SBF: $60 pay-raise for losers too high! Businesses Buay Tahan!! Help!!

[JohnTan]

Low-wage workers should be asked to take a $60 wage cut instead, so that the businesses can pull through the tough times. If wages rise ahead of productivity, companies will pull out and jobs would be lost. Workers should think of the big picture, instead of always being so self-centred and demand for wage increases.

The Singapore National Wages Council (NWC) has issued a proposal to employers in Singapore to give a pay raise of S$60 for all low wage workers. In their proposal, they have also re-defined “low-wage workers” covering anyone who earn S$1,100 a month on a full time basis. Previously, only those who earned S$1,000 and below are considered as “low-wage”.

It is unknown how the NWC arrive to the definition of “low-wage”. In 2013, a survey on poverty by the National University of Singapore (NUS) revealed that a “working poor” is someone who earns less than S$1,920. You may read more findings of the NUS report here.

A typical low-wage worker on S$1,100 a month will take home only S$880 after CPF deductions, well below the “working poor” wage of S$1,920 as defined by NUS.

The Singapore Business Federation (SBF) however voiced their opposition against the S$60 wage growth saying that wage increment is already ahead of productivity growth because productivity growth declined by 0.8% while wages grew 4.9% in 2014.

The Chief Operating Officer of SBD, Victor Tay said:

“We have seen also in our Singapore Business Federation’s survey that a lot of businesses are facing thinning margins and … many of them are actually making losses now. So I think where this S$60 increment may seem as if it is small in quantum, but actually in proportion to their overall business costs, it has actually become huge, and in certain sectors, we have seen manpower costs in their business costs becoming 50 over per cent or so.”

Do you agree with Victor Tay that S$60 increment is too much for our low-wage workers?

http://statestimesreview.com/2015/05/30/sbf-raise-opposition-to-s60-increase-for-low-wage-workers/

 

[GoldenDragon]

Agree. They should work without salary.

 

[halsey02]

Buay Tahan, smack the forehead....this is 2015, we celebrate 50 years as a Nation, the workers here, are still f$%#$^&k by these bosses, backed by the government endorsed by a "tooth pick thief"...omg!..singapore gong kia50!!

Have heard this for such a long time...productivity, productivity...& ......make plenty of $$$, must provide for bad & doubtful debts, lose money, loss sharing...must take pay cut, take the lowest salary possible, cut bonus, cut overtime, cut allowances..."potong...." ( you know what also)!!.

In the meantime, management...go complain MOM etc...ask & bless by them to replace Stikerporeanss, with FT...no need to pay a lot of extras...like CPF, maternity etc....& complain locals low in productivity...but government ministers pay peg to the highest in the land...their productivity? make grave mistakes...never commit harakiri, not even SACKED..still around collecting the same pay..

Singapore workers...you are always f#$^^%^ked...

 

[zeddy]

Increasing their pay to a measly $60.. That $60 will still go back to Pappy coffers after CPF reduction from their monthly gross salary...

 

[halsey02]

Increasing their pay to a measly $60.. That $60 will still go back to Pappy coffers after CPF reduction from their monthly gross salary...

$60 - 20% ($12) = $48, spend that $48, add 7% = $3.36. -$3.36 poorer, ok that $12, is yOUR MONEY....for your future, whose FUTURE? theirs or yours?...one invalid tells us that CPF is not OUR money, but theirs... so we are actually working for the "poor".

 

[xpo2015]

Low-wage workers should be asked to take a $60 wage cut instead, so that the businesses can pull through the tough times. If wages rise ahead of productivity, companies will pull out and jobs would be lost. Workers should think of the big picture, instead of always being so self-centred and demand for wage increases.

Scumbag cheapskates Asians employers cannot afford miserable 60 bucks increments mean you are running a shitty business. Resign lah!

Angmos employers gave their employees at least 70,000 salaries per year and cut their own million dollars salaries.

Angmos still the best!!!

 

[eatshitndie]

should be $69.

 

[xebay11]

Low-wage workers should be asked to take a $60 wage cut instead, so that the businesses can pull through the tough times. If wages rise ahead of productivity, companies will pull out and jobs would be lost. Workers should think of the big picture, instead of always being so self-centred and demand for wage increases.

Hey twit, if businessman fail to innovate and improve their business to be able to pay the workers, they should not even exist as it proves that they are not innovative and competitive enough, by allowing such businesses to exist, the country will cease to exist one day as competition swallows the whole nation up. Root out non-competitive businesses or else Singapore will be overtaken one day.

