Education Minister Tharman Shanmugaratnam has announced a new pay and career package for all 29,000 education officers here. The Grow 2.0 package, which kicks in next April, could mean higher salaries, improved work-life benefits, and for older workers, guaranteed re-employment opportunities.

Education Minister Tharman Shanmugaratnam explains the importance of selecting the right people to be teachers and school leaders, and what should be done to attract more talent to the education sector, while maintaining quality standards.

Mr Tharman introduces a new slew of initiatives called the GROW 2.0 Package, which includes a new opt-in pay scheme that pegs teachers' salaries to performance, with the most outstanding teachers earning higher salaries and bigger bonuses.

Mr Tharman touches on new professional development opportunities that include improved financial support and study leave schemes for teachers planning to further their studies, as well as enhanced programmes for leadership training.

Hear about how work-life balance will be improved as the MOE enhances no-pay leave childcare policies and expands the current part-time teaching schemes. Mr Tharman also touches on a pilot 2-year re-employment programme for officers' above the age of 62.

Executive Director for the Singapore Human Resources Institute David Ang gives us his perspective on the newly announced changes to the pay and career package of teachers. Mr Ang touches on issues such as job attractiveness and the pros and cons of having an opt-in salary scheme.

In his keynote address at the annual Singapore Tripartism Forum, former Manpower Minister Ng Eng Hen - now Education Minister - reflects on the importance of not 'protecting' workers here through a clampdown on the foreign worker quota and a high wage policy. He also elaborates on the way forward for Singapore's workforce.