Improvements in Singapore's National Productivity

1410 WordsFeb 4, 20186 Pages
Introduction In a recent dialogue with some two hundred trade union leaders in Singapore, National Trade Union Congress (NTUC) Secretary-General, Mr. Lim Swee Say commented that it was an improvement that the nation's productivity increased from -2 to zero from 2012 to 2013. He went on to urge unions and organisations to turn productivity into positive in 2014 so as not to lose grounds to competitors as Singapore gears herself for recovery from the financial crisis in 2008 (Poh, E. 2014). Role of trade unions The Ministry of Manpower (MOM) has three strategic goals in formulation and implementation of policies to build a globally competitive workforce with optimum workplace and financial security through lifelong employability for Singaporeans (International Labour Office. 2010). The focus of building a productive workforce has been the principle goal of Singapore. This is being transcended through a tripartism framework that has been setup since the independence of the nation. Tripartism consists of three actors, the government represented by MOM, the employers represented by Singapore National Employers Federation (SNEF) and the employees represented by NTUC. Through building and reviewing the tripartite mechanism and framework, these actors are fulfilling the strategic goals of the nation and stresses on increasing productivity. National Wage Council (NWC) The earliest tripartite body, NWC is established in 1972. In their latest wage guidelines for 2013/2014, they aim

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