In the 90s I ran such a business and cried the same wolf, in those days the government told us "no cheap wages" shape up or ship out, I took their advice and invested in property and sold the business and assets, today I am happily living on rental off our great foreign talents, life is good.

If the stupid Sbf had those days keep asking for cheap labour, I would still be in the same shitty business, keep needing cheap labor, luckily I diversified instead. Being a landlord is so much more profitable not to mention afford me easy living.

 

[JohnTan]

Hey twit, if businessman fail to innovate and improve their business to be able to pay the workers, they should not even exist as it proves that they are not innovative and competitive enough, by allowing such businesses to exist, the country will cease to exist one day as competition swallows the whole nation up. Root out non-competitive businesses or else Singapore will be overtaken one day.

In the 90s I ran such a business and cried the same wolf, in those days the government told us "no cheap wages" shape up or ship out, I took their advise and invested in property and sold the business and assets, today I am happily living on rental off our great foreign talents, life is good.

If the stupid Sbf had those days keep asking for cheap labour, I would still be in the same shitty business, keep needing cheap labor, luckily I diversified instead. Being a landlord is so much more profitable not to mention afford me easy living.

Not everyone can be landlord. Someone has to do the work and provide actual services or goods in order to pay you rent. And to pay you good rent, their costs, especially wages of workers, needs to be kept low. If low wage sinkies better understood this, they would whine less about their pay and do their bit for the company and nation.

 

[GoldenDragon]

Can NTUC solve our labour problems with their tri-simi-lanjiao model? Security industry still as bad as 10 yrs ago. Cleaning industry also short of labour. Surely with so many CBLs hanging around, something can be done.

 

[laksaboy]

Can NTUC solve our labour problems with their tri-simi-lanjiao model? Security industry still as bad as 10 yrs ago. Cleaning industry also short of labour. Surely with so many CBLs hanging around, something can be done.

They have so many CBLs, they even had to build a new clubhouse at Jurong East for some of its members.

 

[xebay11]

Not everyone can be landlord. Someone has to do the work and provide actual services or goods in order to pay you rent. And to pay you good rent, their costs, especially wages of workers, needs to be kept low. If low wage sinkies better understood this, they would whine less about their pay and do their bit for the company and nation.

Then you should agree with me that those businesses whose margins are paper thin should diversify into more profitable and innovative business right? Let them "shape up and ship out" if they cmi, we need only best and most profitable businesses in Singapore who can pay top dollar to our foreign talents to fuel the lifestyle of landlords, after all, I didn't become a landlord by lottery, I worked hard in my young days.

 

[Boliao]

Not everyone can be landlord. Someone has to do the work and provide actual services or goods in order to pay you rent. And to pay you good rent, their costs, especially wages of workers, needs to be kept low. If low wage sinkies better understood this, they would whine less about their pay and do their bit for the company and nation.

How about lowering rent? Who is the biggest land owner and control land prices that directly affects rental?

 

[JohnTan]

Then you should agree with me that those businesses whose margins are paper thin should diversify into more profitable and innovative business right? Let them "shape up and ship out" if they cmi, we need only best and most profitable businesses in Singapore who can pay top dollar to our foreign talents to fuel the lifestyle of landlords, after all, I didn't become a landlord by lottery, I worked hard in my young days.

Some jobs will always remain labour intensive, such as taxi driving, security guards, table cleaners, food packing, waiters. Employers usually will innovate as best they can to cut costs, since it would benefit them directly.

One way for food courts to hire less cheap labour is for sinkies to clear their own tables and trays after their meals. But vast majority of sinkies are too self-centred and barbaric to do so.

One way for security companies to pay better is to hire less security guards. But sinkies are too barbaric and good people are in need of security.

 

[xebay11]

Some jobs will always remain labour intensive, such as taxi driving, security guards, table cleaners, food packing, waiters. Employers usually will innovate as best they can to cut costs, since it would benefit them directly.

One way for food courts to hire less cheap labour is for sinkies to clear their own tables and trays after their meals. But vast majority of sinkies are too self-centred and barbaric to do so.

One way for security companies to pay better is to hire less security guards. But sinkies are too barbaric and good people are in need of security.

My business was also labor intensive and cannot automate as we produced ship parts on order, but those days government just say automate, move out or close shop, I diversified and built my property portfolio. So even labor intensive companies like you mentioned, the weak ones should fold up and stop dividing the pie, the fittest would survive, and get better profit and pay the sinkies well, so don't come and talk shit to me, you know nothing about doing business because you por lampa too long and out of touch with real business environment.