Welfare Dependent, Independent and Interdependent Economy
Welfare Dependent, Independent and Interdependent Economy
Welfare dependent economy (Singapore Alliance 1963)
Depends on Singapore Government for welfare
Employee Class A, B, C, D and Special Grade Leader pay is very low. Food, Water, Utilities, Transports, Education, Medical and so on is free or subsidy. Workers enjoy pension scheme. Low salary attracts investors.
The government will fund their SME.
Low abilities to purchase imported product and national currency are very low. National incomes are main come from tax or natural resources.
Welfare independent economy (People Action Party 1965)
Not connected or related to Singapore Government for welfare
Employee Class A, B and Special Grade Leader pay is very high. Most of their money is saves to purchase properties, share or investments. They like to spend money at overseas and imported products. Their personal income had been tax for welfare.
Employee Class C and D pay is very low. They are not depending on Government Welfare but they are depending on total family income and saving. Many of their jobs had been taken by imported cheap labor. Workers live in hire and fire contracts scheme.
Only long term jobless and hardship are consider poor.
Welfare Interdependent economy (Post 65 Twenty One Century Generation Party)
Within Depend on Singapore Government Welfare
GIC, GLC and Listed Company will allocate 3% of gross income for social welfare.
Employee Special Grade Leader pay is depends on market value. Most of their money is saves to purchase properties, share or investments. Their personal income had been tax for welfare.
Employee Class A, B, C and D pay are reasonable and depend on hard work, performance and market needs. Salary, Job Scope and Working Condition are interdependent on Employment Act. CPF, Family Welfare and Pension benefit are paid by employer insurance. They had ability to purchase local services and products. The reasonable income make them to purchase by generate more GST and local economy demands. Quality Work life attracts quality work and investors.
Welfare Dependent, Independent and Interdependent Economy
Welfare dependent economy (Singapore Alliance 1963)
Depends on Singapore Government for welfare
Employee Class A, B, C, D and Special Grade Leader pay is very low. Food, Water, Utilities, Transports, Education, Medical and so on is free or subsidy. Workers enjoy pension scheme. Low salary attracts investors.
The government will fund their SME.
Low abilities to purchase imported product and national currency are very low. National incomes are main come from tax or natural resources.
Welfare independent economy (People Action Party 1965)
Not connected or related to Singapore Government for welfare
Employee Class A, B and Special Grade Leader pay is very high. Most of their money is saves to purchase properties, share or investments. They like to spend money at overseas and imported products. Their personal income had been tax for welfare.
Employee Class C and D pay is very low. They are not depending on Government Welfare but they are depending on total family income and saving. Many of their jobs had been taken by imported cheap labor. Workers live in hire and fire contracts scheme.
Only long term jobless and hardship are consider poor.
Welfare Interdependent economy (Post 65 Twenty One Century Generation Party)
Within Depend on Singapore Government Welfare
GIC, GLC and Listed Company will allocate 3% of gross income for social welfare.
Employee Special Grade Leader pay is depends on market value. Most of their money is saves to purchase properties, share or investments. Their personal income had been tax for welfare.
Employee Class A, B, C and D pay are reasonable and depend on hard work, performance and market needs. Salary, Job Scope and Working Condition are interdependent on Employment Act. CPF, Family Welfare and Pension benefit are paid by employer insurance. They had ability to purchase local services and products. The reasonable income make them to purchase by generate more GST and local economy demands. Quality Work life attracts quality work and investors.
