Abstract
In the context of Singapore's ageing population, the employment of large numbers of low-skilled foreign workers is proving to be a major challenge to inclusive growth because of the stagnation of low-wage workers' incomes. In order to address this problem, the author makes the case for introducing a minimum wage to complement existing in-work benefit schemes. After addressing the commonly voiced objections to a minimum wage system, he suggests ways in which a minimum wage could be implemented in Singapore. New measures to enhance the social safety net and foster more sustainable economic growth are also proposed.
| Original language | English |
|---|---|
| Pages (from-to) | 107-123 |
| Number of pages | 17 |
| Journal | International Labour Review |
| Volume | 152 |
| Issue number | 1 |
| DOIs | |
| Publication status | Published - Mar 2013 |
| Externally published | Yes |
Keywords
- Singapore
- economic development
- low income
- migrant worker
- minimum wage
- wage differential
- wage policy
ASJC Scopus subject areas
- Strategy and Management
- Organizational Behavior and Human Resource Management
- Management of Technology and Innovation
