Evaluating Pure Neoclassical Wage Exploitation Among Workforce Differentiated by Gender and Occupations in Singapore

The exploitation of workers can have disastrous consequences for society since their employers' wage exploitation may adversely influence living standards. Under such circumstances, the percentage of poverty and crime would rise. Due to the importance of adverse impacts of wage exploitation on workers' livelihoods, this study analyzes the concept of pure exploitation in Singapore during the period from 2011 to 2018. To accomplish this aim, the marginal revenue product (MRP) and average revenue product (ARP) of the gender and occupational groups defined by this study are compared to the groups' wages. The existence of pure exploitation among the groups, according to the obtained results, has been demonstrated. The findings also indicate that the female groups' degree of wage exploitation has been more significant than the male groups' figure.