Eyes Openers
  • World News
  • Business
  • Stocks
  • Politics
  • World News
  • Business
  • Stocks
  • Politics

Eyes Openers

World News

Singapore’s gig workers to get work injury, pension coverage

by November 25, 2022
November 25, 2022
Singapore’s gig workers to get work injury, pension coverage

SINGAPORE — Singapore will extend work injury insurance and pension coverage to food delivery and ride-hailing workers under proposed legislative changes that it aims to implement as early as late 2024, the Manpower Ministry said.

The new rules will affect about 73,000 workers who deliver food or drive passengers for companies such as Grab, Gojek, Deliveroo and Delivery Hero’s Foodpanda.

Workers would gain coverage under the national pension system, which collects contributions from both workers and companies, and receive work injury insurance covering medical expenses, income loss, and lump sum compensation for permanent disability or death.

Gig workers would not, however, be considered full-time employees entitled to paid leave and other benefits.

The changes, based on recommendations from an advisory committee set up to create standards for gig worker protections, were approved by the government on Wednesday.

Grab, Foodpanda, and Deliveroo said in a joint statement that the roll-out should be “evenly paced” given the “complexities of business operations and economic pressures.”

Rights groups and governments around the world have voiced concerns about the interests of contract workers, whose ranks swelled significantly during coronavirus disease 2019 (COVID-19) lockdowns but who do not typically receive benefits available to full-time employees.

A report released by the Institute of Policy Studies in Singapore early this month found that 16.1% of 1,002 food delivery riders it surveyed had been in an accident serious enough to require medical treatment. — Reuters

previous post
China hustles on summit sidelines to challenge US outreach
next post
Slower Fed hikes spell relief from Tokyo to Buenos Aires

Related Posts

Bloomberg has no interest in acquiring Dow Jones...

December 26, 2022

Taiwan welcomes back visitors after ending COVID quarantine...

October 13, 2022

UK wants closer ties with Indo-Pacific region —...

September 29, 2022

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular Posts

    • 1

      Head of Republican Party mocks speaking abilities of Fetterman, Biden

      October 28, 2022
    • 2

      Biden’s unwarranted bragging about reducing the budget deficit

      September 26, 2022
    • 3

      Russian TV is very excited about Такер Карлсон’s Nord Stream theory

      September 30, 2022
    • 4

      Strong Sector Rotation To Financials, but will it be enough to turn the market back up?

      October 14, 2022
    • 5

      Mish’s Daily: Mid-September Column Highlights

      September 29, 2022

    Categories

    • Business (1,469)
    • Politics (1,694)
    • Stocks (617)
    • World News (1,116)
    • About Us
    • Contacts
    • Terms & Conditions
    • Privacy Policy
    • Email Whitelisting

    Disclaimer: EyesOpeners.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2023 EyesOpeners.com | All Rights Reserved