By Naseema Banu Maideen
The Labour Movement is heartened with the Wage Credit Scheme (WCS) and several of the programmes announced at the recent Singapore Budget 2013. The Inclusive Growth Programme (IGP) will also continue to play a role in driving up productivity and promote gain sharing with workers.
Speaking at the International Women’s Day event held at Downtown East this morning, NTUC Secretary-General Lim Swee Say shared his thoughts on the recent Budget 2013 and what’s in it for workers.
On companies' concerns that the WCS will run for only up to three years, SG Lim urged them to make full use to speed up innovations and scale up productivity to improve workers' capabilities, and at the same time strengthen the Singaporean core.
He also highlighted the need for tripartite partners to make a transition in the next few years.
While Singapore has done well in areas such as full employment, there is still more that can be done. He said the transition must be successful to maintain full employment, narrow the income gap and build up a strong Singaporean core.
