This is why Singaporeans are losing jobs

windwaver

High Supremacy Member
Joined
Apr 28, 2000
Messages
33,390
Reaction score
2,416
Looks like experience will bring us nothing, but the liability of high cost(salary), unless we are willing to eat the humble pie to take low salary! Is that even possible with high hdb loans, each of us is taking?

That is very true for some sectors so bad luck if you're in those sectors. The worse thing is manpower supply for those sectors which are badly affected (low wages) are still flooded with extra manpower.
 

sunzoner

Arch-Supremacy Member
Joined
Feb 16, 2002
Messages
14,868
Reaction score
343
...

AnimeNewbie comments: The rich corporations are always talking about cutting costs while they never talk about cutting their own profits to help their employees. Looks like experience will bring us nothing, but the liability of high cost(salary), unless we are willing to eat the humble pie to take low salary! Is that even possible with high hdb loans, each of us is taking?

corporate profits come from only two places, the consumer and the workers.
 

PeanutButtor

High Supremacy Member
Joined
Jun 9, 2010
Messages
29,399
Reaction score
3,291
Friday's edition of Shin Min newspaper reported that Mediacorp pays Liang Tian(梁田), an old actor with 30 years experience, $1000 monthly! Before negotiation, the original contract was $750! Liang Tian says he is not going to recontract if mediacorp is reducing his salary again when his contract ends in April next year.

Another experienced actor(middle aged), Yan Bing Liang(严炳量), says his new contract is $1700 salary which is lower than a coffeeshop boy(reportedly $1800), without room for negotiation! Bing Liang is ending employment with Mediacorp to work as full-time property agent! He has been working as part-time property agent for quite some time and that job fetches him $2000 monthly. Working full-time, he is confident that he can easily earn $5000.

PS, I do not have a scanner to scan this news report to attach here. Sorry!

AnimeNewbie comments: The rich corporations are always talking about cutting costs while they never talk about cutting their own profits to help their employees. Looks like experience will bring us nothing, but the liability of high cost(salary), unless we are willing to eat the humble pie to take low salary! Is that even possible with high hdb loans, each of us is taking?

This has been this way for many donkey years, we singaporean are like prostitutes to this corp or non-corp, they will lowball us and exploit govt dumb policy. I foresee, I have to prepare my kids in future to be capable working overseas.
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top