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NWCC Now Preparing Report Regarding Minimum Wage for Cabinet

1 min read

The National Wage Consultative Council (NWCC) is now preparing a report to Cabinet on the suggested changes in minimum wage after the council met at the end of June.

Human Resources Minister Steven Sim Chee Keong said NWCC, a tripartite council consisting representatives from employers, employees and the government discussed the findings of the minimum wage.

Minimum wage report for cabinet

“Minimum wage, is it important? It is very important, I have seen the data, statistics, research. We are talking about those in the bottom 10 at least, have a positive wage growth of up to 60 per cent in the last ten years because of minimum wage policy.

Sim however stressed that the government do not believe in raising wages using law alone and should raise wages by fiat alone although minimum wage mechanism is crucial and is seen having positive effects in the bottom 10.

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