Retail Workers Eligible for New Round of Pay Increases Under Progressive Wage Model
Lower-wage retail workers will receive annual wage increases of up to 6% from 2025 to 2028 with co-funding support for employers to ease adjustment to higher labor costs.
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6 Articles
Retail workers eligible for new round of pay increases under Progressive Wage Model
With government co-funding to buffer the wage increases, there is "no reason" for employers to pass on the full costs to customers directly, says Minister of State for Manpower Dinesh Vasu Dash.
Retail Workers to Get Wage Increases Under New Progressive Wage Model
Singapore’s government has accepted the Tripartite Cluster for Retail (TCR)’s recommendations for the Progressive Wage Model (PWM) in the retail sector, paving the way for a new three-year schedule of wage increases for over 53,000 resident full-time and part-time workers from 1 September 2025 to 31 August 2028. Beyond pay adjustments, the updated PWM will also offer an expanded list of recognised training modules and qualifications from Institu…
More than 53,000 retail workers to see wage increase of at least $130 from Sept 1
Over 53,000 retail workers can expect an increase in wages effective Sept 1, the Tripartite Cluster for Retail (TCR) announced on Monday (Aug 11). The new set of progressive wage model (PWM) recommendations for the retail sector includes an increase of at least $130. The PWM was first introduced in 2022. From Sept 1, retail workers will earn at least...
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