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Paying indecently low wages in high-cost Singapore not only dehumanises our workers, it also creates insecurity among the workforce. A wage structure that is out of kilter with productivity is inimical to long-term growth. Paying workers $3 and ministers $1,000 for an hour's work is not "market forces" - it is exploitation at its ugliest.
Legislating minimum wage for the lowest of the low-skilled employee will ensure tht workers will not be exploited. This amount must be commensurate with the cost of living in Singapore. At the moment, many of the working poor are not paid decent wages, making life for them a grinding misery. If the trend of income disparity continues to widen, society will be rendered asunder as inequality takes its toll. Not only will minimum wage legislation help to avert this crisis, it will also guarantee thta prosperity is shared by all.
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