Updated: 07/31/2014 19:48

Progressive Wage Model benefits over 600 workers in Oil, Petrochemical, Energy and Chemical industry



Progressive Wage Model benefits over 600 workers in Oil, Petrochemical, Energy and Chemical industry

The labour movement says that the Progressive Wage Model has benefitted 600 workers in the Oil, Petrochemical, Energy and Chemical industry since it was launched in November 2012. 

NTUC Oil, Petrochemical, Energy and Chemical Cluster Chairman, K Karthikeyan, says 30 per cent of unionised Oil, Petrochemical, Energy and Chemical firms has taken up the progressive wage model. 

He says these companies tend to have less talent leakage. 

The cluster, which aims to get 70 per cent of unionised firms to take up the wage ladder by the end of next year, is holding a half-day seminar today to engage companies on how to adopt the progressive wage model. 

NTUC says the industry employs 44,000 workers and pays a higher median wage than the national median wage. 

But despite good paying jobs and prospects, the industry faces challenges with manpower and has many job opportunities unfilled.

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