Since the pandemic, wages have fallen behind both increases in inflation as well as productivity. It is high time for salaries to rise, and there is more the government can do to expedite this adjustment, including ensuring that NWC guidelines are more widely adopted, equalizing the employer share of CPF, and instituting a statutory minimum wage. Restoring the real purchasing power of wages is a sure-fire way to help working Singaporeans cope with sky-high costs of living. - MP Jamus Lim
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