"Singapore will seek to stabilise the number of foreign workers amid growing discontent about rising housing costs, crowded public transport and stagnant wages for low-income workers"
A continued rapid infusion of foreign workers will also inevitably affect the Singaporean character of society. Singapore doesn't have a minimum wage, and opposition parties argue foreign workers help keep salaries low, especially at the expense of poorer Singaporeans. The Hindu : Opinion / Op-Ed : Singapore seeks to slow surge in foreign workers
The easy availability of foreign labour reduces the incentives for companies to upgrade, design better jobs and raise productivity.
Companies are now expected to boost productivity through investment in technology and worker training rather than relying on foreign workers.
Companies are now expected to boost productivity through investment in technology and worker training rather than relying on foreign workers.
No comments:
Post a Comment
To check spam, comments on older posts are moderated, so expect some delay before your comments are published