--- title: "2025 May Day Message: Dr. Tan See Leng on the Future of Work in Singapore" description: Join The Financial Coconut for insights on personal finance, investing, and wealth-building strategies. Start your path to financial literacy today! image: https://dam.mediacorp.sg/image/upload/s--Jl4cnYdt--/c_fill,g_auto,h_676,w_1200/f_auto,q_auto/v1/tdy-migration/20210901_ili_dr_tan_see_leng-3.jpg?itok=QBJNWQHj --- [Skip to content](https://www.thefinancialcoconut.com/blog/tan-see-leng-may-day-message#main-content) [![Full_COlour](https://www.thefinancialcoconut.com/hs-fs/hubfs/Full_COlour.png?width=456&height=80&name=Full_COlour.png)](https://www.thefinancialcoconut.com/) - [Retirement Marketspace](https://retirementmarketspace.thefinancialcoconut.com/) - [Events](https://www.thefinancialcoconut.com/events) Show submenu for Events - [For Investors](https://tfcmysterymeetup.com/) - [For Business Owners & Creators](https://ipcreatorunite.peatix.com/) - [For Salaried Workers](https://www.thefinancialcoconut.com/thought-leadership-series) - [TFC Events](https://www.thefinancialcoconut.com/events) - [Shows](https://www.thefinancialcoconut.com/tfc-shows) Show submenu for Shows - [Wise and Shine](https://www.thefinancialcoconut.com/wise-and-shine) - [The Business Show](https://www.thefinancialcoconut.com/tfc-business-show) - [Chills with TFC](https://www.thefinancialcoconut.com/chills-with-tfc) - [Blog](https://www.thefinancialcoconut.com/blog) Show submenu for Blog - [Work Smart](https://www.thefinancialcoconut.com/worksmart) - [Invest](https://www.thefinancialcoconut.com/invest) - [Retire Well](https://www.thefinancialcoconut.com/retire-well) - [Business](https://www.thefinancialcoconut.com/business) Open main navigation Close main navigation - [Retirement Marketspace](https://retirementmarketspace.thefinancialcoconut.com/) - [Events](https://www.thefinancialcoconut.com/events) Show submenu for Events - [For Investors](https://tfcmysterymeetup.com/) - [For Business Owners & Creators](https://ipcreatorunite.peatix.com/) - [For Salaried Workers](https://www.thefinancialcoconut.com/thought-leadership-series) - [TFC Events](https://www.thefinancialcoconut.com/events) - [Shows](https://www.thefinancialcoconut.com/tfc-shows) Show submenu for Shows - [Wise and Shine](https://www.thefinancialcoconut.com/wise-and-shine) - [The Business Show](https://www.thefinancialcoconut.com/tfc-business-show) - [Chills with TFC](https://www.thefinancialcoconut.com/chills-with-tfc) - [Blog](https://www.thefinancialcoconut.com/blog) Show submenu for Blog - [Work Smart](https://www.thefinancialcoconut.com/worksmart) - [Invest](https://www.thefinancialcoconut.com/invest) - [Retire Well](https://www.thefinancialcoconut.com/retire-well) - [Business](https://www.thefinancialcoconut.com/business) - [Contact us](https://www.thefinancialcoconut.com/contact-us) [Contact us](https://www.thefinancialcoconut.com/contact-us) Apr 30, 2025, 10:59:09 AM # 2025 May Day Message: Dr. Tan See Leng on the Future of Work in Singapore ![Picture of The Financial Coconut](https://www.thefinancialcoconut.com/hs-fs/hubfs/Square%20(2)-3.png?width=50&name=Square%20(2)-3.png) [The Financial Coconut](https://www.thefinancialcoconut.com/blog/author/the-financial-coconut) Share: [facebook-f icon](http://www.facebook.com/share.php?u=https://www.thefinancialcoconut.com/blog/tan-see-leng-may-day-message) [linkedin-in icon](http://www.linkedin.com/shareArticle?mini=true&url=https://www.thefinancialcoconut.com/blog/tan-see-leng-may-day-message) [envelope icon](mailto:?body=https://www.thefinancialcoconut.com/blog/tan-see-leng-may-day-message) [Share this page](https://twitter.com/intent/tweet?url=https://www.thefinancialcoconut.com/blog/tan-see-leng-may-day-message) [![Follow The Financial Coconut](https://no-cache.hubspot.com/cta/default/46975693/interactive-182431637553.png)](https://cta-service-cms2.hubspot.com/web-interactives/public/v1/track/redirect?encryptedPayload=AVxigLL2CjCe42iR2RH2MpVX0Ej%2BKJQ%2F3A0Z7pXnUs35To%2Bo6nbKcpBVq9I98X5NUungVEwfs5YCKuM%2FaP97VxIITkTlihT57%2F%2F4XDW9rT3VR4MatSLDi%2BMU5mbQqihfX3LRRz83ij8K19OiD8UXy8sdct4t0Q%3D%3D&webInteractiveContentId=182431637553&portalId=46975693)   In his May Day 2025 speech, Dr. Tan See Leng, Minister for Manpower, delivered a compelling message about Singapore’s journey toward a stronger, more inclusive workforce. ![100 days as Manpower Minister: Tan See Leng's 'steep learning curve' of puzzling acronyms, issues such as migrant worker dorms - TODAY](https://dam.mediacorp.sg/image/upload/s--Jl4cnYdt--/c_fill,g_auto,h_676,w_1200/f_auto,q_auto/v1/tdy-migration/20210901_ili_dr_tan_see_leng-3.jpg?itok=QBJNWQHj) As the nation celebrates its 60th anniversary and the Ministry of Manpower (MOM) marks 70 years of service, the focus remains on resilience, progress, and collaboration. Here’s a detailed look at the key takeaways from his address—and what they mean for workers, employers, and