Parliament: Wages at bottom-fifth grew at faster rate than median from 2009 to 2019
SINGAPORE - The real wages of Singaporean and permanent resident lower-wage workers at the 20th percentile grew 39 per cent between 2009 and 2019, faster than that of the workers at the median at 33 per cent. And while the Covid-19 pandemic has had an impact on these lower-wage workers last year, government schemes have helped to mitigate the impact and bring their wages to the 2019 pre-pandemic levels, said Senior Minister of State for Manpower Zaqy Mohamad in Parliament on Tuesday (July 6). This was a result of policies such as the Progressive Wage Model (PWM) and Workfare to support lower-wage workers, he added. "This has allowed our lower-wage workers to gain ground and progress faster than the median." He was responding to more than a dozen questions filed by MPs from the People's Action Party and the Workers' Party on the PWM. Mr Zaqy noted that while lower-wage workers in Singapore have seen "robust real income growth", this was not the case for most Organisation for Economic Co-operation and Development (OECD) countries. "For example, over the same 10-year period, workers at the 20th percentile in the UK saw no real wage growth, while those in Japan and US saw only cumulati...
