SG Ministry of Manpower

[Sent by MOM - 10 Dec]

Uplifting Security Officers with Progressive Wages

We’re leaving no worker behind! Today, the Government has accepted the Security Tripartite Cluster’s recommendations on the Security Progressive Wage Model (PWM). This means that security officers employed by security agencies on part-time and ad-hoc work arrangements will receive annual wage increases from 1 Jan 2026 to 31 Dec 2028. Learn more about PWM at go.gov.sg/pwm

[Sent by MOM - 9 Dec]

According to the Labour Market Report 3Q 2024, Singapore’s labour market performed well, in line with our sustained economic growth. Here are the key highlights:

✅ Total employment growth nearly doubled in 3Q 2024 as compared to the previous quarter
✅ Unemployment rates and retrenchments remained low
✅ Labour demand declined but remained high, with more job openings than unemployed persons

Read the Labour Market Report 3Q 2024: go.gov.sg/mom-lmr-3q2024

[Sent by MOM - 28 Nov]

Singapore's labour market has performed well this year, according to the Labour Force in Singapore Advance Release 2024. Key highlights include:

▪️ Real incomes rebounded from 2023 as nominal income growth strengthened and inflation eased
▪️ Job switchers who changed industries typically received higher income
▪️ Despite a slight decline in the overall Labour Force Participation Rate due to an ageing population, Singapore maintained one of the highest rates compared to other major cities
▪️The employment rate of persons with disabilities has increased steadily over the years

Read the Advance Release in full at go.gov.sg/lfsar-2024

[Sent by MOM - 26 Nov]

We looked at the employment outcomes of Singapore Citizens from 2013 to 2023, and here’s what we found:

✅️ Income growth stayed strong at both the median and 20th percentile, supported by the Workfare Income Supplement and related schemes.

✅️ Unemployment rates have remained low and stable, barring the pandemic period.

🔍 Find out more: go.gov.sg/employment-outcomes-of-sg-citizens

[Sent by MOM – 1 Nov]

The Alliance for Action on Business Competitiveness, jointly led by the Ministry of Trade & Industry and Singapore Business Federation, has released its full report today. MOM will be reviewing the AfA’s recommendations on the Manpower pillar, which include:

✅ Strengthening support for businesses to improve productivity and job quality

✅ Expanding the Non-Traditional Sources Occupation List (NTS OL).

✅ Enhancing the Manpower for Strategic Economic Priorities (M-SEP) scheme.

Covered in Business Times: https://www.businesstimes.com.sg/singapore/singapore-public-private-task-force-calls-enhanced-grants-flexibility-foreign-workers

Read the full report at: go.gov.sg/afa-bc-report

[Sent by MOM - 29 Oct]

Based on the Labour Market Advance Release published today, the labour market continued to expand in third quarter of 2024, in line with the sustained economic growth during this period.

Main findings show:

✔️ Total employment growth more than doubled in 3Q 2024, with increases from both residents and non-residents

✔️ Unemployment rates remained low

✔️ The number of retrenchments declined

The Government will continue to empower workers to strengthen their career health and seize new opportunities.

Read the latest Labour Market Advance Release: https://go.gov.sg/mom-lmar-3q2024

[Sent by MOM - 10 Oct]

The Government has accepted the National Wages Council's annual guidelines from 1 December 2024 to 30 November 2025.

Singapore’s labour market continued to expand in the first half of 2024, and overall labour productivity rose. Our economy is also expected to expand by 2.0% to 3.0% this year. In the long term, wage growth is in line with productivity growth. As part of our social compact, employers are encouraged to provide wage flexibility. Together, let us ensure that every worker can enjoy the fruits of Singapore’s growth.

In view of this, the National Wages Council has made the following key recommendations for employers to:
✔ Reward employees with wage increases that are fair and sustainable
✔ Adopt the Flexible Wage System to provide wage stability
✔ Provide lower-wage workers with a built-in wage increase of 5.5% to 7.5%
✔ Press on with transforming businesses and upskilling the workforce

Read the full guidelines here: go.gov.sg/nwc20242025