Tag Archives: Fair

Prices of Groceries at NTUC Fairprice Not So Fair Lately

Not sure if anyone notice. NTUC groceries price seems to have gone up by about 20%. Many fresh produce usually one offer or 1 for 1 seems to have disappear. All these happened right after the new announcement that we have to be prepared that food supplies disruption. If you notice or this is worth a thought. Please share and start buying from different source. Support local small businesses too!

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Tan Kin Lian: Ways to determine a fair wage

In my view, the right answer is a combination of the three methods, and to use the modern tools to achieve it. A wage panel can be formed to determine the recommended wages for the various types of jobs, after considering the inputs of the workers, relative difficulties of the jobs, and adjusting the wages yearly based on supply and demand (i.e. market forces). Employers are allowed to employ workers within a margin from the recommended wages.

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