The Wider Implications of Minimum Wage

By Chan Huan Chiang

September 2011 UTTER ECONOMICS
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Minimum wages are a multifaceted issue where well-meaning legislation can bring about converse effects. Who benefits in the long run and how such practices will alter employment policies are some questions to ponder. PEM takes you through many of the aspects that need thinking through.MTUC’s lobby on minimum wagesOn June 30, 2011, the National Wage Consultative Council Act 2011 was passed after four hours of debate. It replaces the Wages Council Act 1947 and will assess wage levels by sectors,...

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PM
Chan Huan Chiang

is a senior research fellow at the Penang Institute.


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