Tag Archives: increase

NTUC UNION PROPOSES $300 SALARY INCREASE FOR SECURITY GUARDS

Security guards can expect a big pay bump if a plan by the National Trades Union Congress (NTUC) to raise their basic monthly wages by $300 receives the green light from employers. The Straits Times understands that NTUC representatives met security firms two weeks ago and tabled a new wage ladder. The proposal includes raising the minimum basic monthly pay for guards to $1,100 per month - a substantial increase from the current $817 stated in the last Manpower Ministry salary data report released in June. If the new minimum wage is pushed through, security guards can earn about $2,100 each month with overtime, up from just $1,678 now, say industry players.

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S’PORE TO MATCH MALAYSIA’S NEWLY IMPOSED TOLL CHARGES

The Government will match Malaysia’s new toll charges in the next few weeks, said the Land Transport Authority (LTA) on Friday (Aug 1), in a statement issued in response to Malaysia's increase in toll charges for vehicles travelling from Singapore to Johor, and to the implementation of new Causeway toll charges on vehicles travelling from Johor to Singapore.

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HDB RESALE PRICE FELL 5% BUT BTO PRICE INCREASE 14%

It may be bad enough that in the past, we were told for years that HDB BTO prices were pegged to resale prices, and then recently that they have been delinked – only now to appear as a if they increase much more when resale prices dropped quite a lot in the same estate. So, if the Resale Price Index dropped by 3.4%, why did the price increase by 14.4%?

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CPF rates for older workers ‘may go up’

Older Singaporean workers face the pleasant prospect of seeing a rise in their Central Provident Fund (CPF) contributions. The labour movement yesterday called on the Government to raise the CPF rates of those aged above 50 to 55 so that they are on a par with younger workers. But it need not be done "in one go", said labour chief Lim Swee Say, who is also Minister in the Prime Minister's Office. Union leaders, he said, are not pushing for the 3.5 per cent gap to be closed "in one go, because we do understand it should be done progressively", he told reporters after an official visit to restaurant chain Eighteen Chefs.

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