<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=705389681562533&amp;ev=PageView&amp;noscript=1">
whatsappChat

Update on progressive wage model for retail workers

The Tripartite Cluster for Retail (TCR)’s recommendations that were released on 15 August 2022 covering the new Progressive Wage Model (PWM) have been accepted by the Government. As per the revised model, a three-year schedule of compounded wage increments from 2022 to 2024, will come to effect starting 1 September 2022.

The recommended Progressive Wage Model for retail workers' annual wage increments stipulates that the Baseline Gross Wages would be between 8.4% and 8.5% for the next three years for the three lowest job rungs from 1 September 2022 to 31 August 2025

 

PWM Job Title Baseline Gross Wages Annual Wage Adjustment & Increment (From 1 Sep of each calendar year)
Retail Assistant/Cashier $1,850 $1,975 (+$125) $2,175 (+$200)
Senior Cashier/Retail Assistant $2,035 $2,175 (+$140) $2,395 (+$220)
Assistant Retail Supervisor $2,240 $2,395 (+$155) $2,635 (+$240)
  2022 2023 2024

The TCR has proposed a career ladder model for the Retail sector with the first three tiers to be subjected to mandatory PWM wage requirements. This aims to provide workers with a clear progression pathway to higher wages, better skills and increased job responsibilities. Mandatory training requirements to upskill workers were also recommended with each retail worker required to complete a minimum of one WSQ training module applicable to the job role.

The implementation of the Retail PWM is aligned with other updates such as the new Local Qualifying Salary requirements, and the extension of the PWM to include in-house cleaners, security officers and landscape workers. Employers with foreign workers under their employment are also required to adhere to these requirements. Failure to do so may lead their work pass privileges to be suspended.

Employers have six months from September 2022 to February 2023 to adjust and comply with the Progressive Wage requirements.

 

Additional sources:

About 46,000 Retail Workers to benefit from new Retail Progressive Wage Model Recommendations (mom.gov.sg)

Expansion of Progressive Wage approach and coverage (mom.gov.sg)

More Inclusive and Unbiased Workforce in Singapore (rsmstoneforest.sg)

Related Insights

Recruitment Strategies to Attract and Retain Talent

Streamline Your Business Operations with Payroll Outsourcing

Navigating flexible work arrangements: A guide to inclusive ...

Can Dependant Pass (DP) holders work in Singapore? A guide t...

Understanding the COMPASS framework

Benefits of employee engagement

PayrollServe now in Malaysia

Problems of running payroll manually

[Malaysia] Tax rate changes 2021

Payroll Processing Cycle Step 2 - Information Cut-off

Amendments to the retirement and re-employment bill 2021

Payroll processing cycle - step 4 & 5: generate payroll ...

Wage Definition

Cloud Payroll Solutions: 3 key concerns for SMEs

6 non-negotiable terms HR must comply

Making the HR outsourcing decision

Benefits of payroll outsourcing for growing businesses

Cloud computing

Payroll processing cycle overview

Enhancements in marriage & parenthood package

Announcement: Change of direct debit deduction date

[Malaysia] Statutory rate for employee’s EPF share of contri...

Five reasons why companies outsource their payroll

PayrollServe and Mercer announce strategic partnership to su...

Hong Kong's Employment Ordinance 2021

Information Security Assurance for Financial Institutions th...

News Medisave and CPF Contribution Rates

Job Growth Incentives scheme

Changes in EP and S pass salary criteria

RSM Stone Forest partners French Fintech firm Jenji to push ...

News Latest Statutory Updates Sept 2011 02

516 million dollars in CPF arrears recovered by the CPF boar...

Stiffer penalties for Non-Compliance among Employment Act am...

New scheme for companies to hire more S pass and work permit...

What you need to know about the existing Tech.Pass

Top 4 payroll trends followed by small businesses

Tapping into HR technology for greater productivity and cost...

What is SaaS payroll?

4 key things you must know about payroll operations in Malay...

Common HR pitfalls of small firms

Statutory Update of Work Pass (Effective 1 Sept 2022)

How is payroll outsourcing important to your business?

Payroll processing cycle step 3 - process payroll

Essential payroll compliance in Malaysia and its possible co...

MOM’s tightening of work pass requirements - what does this ...

Extension of the enhanced JSS support

HRM essentials for small, growing firms

Announcement: Extension of JSS for selected sectors, and S P...

Why outsourcing HR and payroll is a smart choice for busines...

CPF submissions using hardcopy forms for e-registered employ...

Is your business compliant with the General Data Protection ...

Adjustments for enhanced JSS From 27 September 2021 to 24 Oc...

Foreign worker levy waiver and rebate extended for construct...

Payroll processing cycle - step 1: collecting information

Building a more inclusive and unbiased workforce

International Businesses can hire foreigners with these Work...

Work Pass required for dependants seeking work

[Malaysia] Statutory updates on new amendments to the first ...

What is human resource & payroll administration?

