Wage reform: Towards ensuring workers’ livelihoods
The rising cost of living is putting pressure on workers, many of whom must still work overtime and borrow money to make ends meet, leaving little opportunity to save for the future. The Government’s development of a proposal to submit to the competent authorities for consideration of a new resolution on wage and social insurance policies highlights the need for reform aimed at improving real incomes, ensuring fair pay, and providing long-term social security.