Progressive wage
http://dbpedia.org/resource/Progressive_wage an entity of type: Building
The Progressive Wage Model (PWM), also known as the progressive wage for short, is a wage structure in Singapore, advocated by the country's labour movement, in which led by the National Trades Union Congress (NTUC), the sole national trade union in Singapore. The objective of introducing the Progressive Wage Model is to increase the salaries of workers through the enhancement of skills and improving productivity. As of 2021, the Progressive Wage Model has been estimated to have covered around 85,000 workers in the country, with an estimated aim to reach up to 218,000 workers.
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Progressive wage
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The Progressive Wage Model (PWM), also known as the progressive wage for short, is a wage structure in Singapore, advocated by the country's labour movement, in which led by the National Trades Union Congress (NTUC), the sole national trade union in Singapore. The objective of introducing the Progressive Wage Model is to increase the salaries of workers through the enhancement of skills and improving productivity. Progressive Wage is enforced via business licensing, as opposed to legislation. This model was designed to enable rank-and-file workers to climb the wage ladder, and provides for a minimum wage. This would then lead to higher wages for the worker and improved overall productivity which helps sustain economic growth. As of 2021, the Progressive Wage Model has been estimated to have covered around 85,000 workers in the country, with an estimated aim to reach up to 218,000 workers.
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