Daily Archives: 2013-02-25

Budget 2013: Real wages will increase? Disposable income drop for some?

By Leong Sze Hian I refer to the Budget 2013 speech. Employers will share productivity gains? The core strategy to increase the real wages of lower-income Singaporeans may be fundamentally flawed, because of the assumption that employers will share most of their productivity gains (even if they are achieved) with workers by increasing their wages. With rising costs from higher foreign …

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