ESM Goh: Close the income gap within each company for a more equitable society
Published on May 31, 2014 11:46 PM
SINGAPORE - Close the income gap within each company by tweaking the wage shares of employees - "taking some from top management and giving them to those at the bottom", Emeritus Senior Minister Goh Chok Tong suggested on Saturday.
"If all companies can do this, we also narrow the income inequality within the country," he wrote in a Facebook post. "This will make for a more inclusive and equitable society."
ESM Goh, who is also an MP for Marine Parade GRC, added his support for the National Wages Council (NWC) annual wage guidelines announced on Friday.
He said he was "delighted" that the council recommended that workers on up to $1,000 a month get a rise of at least $60. "These workers, like cleaners, are indispensable to our good health, clean and green environment and basic liveability as a densely populated city," ESM Goh wrote.
To continue reading, log in if you are a subscriber
If you are not a subscriber, you can get instant, unlimited access here