Singapore as a whole. ![Tripartism and Co-operatives for Workers](https://reunion.ntuc.org.sg/img/our-journey_1970s.jpg) ### **A Legacy of Tripartism: The Foundation of Success** Singapore’s success story is deeply rooted in tripartism. This unique partnership between the Government, unions, and employers has been instrumental in driving economic growth and ensuring fair workplaces. - **Trust and Mutual Respect:** Tripartism works because it is built on trust and mutual respect. - **Global Recognition:** Few countries have achieved such close collaboration between stakeholders. As Dr. Tan emphasised, sustaining this partnership will be crucial in navigating the complexities ahead. ### **Addressing Global Challenges with Local Solutions** The global landscape is fraught with uncertainties. Trade tensions, tariffs, and an unpredictable international order are impacting jobs and incomes worldwide. - **Impact on Workers:** These challenges affect livelihoods, especially for lower-income workers. - **Singapore’s Response:** Despite these headwinds, Singapore is taking proactive steps to protect its workforce. For instance, real wages for the 20th percentile grew by 5.8% from 2019 to 2024. This represents a testament to targeted policies that prioritise sustainable income growth. ![Lower-income platform workers contributing more to CPF from 2024 to get 75% funding from Govt in first year - TODAY](https://dam.mediacorp.sg/image/upload/s--OTZJsHh1--/f_auto,q_auto/c_fill,g_auto,h_622,w_830/v1/mediacorp/tdy/image/2023/02/14/jocpf0214-1_0.jpg?itok=3bYQlZOi) ### **Empowering Lower-Income Workers** One of the cornerstones of Dr. Tan’s speech was the focus on supporting lower-wage workers. - [Progressive Wage Model](https://www.mom.gov.sg/employment-practices/progressive-wage-model/what-is-pwm) (PWM): This initiative ensures that workers earn higher wages as they gain skills and experience. - [Workfare Income Supplement Scheme](https://www.cpf.gov.sg/member/growing-your-savings/government-support/workfare-income-supplement): From 2025, this scheme will be enhanced to provide greater financial support and help workers build retirement savings. These measures aim to uplift those at the bottom rung of the income ladder, ensuring no one is left behind. ### **Pioneering Protections for Platform Workers** Singapore is leading the way in providing legal protections for platform workers. It’s for those in the gig economy. - **CPF Contributions:** Platform workers will now receive Central Provident Fund (CPF) contributions, giving them access to retirement savings and healthcare benefits. - **Work Injury Coverage:** They will also be covered under [work injury compensation schemes](https://www.mom.gov.sg/workplace-safety-and-health/work-injury-compensation/work-injury-compensation-insurance). This dual approach ensures flexibility while safeguarding workers’ rights—a model other nations may soon follow. ![Affordable Elderly Caregiving Services 2025: Costs and Options | NTUC Health Elderly Care](https://assets.ntuchealth.sg/Images/Care-Guide/_fullSizeTwoColumn/senior-doing-crafts-with-preschooler-and-staff1200x628.jpg) ### **Supporting Senior Workers and Caregivers** With an ageing population, supporting senior workers and caregivers is a top priority. - **CPF Contributions for Seniors:** Employers will benefit from extended [CPF Transition Offsets](https://www.notion.so/SG-Budget-2024-Property-Tax-Adjustments-and-CPF-Reforms-190abd7eae6280d887b3f8f736a6e1a2?pvs=21), easing the financial burden of increased contributions for older employees. - **Age-Friendly Workplaces:** Initiatives like the [Tripartite Workgroup on Senior Employment](https://www.mom.gov.sg/newsroom/press-releases/2019/0819-tripartite-workgroup-on-older-workers-releases-its-recommendations) aim to make workplaces more accommodating for seniors. Additionally, new guidelines on flexible work arrangements empower caregivers to balance work and family responsibilities effectively. ### **Ensuring Retirement Security** Retirement assurance is another critical focus area. - **$9 Billion Majulah Package:** This [landmark initiative](https://www.govbenefits.gov.sg/about-us/majulah-package/overview/) aims to uplift those who cannot work or save enough for retirement. - [Silver Support Scheme](https://www.cpf.gov.sg/member/retirement-income/government-support/silver-support-scheme): Provides additional financial support to low-income seniors. - [Matched Retirement Savings Scheme](https://www.cpf.gov.sg/member/infohub/educational-resources/matched-retirement-savings-scheme-what-you-need-to-know): Encourages workers to save more for their golden years through matched contributions. Together, these measures ensure that every Singaporean can retire with dignity. ![SSG | Training Providers Initiatives](https://www.skillsfuture.gov.sg/images/default-source/initiatives/171221467_m-(1).jpg?sfvrsn=3b8d5c64_3) ### **Boosting Business Competitiveness** A