fueled with stop at 2 policy, it is just a matter of time where pure singaporeans extinct

 

[oldbreadstinks]

Seriously, if you increase the wage of a cleaner at hawker center, your price of food also increase by folds...
Maybe you might say targeted group, if a worker at a food factory get a minimum wage, then the end user eventually get the effect...
Really not a good law...
In singapore, it is not practical...
This will also mean that pinoy and AT will earn more...

Then you're going to have to explain why a law meant to protect sinkies included other groups as well?

At and pinoy should open their eyes big big by the time they're thinking of coming here.
Why the food price is going to increase is to help the poorer group. Not allow business owners to earn more. The middle class cannot think its the govt's responsibility alone . Want to jiak people dont want to pay.
When the poorest segment gets paid they'll beable to cycle the money up since most are living hand to mouth in an expensive country not so for the middle class who wants to enjoy life and buy nice stuff to use together on their next trip to spend in europe japan or even shopping in jb.

Society as a whole must move forward. Dont blame the pap for controlling you if you have this kind of mentality

 

[kel666]

minimum wage system doesnt distinguish between the positions.

how it works is just 1 minmum sum across the board.

i.e they set the minmum wage at $900.

dont care what position you are, cleaner, waiter, construction worker, minimum salary have to be $800

i think everyone here doesn't know where to apply min wage.

For example cleaner earns 800 now, waiters, cashier, kitchen helper and those low skilled earns below 1200. Can they break the 1200 mark? No, not even in a lifetime. So by setting the min wage to 1500, they can benefit from it. No need for any pay raise since 1500 is already the highest they can get from it.

If u wanna argue wat companies will increase costs bla bla bla, tats business, there will always be some not increasing, they will have competition among themselves, it happens everywhere everytime.

Above its just an example, min wages needs to be review every few years, just like the laws in US.

But given the inflexible stupidity outdated thinking of our PAP gov, its a long way to go.

 

[tsuyuri]

the fugging rent so high u still implement minimum wages some shops will die.

so actually it's the fugging rent. and the rent = pap.

so fug pap.

 

[Okenba]

Why not you quote yours first? First, you said that there are disadvantages to min wage and it is not what we have wrote here. Why not just say the disadvantages since you are here defending it vigorously?

Here. Do your googling for you.

Disadvantages of Minimum Wages - Economics Help

I'm not defending minimum wage. I started off absolutely curious why anyone would think that introducing minimum wage would cause employers to choose to lower their wages. I am still puzzled.

As I mentioned in a previous post, I can understand if you are arguing from the pov of increase in business costs causing employers to need to push down other wages, but that is not what you have been trying to describe.

 

[oldbreadstinks]

It is basically capitalism. Business owners would want to pay as much less as possible. It's their business. Of course, they would want more money from their business. There are also no source or facts backing that minimum wage is effective except that there are countries doing it.

Everyone wants to pay less not just business owners which is why the law must be in place to protect the people from exploitation

Which part of that do you not understand? Or do you with this understanding of how business owners think, think the poor min wage workers can rely on business owners to treat them better ..... which would counter your point in the first place

 

[klap_hanz]

the root of our problem now is the rampant giving out of S-Passes and E-Passes to the foreigners who wanna come work in S'pore, they are the ones competing with local sinkies for PMET jobs...

 

[kel666]

Everyone wants to pay less not just business owners which is why the law must be in place to protect the people from exploitation

Which part of that do you not understand? Or do you with this understanding of how business owners think, think the poor min wage workers can rely on business owners to treat them better ..... which would counter your point in the first place

i think he thought if its implemented, it will be left alone lol. We need other laws to perfect it also.

 

[oldbreadstinks]

this will indeed affect my future earnings, but it will affect the poor much more.

I can always earn money from many other markets and people.

But if collectively, the bosses don't let the money flow back, the employees suffer the most.

Bosses will always still have accumulated wealth to sustain. Just as you said, I suck the well dry, but I have collected all the water that well has to offer.

So who will die off first?

Which is why min wage laws must be comprehensive . And not just humtam a min wage for lip service.

Why let a rich man come in to earn if it doesnt bring wealth or services to singapore ? Thats dumb.

Less red tape for businesses to come in to set up business and hire foreigners and do sinkie business? For what?

 

[Meat Bao]

Minimum wage is not good.

It is just an artificially imposed floor level.

Price control.

It has no real basis in its fundamentals.
In other words, it is a superficial measure which will fail and will have negative consequences.

Poor people should have access to "means of productions" to really achieve an improvement.

I think we have to look at the choking and suffocating effects of GLCs like Temasek and all those companies.

If there is a more vibrant SME sector, wealth will be better distributed and there will be less rich-poor gap.

 

[tsuyuri]

i think those service staff like from mac getting measly $4-$5 per hr is modern slavery.

 

[oldbreadstinks]

And so you are saying that companies will not give too low a wage now because they need to attract people to work for them. True. They need to pay enough to attract people.



Meaning that you do think that there are companies now who are paying less than minimum wage. So some workers will benefit from minimum wage.



Yes, they can. But if the wage is not competitive, then just like your first scenario, they are forced to raise wages to the point where people will be attracted to work for them.

People are not going to magically think that a low wage is desirable just because there is a minimum wage.



The way I see it, the question should be
Which one do you prefer? To have some workers below and some above minimum wage, or Have some workers at and some above the minimum wage?

Caveat: There ARE disadvantages to minimum wage. I just don't think this is one of them.

Its called the min wage because thats the lowest rate. But you shouldnt go below.

Pay is likely not going to double but maybe go up by $1-200


If $100 per worker is enough to kill your company something has gone wrong somewhere to let you find so many cheap workers in sg