Results 1 to 6 of 6
  1. #1

    Talking Which model do you like more?


    The Progressive Wage Model

    or


    The Minimum Wage Model?

    The Progressive Wage Model has career progression for low-wage workers like your uncle auntie cleaners (implemented and licensed), security guards (unfortunately resisted by T.Mogan who does not believe that guards deserve better pay and respect), trolley handlers (implemented) etc.

    Workers under this model don't just stop at a minimum wage point. They move beyond that. They have the option of moving up the career ladder if they acquire more skills. For example, if your auntie is an indoor cleaner, she can choose to learn to operate machines and upgrade to become outdoor cleaner. Of course, if she is willing to keep improving, she can eventually take on a supervisory role. So workers who take on cleaning jobs don't just stop at a cleaner, they have a meaningful career path to work towards to.

    When they become more skillful with the help of technology, they will also become more productive. For example, once upon a time, in the landscaping industry, you needed 5 grass cutters to tend to a field. It is very laborious, I must add. But with a remote controlled machine, it is much easier. You only need 1 worker to handle the equipment. It will munch up grass, flowers, small bushes and puppy dogs. It can even navigate on steep inclines.

    So, when they acquire new skills and become more productive, of course pay will increase also. That's the good thing. Each time they move up a rung, there is a wage increase. So with Progressive Wage Model in place, they will earn minimum of $1000 and have a chance to increase to $1,200, $1,400, $1,600 etc. It could even be higher depending on the industry and difficulty of job. So this is the real career progression i'm talking about. PMEs have this ladder and i think there's no reason why low-wage workers should not benefit from such practices too. After all, they are also workers contributing to the society. They deserve as much respect as any other workers.

    What about the Minimum Wage Model?

    It is somewhat easier to implement as it's just a flat wage implemented across the board. However, there are several drawbacks. Firstly, employers may fire some workers because of the increased labour cost incurred to comply with a minimum wage, and may even look to hiring more experienced foreign workers for the same wage instead. Secondly, there is no room for career progression as there is no incentive for companies to upgrade and train their workers. Thirdly, the minimum wage may eventually become the workers’ maximum wage as companies can simply choose to pay them this minimum wage throughout their entire career. And lastly, without a clear career progression and little opportunity to increase wages, workers are not incentivized to work smarter or harder, causing business competitivity and productivity to become stagnant. Do we really want this?

    While Progressive Wage Model isn't as straight forward as we would like it to be, but we can see the real benefits in the long run. I vote Progressive Wage Model.

  2. #2
    WOT
    didnt read...

  3. #3
    Well personally i feel that both have its pros and cons. Minimum wage has a protection on low salary workers. You are right that they have the chance to progress under progressive wage program but their wage might not start at 1k for example. It might start off lower like eg. 800. And slowly Incease to 1.2k. Well i certainly feel that progressive wage is the better one. A minimum wage should still be in place so that low salaried people will not be exploited.

  4. #4
    羊羊得亿!! Ideasmiths's Avatar
    Join Date
    Jun 2006
    Location
    Bedok
    Posts
    5,250
    How about top down and bottom up wages?


  5. #5
    Can look at this for discussion lol.

    This is REAL, not a joke....

    Switzerland Will Vote to Give All Adults a Guaranteed $2,800 Monthly Income - PolicyMic

  6. #6
    ♥ Lightning ♥ 9VARZ's Avatar
    Join Date
    Mar 2007
    Location
    Singapore, Singapore
    Posts
    15,196
    Any model I can bring to bed, I'll keep. I'm not too bothered.
    Views expressed are my own.

    WTS: Garage sales!! Pre-loved items sold for cheap!!


    URGENT DOSE OF VITAMIN M REQUIRED.
    Can you help?

Similar Threads

  1. [CLOSED] Faulty Spoilt Macbook (Late 2006) model. 1.83ghz Model
    By yagami34 in forum Notebooks/Netbooks Garage
    Replies: 2
    Last Post: Mar 9th, 11, 11:48 PM
  2. Replies: 1
    Last Post: Jul 25th, 10, 03:30 PM
  3. Replies: 1
    Last Post: Feb 25th, 10, 09:35 AM
  4. WTS: Brand New Latest Model Q007 Watch Model Phone.
    By frankman in forum Handphones/Gadgets Garage
    Replies: 8
    Last Post: Jun 5th, 08, 10:27 AM