True enough its quite near to the theory of income equaliser. However, i believe not everyone doing the same job in this world will receive the same pay. This is because of the immobility of factors. Just look at Singapore its difficult for meals to leave and work overseas for a couple of years.Originally posted by LazerLordz:that sounds suspiciously like a theory once described as being the income equaliser for the 1st world and the 3rd world.
Will the people in the 1st World be keen to merely have a job?![]()
Employers are more interested with whether you can bring in more money for the company. Regardless of whether your cert is from NTU or U of Madras, whoever can bringin more money for the company deserves a higher pay.Originally posted by NewAge:I for one will hate to have the same salary that a graduate from Indian University if i have a local university cert.
Fresh grads are the lowest lifeforms around...they should have interned with big MNCs when they were still in business school. That will give them an advantage when they graduate. They should aim to work for big MNCs, perhaps the company where they did their intern previoulsy even if the pay is a pittance...it's postgraduate training for them.Originally posted by ShutterBug:Very true, what you said.
Then locally we will be stock-piling a lot of young fresh uni grads in business with no experience and no one to hire them. And for those who ventured overseas and got a chance - will they return??
Something is fundamentally wrong womewhere - I just feel that our gov is not helping our local pool of human resource grow.
heheheee....Originally posted by oxford mushroom:Fresh grads are the lowest lifeforms around...they should have interned with big MNCs when they were still in business school. That will give them an advantage when they graduate. They should aim to work for big MNCs, perhaps the company where they did their intern previoulsy even if the pay is a pittance...it's postgraduate training for them.
If there is an opportunity to work overseas, go for it. Make a name overseas and then return to Singapore after 10 years or so...
It's about the overall climate and liveability of a particular city that affects an individual's choice to stay, after his economic needs are met.Originally posted by ShutterBug:heheheee....
After 10 years working abroad, I seriously doubt many would choose to return... This is HOW we're losing our own true talents!
Foreigns who come here, are also likely to not stay after they've made enough money and wants to live it up back in their larger homeland - and more freedom to do things.
I tell you, Singapore's economic machinery is ONLY interested in making money. When it comes to providing learning platforms for the freshies, it's a rarity if any. Hence, many of my distant relatives whose sons and daughters are enroute to tertiary level education, cites firm decisions to further their studies abroad and root their ambissions there.
Well said!!!!Originally posted by ShutterBug:heheheee....
After 10 years working abroad, I seriously doubt many would choose to return... This is HOW we're losing our own true talents!
Foreigns who come here, are also likely to not stay after they've made enough money and wants to live it up back in their larger homeland - and more freedom to do things.
I tell you, Singapore's economic machinery is ONLY interested in making money. When it comes to providing learning platforms for the freshies, it's a rarity if any. Hence, many of my distant relatives whose sons and daughters are enroute to tertiary level education, cites firm decisions to further their studies abroad and root their ambissions there.
Haiya...!Originally posted by robertteh:If MM Lee had indeed the foresight about the coming globalization, and the need to compete with the outside world, then he should have relented on his tight-fisted controls on the following:-
(1) Liberalised the Elitist education system back in 1980s
(2) Changed the top-down autocratic leadership style and adopt a system which allows all to level up and compete on collective broad-based knowledge application.
(3) Stopped the GLCs from competing against their own domestic business who are paying them taxes and fees. (Bite the fingers that feed them)
(4) Liberalise tight controls on the media and blogging.
Now our domestic sector of the economy has to play catch-up in technology race with Korea, Taiwan and many others who have gone ahead due to their foresight in promoting broad-based education and entrepreneurship.
It is not too late to do so. It is better to admit the problem caused for many years rather than to be rhetorical and give advices without facing the facts.
What I note is that our gov only wants to make money quickly. So whether some locals can catch up or not, they don't care. So long as they can continue to make MORE money, they will just saturate our job market with lots of FW levees to collect.Originally posted by foomwee88:Sg has a very weired gov,they admitted cost of living is high but the ministers asked us to provided solutions as is we r the one who created them!!wat r they paid a millS$ plus pension everyyr 4???
Globalisation is a natural economic trend in this world, Spore can not take exception to it but we can minimise the impact on average Sporeans who hve no skill or w/outdated skills.
We r not afraided of competition same as our children but it must be fair and resonable especilly this is our country which is not belonging to PRC /whichsoever!!!We dont owe these PRC a living here!!!
TW is a very good mirror 2 our present gov , they allowed unrestricted entry of VN grls for the past yrs and now these VN grls hve given birth to about 100,000 children and it is predicted the situation 2 become worst w/in 10 yrs, when social n crime problems will be more critical n difficult for the next gov to resolve them.
IMF is just a way for the gov to build up global contact and to spend the money they earn frm the GIC and temasekOriginally posted by ShutterBug:What I note is that our gov only wants to make money quickly. So whether some locals can catch up or not, they don't care. So long as they can continue to make MORE money, they will just saturate our job market with lots of FW levees to collect.
