What is the Minimum Wage in Singapore?
The current minimum wage in Singapore for resident and non-resident workers is:
Category | Minimum Hourly Wage |
---|---|
Resident Workers | S$7.85 |
Non-Resident Workers | S$5.50 |
Sectors Covered by the Minimum Wage
The minimum wage applies to all sectors, except for the following:
- Domestic workers
- Seafarers
- Workers employed by the government or statutory boards
- Workers in the construction, cleaning, and security sectors (covered by sector-specific minimum wages)
Minimum Wage for Foreign Workers
For foreign workers, the minimum wage is tied to their work permit type.
Work Permit Type | Minimum Monthly Wage | Minimum Hourly Wage |
---|---|---|
S Pass | S$2,500 | S$7.85 |
Employment Pass | S$4,500 | S$14.24 |
Work Permit for Foreign Domestic Worker | S$600 | S$5.50 |
Impact of Minimum Wage on Employees
The minimum wage has a significant impact on the lives of low-wage workers in Singapore.
Benefits:
- Reduced poverty and inequality
- Improved living conditions
- Increased purchasing power
- Greater financial security
Challenges:
- Reduced employment opportunities for low-skilled workers
- Increased business costs
- Potential inflation
Minimum Wage in Different Sectors
Construction Sector
- Resident and non-resident workers: S$11.10 per hour
Cleaning Sector
- Resident and non-resident workers: S$10.20 per hour
Security Sector
- Resident and non-resident workers: S$10.10 per hour
Tips for Employers
- Ensure compliance with minimum wage regulations
- Provide appropriate training and support to low-wage workers
- Explore ways to increase productivity and reduce costs
- Consider providing additional benefits (e.g., health insurance)
Tips for Employees
- Know your rights and understand the minimum wage laws
- Negotiate for higher wages if possible
- Seek opportunities for training and upskilling
- Explore job opportunities in higher-paying sectors
Conclusion
The minimum wage in Singapore plays a vital role in improving the lives of low-wage workers and reducing income inequality. However, it is important to balance the benefits with the potential challenges, ensuring that businesses can remain competitive and the economy continues to grow.