The DollarsAndSense Podcast
The DollarsAndSense podcast brings you deeper conversation within the DollarsAndSense team. Join Dinesh Dayani and Timothy Ho for a weekly discussion on everything that matters to our wallets! If you enjoy reading our articles on DollarsAndSense.sg, we do hope you will enjoy listening to us on this podcast series as well!
The DollarsAndSense Podcast
Local Qualifying Salaries & Progressive Wages: Is Singapore Headed Towards Minimum Wage?
The $1,400 local qualifying salary is one highlight from Prime Minister Lee’s National Day Rally 2021 speech that caught public attention. Many netizens jumped on board to laud this change as a new minimum wage for Singapore workers. From a relatively obscure technical term that was used by Ministry of Manpower (MOM) and HR departments, the Local Qualifying Salary is now in mainstream attention after PM Lee’s mention.
We discuss a quasi-minimum wage structure in Singapore based on enhancements to Local Qualifying Salaries (LQS) and Progressive Wages.
Read more: https://dollarsandsense.sg/local-qualifying-salary-5-things-need-know-lqs/