Look at IMF; because of wooing delegates, retailers potential loss of sales is completely overlooked!
Selfish or what?
U r right! 4 PAP gov global contacts n not Sporeans!!!Originally posted by NewAge:IMF is just a way for the gov to build up global contact and to spend the money they earn frm the GIC and temasek
Better to hve a plan 2 leave our beloved country n let the PRC Fallen Ts 2 take ove us lah!!!Originally posted by ShutterBug:What I note is that our gov only wants to make money quickly. So whether some locals can catch up or not, they don't care. So long as they can continue to make MORE money, they will just saturate our job market with lots of FW levees to collect.
Look at IMF; because of wooing delegates, retailers potential loss of sales is completely overlooked!
Selfish or what?
It is 4cable,these bund of PRC chinese nationals ,they r unlike Malaysia Chinese who will not integrate into our culture,if u understand their culture after the revolution by great Mao in PRC!!!Originally posted by lotus999:yes, we can't block globalisation but let hope the govt are prepared for any frictions:
Football
Abuses and taunts
China-Vs-Singapore Asian Cup game shows large foreign influx holds potentials for friction.
By Seah Chiang Nee of littlespeck.com
Sep 9, 2006
A newspaper (Lianhe Wanbao) has reported that Singaporeans almost got into a fight with mainland-Chinese fans, many of them permanent residents (PRs), during Wednesday's Asian Cup qualifying match at Kallang stadium.
Both sides were hurling abuses at each other. Some locals, who were outnumbered, were yelling at them to "go back to China."
During the match, some mainlanders moved in front of a section of the Singapore crowd to wave their flag and taunt the people around, according to one eyewitness.
Another Singaporean said, "I thought I was in China - not Kallang stadium. There are so many China supporters; I think 80% of the seats in the grandstand was filled up by mainland Chinese."
He was worried by the implications. "Is this the beginning of something very seriously wrong? I think this is just the tip of the iceberg, with more FT coming.
"I think it will have a very serious social impact on our country."
A Chinese fan said he and his colleagues went to show support for the home team, China and felt that Singaporeans were not supportive enough of their national side. "They probably think that they've nothing to gain from going."
Some see it as a blow for Singapore soccer and its 'foreign talent' policy, proving that the government's effort to lure Chinese mainlanders (among others) to settle here as loyal citizens.
One critic said this would not work because "in the end, they will still support their motherland"
A more sober voice: "As PRs - not citizens - the mainlanders keep their loyalty to China. All it means is that they want to reside and work here, nothing more."
But he added, "It's only some silly Singaporean politicans who believe that money can buy people's loyalty."
The Chinese are not the only targets; others like the Indians and Westerners have occasionally been included.
Not long ago, some south Asians, especially Bangladeshis, were accused to have molested local girls along Orchard Road during busy festivals.
The incident reveals the underlying feelings Singaporeans have towards 'foreign talents" despite Prime Minister Lee Hsien Loong's appeal for people to welcome them and make them feel at home.
Many Chinese PRs here are very proud of their country and sometimes behave arrogantly towards Asians.
Because of their large numbers in Singapore - still growing - this could result in a clash one day that no one wants.
Unruly behaviour is alien to the Singaporean fans and soccer riots are not likely except under extreme provocation.
A Shanghai sports channel commentator said it was the first time in an away-match in which PRC supporters outnumbered home fans. The camera then covered the sea of PRC flags being waved inside and outside the stadium.
He then interviewed some mainlanders, most of whom were either working or studying here. Some one shouted, "zhu3 guo2 wan4 sui4' ("ten thousand years of motherland".)
There are two interpretations of what had happened.
One is that it was normal zeal by sports supporters, so Chinese residents in Singapore supporting their national team was a natural thing.
Secondly, it's not just about cheering for the home team. Singapore is seen as offering jobs and PRs to a large number of them, even at the expense of locals, only to have them running down their hosts.
There was, however, one soothing outcome to all this.
Despite its cheering fans, China - with a 1.3b population - was held to a goal-less draw by tiny Singapore (4m people) in an Asian Cup qualifying round.
Ten thousand cheers to the national team!
China's people just exposed to the world, have all their heads in the clouds mah....Originally posted by Wind6:Oh the PRC are damm proud of their homeland. Heard from my china colleagues tat they almost got in fight wif the locals with all the taunting going on in the stadium. They expect their home team to trash us though. But to their disappointment. Expect more things frm them![]()
Originally posted by Wind6:Oh the PRC are damm proud of their homeland. Heard from my china colleagues tat they almost got in fight wif the locals with all the taunting going on in the stadium. They expect their home team to trash us though. But to their disappointment. Expect more things frm them![]()