strong workforce is vital for business success. To help companies thrive, the Government is rolling out several initiatives. - [Enterprise Workforce Transformation Package](https://www.wsg.gov.sg/home/employers-industry-partners/workforce-development-job-redesign/enterprise-workforce-transformation-package): A $400 million fund to support businesses in upskilling their workforce. - **NTUC Company Training Committee Grant:** [A $200 million top-up](https://www.ntuc.org.sg/uportal/programmes/company-training-committee-grant) to encourage investments in employee training. These programmes underscore the importance of investing in people to drive innovation and competitiveness. ### **Promoting Workplace Safety and Fairness** Singapore has set a global benchmark for workplace safety, achieving a fatality rate of just 1.1 per 100,000 workers. - **Workplace Fairness Act:** Passed to combat discrimination and promote fair employment practices. - **Zero Tolerance for Discrimination:** Reinforces Singapore’s commitment to inclusivity and equality in the workplace. Such efforts create a safe and respectful environment for all workers. ![5 Ways To Empower Your Employees To Do Their Best Work - Work It Daily](https://www.workitdaily.com/media-library/a-manager-thanks-his-employee-for-putting-together-a-packet-of-data.jpg?id=22853976&width=800&quality=85) ### **A Vision for the Future: Empowered Workforce, Thriving Workplaces** Dr. Tan concluded his speech by unveiling MOM’s new vision: “Empowered Workforce, Thriving Workplaces.” - **Opportunities for Growth:** Every worker should have the chance to develop their skills and advance in their careers. - **Success for Employers:** Businesses succeed when they invest in their people. - **Fair and Inclusive Workplaces:** Ensuring equal opportunities for all, regardless of age, gender, or background. This vision encapsulates the aspirations of a nation striving for shared prosperity. ### **What Does This Mean For You? Practical Takeaways** Here are some actionable insights based on Dr. Tan’s speech: 1. **For Workers:** Explore upskilling opportunities through company training programmes and government initiatives. 2. **For Employers:** Leverage grants and subsidies to enhance workforce capabilities and foster inclusivity. 3. **For Seniors and Caregivers:** Take advantage of new policies supporting flexible work arrangements and retirement planning. 4. **For All Singaporeans:** Stay engaged with tripartite efforts to shape a resilient and cooperative workforce. ### ![Fear of not doing it right pushes me': Tan See Leng on his first 100 days as Manpower Minister | The Straits Times](https://static1.straitstimes.com.sg/s3fs-public/articles/2021/09/02/mi_drtan_020921.jpg?VersionId=XDaCXcSQq2IFs_gW_cWAvqqogGMBZCx6?w=860) Dr. Tan See Leng’s May Day 2025 speech is a call to action—for workers, employers, and policymakers alike. By celebrating past achievements, renewing commitments, and embracing innovative solutions, Singapore is poised to build a future filled with opportunities for everyone. As the nation commemorates its 60th anniversary and MOM reflects on 70 years of service, one thing is clear: the spirit of tripartism will continue to guide Singapore toward sustained progress and prosperity. After all, a strong workforce is the backbone of a thriving nation. Let us know what you think about this [topic](https://www.thefinancialcoconut.com/blog/tag/singapore-general-election), and what do you want to hear next. Read more on these party policies breakdown on: - [Full guide comparison on Party's Manifesto - CPF, Housing, Retirement, Wages, etc](https://www.thefinancialcoconut.com/blog/guide-to-the-2025-singapore-election-manifestos) - [Party's Manifestos](https://www.thefinancialcoconut.com/blog/singapore-general-election-manifestos) - [Party's CPF Plans for Singapore](https://www.thefinancialcoconut.com/blog/ge2025-cpf-and-your-retirement) - [Housing comparison](https://www.thefinancialcoconut.com/blog/ge2025-housing-hdb-party-plans) - [Healthcare](https://www.thefinancialcoconut.com/blog/ge2025-healthcare-policy-comparison) - [PMETs & Career](https://www.thefinancialcoconut.com/blog/ge2025-for-pmet) - [Digital Economy Policies](https://www.thefinancialcoconut.com/blog/ge2025-digital-economy-policies) - [Aspirations of Singapore’s Gen-Z, Millennials & Gen-X Workforce](https://www.thefinancialcoconut.com/blog/ge2025-aspirations-for-singapore-generations) - [Balancing Ambition with Financial Realities](https://www.thefinancialcoconut.com/blog/ge2025-balancing-ambition-with-financial-realities) - [Redefining Family and Social Success in Singapore's GE2025 Manifestos](https://www.thefinancialcoconut.com/blog/ge2025-for-family-and-social) You can now be our community contributor and make a [pitch ](https://thefinancialcoconut.com/contact/)to have your favourite personality be on our show. 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