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Wages And Wages Policies: Tripartism In Singapore
This book consists of articles written by twenty authors, including three eminent academicians from Australia and Britain. It provides first-hand information on the National Wages Council (NWC), and its contributions, which includes the promotion of tripartism, as an instrument of economic growth. The book is divided into six parts. Part I introduces the book. Part II provides details about the NWC, its operations and its structure. Part III covers the macroeconomic impact of the NWC, including the impact on productivity, competitiveness, investment and growth. Part IV covers the impact of the NWC on wages and the wage system in Singapore. Part V provides a theoretical perspective on the importance of the NWC to productivity growth and productive efficiency. Part VI takes a look at the incomes policy practice of another country in the region, Australia, which provides a good point of reference for the NWC.
The Structure of Wages
The distribution of income, the rate of pay raises, and the mobility of employees is crucial to understanding labor economics. Although research abounds on the distribution of wages across individuals in the economy, wage differentials within firms remain a mystery to economists. The first effort to examine linked employer-employee data across countries, The Structure of Wages:An International Comparison analyzes labor trends and their institutional background in the United States and eight European countries. A distinguished team of contributors reveal how a rising wage variance rewards star employees at a higher rate than ever before, how talent becomes concentrated in a few firms over time, and how outside market conditions affect wages in the twenty-first century. From a comparative perspective that examines wage and income differences within and between countries such as Denmark, Italy, and the Netherlands, this volume will be required reading for economists and those working in industrial organization.
Minimum Wages
A comprehensive review of evidence on the effect of minimum wages on employment, skills, wage and income distributions, and longer-term labor market outcomes concludes that the minimum wage is not a good policy tool.
Fair Wages
Over the last decade the emergence of corporate social responsibility (CSR) has contributed towards better corporate governance by tackling such burning issues as child labour and basic human rights violations. However, as the author argues in this important new book, the time has now come to incorporate wage issues into CSR. Daniel Vaughan-Whitehead proposes a new methodology, the 'Fair Wage' approach, which should allow all CSR actors to make progress in this field through a coherent and comprehensive set of fair wage dimensions and indicators.
Experiencing Wages
When discussing wages, historians have traditionally concentrated on the level of wages, much less on how people were paid for their work. Important aspects were thus ignored such as how frequently were wages actually paid, how much of the wage was paid in non-monetary form - whether as traditional perquisites or community relief - especially when there was often insufficient coinage available to pay wages. Covering a wide geographical area, ranging from Spain to Finland, and time span, ranging from the sixteenth century to the 1930s, this volume offers fresh perspectives on key areas in social and economic history such as the relationship between customs, moral economy, wages and the market, changing pay and wage forms and the relationship between age, gender and wages.
Main Economic Indicators Comparative Methodological Analysis: Wage related statistics Volume 2002 Supplement 3
This publication compares key aspects of statistical methodologies used by OECD member countries in the compilation of wage related statistics. Such statistics comprise wages and earnings, minimum wages, labour costs and prices, unit labour costs and household income.
Labour and the Wage
Labour and the Wage: A Critical Perspective offers a new perspective on why labour law struggles to respond to problems such as low pay and under-inclusive employment. A Marxian-inspired ontological approach sheds new light on the role of labour law in a capitalist economy and on the limitations and potential of labour law when it comes to bringing about social change. It illustrates this through the lens of the wage. The book develops a legal genealogy that explores the shifting portfolio of concepts through which the wage has been conceptualized in legal discourse as capitalism has developed. This exploration spans from the Norman Conquest to the present day, and covers diverse issues such as the decasualization of the docks, sweated labour, the truck system, tax-credits, tips, and minimum wages. Labour and the Wage provides one of the most in-depth and comprehensive analyses of the wage to date, while, at the same time, shedding new light on the contradictory role, or function, of labour law in the context of capitalism.
A Study on the Minimum Wage
First Published in 1927, A Study on the Minimum Wage contains constructive proposals regarding the essential features of a satisfactory minimum wage system. Based on a comprehensive international study of existing legislation and practice in the 1920s, it brings crucial themes like objects of minimum wage legislation; the living wage; provisions for the worker’s family; relation between the wages of men and women; machinery for fixing minimum wages; methods of enforcement; and the capacity of industry to pay. Rich in archival resources, this book is an essential read for students and researchers of labour history, labour economics, and political economy in general.