Payrollserve’s Appointment as Approved HR Service Provider O...

PayrollServe is now abs OSPAR-Certified to serve Financial I...

Singapore Budget - Jobs Credit Scheme

Payroll processing cycle - step 6: processing salary credit ...

Benefits of Effective Human Resource Management (HRM)

Key changes to Employment Act (with effect from 1 April 2019...

How SMEs may cope with increasing complexity in payroll proc...

Extension of Jobs Growth Incentive (JGI) scheme to March 202...

Extension of Job Growth Incentive scheme

Statutory updates under Malaysia Budget 2022

MOM announces points based assessment framework for EP candi...

[Malaysia] PayrollServe Malaysia latest statutory developmen...

Budget 2020 – HR & payroll-centric updates

S pass salary criteria (with effect from 1 January 2019)

Strategic importance of Human Resource management to busines...

Why should companies outsource payroll activities?

Contract of Service

PayDay! SaaS vs manual payroll calculation

Submission of employment income for YA 2023 via AIS Applicat...

New progression wage model for waste management workers

Recruitment Strategies to Attract and Retain Talent

Streamline Your Business Operations with Payroll Outsourcing

Navigating flexible work arrangements: A guide to inclusive ...

Can Dependant Pass (DP) holders work in Singapore? A guide t...

Understanding the COMPASS framework

Benefits of employee engagement

PayrollServe now in Malaysia

Problems of running payroll manually

[Malaysia] Tax rate changes 2021

Payroll Processing Cycle Step 2 - Information Cut-off

Amendments to the retirement and re-employment bill 2021

Payroll processing cycle - step 4 & 5: generate payroll ...

Wage Definition

Cloud Payroll Solutions: 3 key concerns for SMEs

6 non-negotiable terms HR must comply

Making the HR outsourcing decision

Benefits of payroll outsourcing for growing businesses

Cloud computing

Payroll processing cycle overview

Enhancements in marriage & parenthood package

Announcement: Change of direct debit deduction date

[Malaysia] Statutory rate for employee’s EPF share of contri...

Five reasons why companies outsource their payroll

PayrollServe and Mercer announce strategic partnership to su...

Hong Kong's Employment Ordinance 2021

Information Security Assurance for Financial Institutions th...

News Medisave and CPF Contribution Rates

Job Growth Incentives scheme

Changes in EP and S pass salary criteria

RSM Stone Forest partners French Fintech firm Jenji to push ...

News Latest Statutory Updates Sept 2011 02

516 million dollars in CPF arrears recovered by the CPF boar...

Stiffer penalties for Non-Compliance among Employment Act am...

New scheme for companies to hire more S pass and work permit...

What you need to know about the existing Tech.Pass

Top 4 payroll trends followed by small businesses

Tapping into HR technology for greater productivity and cost...

What is SaaS payroll?

4 key things you must know about payroll operations in Malay...

Common HR pitfalls of small firms

Statutory Update of Work Pass (Effective 1 Sept 2022)

How is payroll outsourcing important to your business?

Payroll processing cycle step 3 - process payroll

Essential payroll compliance in Malaysia and its possible co...

MOM’s tightening of work pass requirements - what does this ...

Extension of the enhanced JSS support

HRM essentials for small, growing firms

Announcement: Extension of JSS for selected sectors, and S P...

Why outsourcing HR and payroll is a smart choice for busines...

CPF submissions using hardcopy forms for e-registered employ...

Is your business compliant with the General Data Protection ...

Adjustments for enhanced JSS From 27 September 2021 to 24 Oc...

Foreign worker levy waiver and rebate extended for construct...

Payroll processing cycle - step 1: collecting information

Building a more inclusive and unbiased workforce

International Businesses can hire foreigners with these Work...

Work Pass required for dependants seeking work

[Malaysia] Statutory updates on new amendments to the first ...

What is human resource & payroll administration?

Payrollserve’s Appointment as Approved HR Service Provider O...

PayrollServe is now abs OSPAR-Certified to serve Financial I...

Singapore Budget - Jobs Credit Scheme

Payroll processing cycle - step 6: processing salary credit ...

Benefits of Effective Human Resource Management (HRM)

Key changes to Employment Act (with effect from 1 April 2019...

How SMEs may cope with increasing complexity in payroll proc...

Extension of Jobs Growth Incentive (JGI) scheme to March 202...

Extension of Job Growth Incentive scheme

Statutory updates under Malaysia Budget 2022

MOM announces points based assessment framework for EP candi...

[Malaysia] PayrollServe Malaysia latest statutory developmen...

Budget 2020 – HR & payroll-centric updates

S pass salary criteria (with effect from 1 January 2019)

Strategic importance of Human Resource management to busines...

Why should companies outsource payroll activities?

Contract of Service

PayDay! SaaS vs manual payroll calculation

Submission of employment income for YA 2023 via AIS Applicat...

New progression wage model for waste management workers