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Platform firms must not exploit protection for platform workers for more profit
Transparency over how much of any price hike goes to workers will be needed.
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The platform economy sprouted more than a decade ago, grabbed global attention, and is now firmly rooted in many economies.
PHOTO: ST FILE
Sumit Agarwal
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For any developed economy, strong social protections for the labour force are vital enabling ingredients for growth.
Behind the buzz of economic activity in Singapore, the quiet provision of retirement security, medical insurance and workplace safety have underpinned the social compact of work. These arrangements ensure workers have the peace of mind to put their best foot forward and companies are incentivised to avoid exposing their workforce to unnecessary risks.
