24 C
Singapore
Thursday, December 1, 2022
Ads

SECURITY GUARDS TO EARN MINIMUM $3.5K/MONTH BY 2028

The Security Tripartite Cluster (STC) submitted recommendations to the government on their review of the Progressive Wage Model (PWM) relating to its private security industry.

Advertisements

The government has since accepted their recommendations, with one of the acceptances being the progressive increase in the basic salary of security officers to a minimum of $3,530 by the year 2028.

The STC released their recommendations on 12 November, including the limiting of extra working hours to 72 hours each month.

From the year 2023 until 2028, the salaries of security officers will be increased progressively.

Cap on extra working hours

STC said that the monthly gross wage across all job levels will increase by 6.6%, the average Compound Annual Growth Rate, between 2022 to 2028; which is twice the 3% annual increase announced in 2017.

Advertisements

They said that this will assure security officers of wage growth that is sustainable without them having to clock in excessive hours to get higher pay.

The capping of the extra working hours to 72 hours is to safeguard their working hours and make sure that they don’t work excessive hours and are fit to carry out their duties in a competent manner.

Attracting workers into the industry

STC said that although the number of active security officers being supplied to the industry has risen over the years, their manpower still continues to see a shortfall to meet the demand for security services.

This is due to new buildings being built as well as the SMMs of Covid-19.

They said that the manpower shortage has been a challenge despite efforts to improve salaries and working conditions.

Advertisements

They highlighted the “urgency to expedite the pace of industry transformation”, to combat the risk of a severe manpower crunch in the future.

Images source: Shopee and Unsplash (images used for illustration purpose only)

- Advertisement -
- Advertisement -
Latest News

PRITAM SINGH “STORMS OFF” DURING MP’S SPEECH, BUT THINGS ARE NOT WHAT IT SEEMS

A video emerged online by TikTok page @gongsimisg, showing WP boss and Leader of the Opposition Pritam Singh appearing...
- Advertisement -