Pakatan alternative budget looking at 'floor wage'

The Pakatan working committee on the 2012 alternative budget announced today that it is looking to introduce a "floor wage" concept.

Speaking to reporters after the committee's weekly meeting, the coalition's de facto leader Anwar Ibrahim said that this is different from minimum wage, which keeps wages "stuck" at a certain level.

"We say floor wage to avoid confusion. What we need is to enhance the income of workers, and not to have it stuck as what is termed as minimum wage," he said, after the meeting which involved trade unions and economists.

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