25 Jul '16, 7am

singaporeans talk abt #jobsecurity #unemployment #retrenchment 25-Jul-16:

For the 1st quarter of 2016, Ministry of Manpower (MOM) revealed a record number of retrenchments since 2009. A total 4090 workers were retrenched as Singapore economy slows down and undergo major restructuring. Is your company downsizing and are you on the retrenchment hit list? If not, have you started to future-proof your career? For many years, Singapore refused to develop policies to ensure safety nets for the unemployed. The fear is that in creating such a social safety net, there will be moral hazards as those who lose their jobs may not be motivated to re-enter the labour market again. This is happening in today’s Europe whereby the unemployment benefits are so generous that the workers would rather remain unemployed in order to enjoy the benefits. However, the labour landscape in Singapore has changed drastically over the last few years. There are acute shortage o...

Full article: http://singaporedaily.net/2016/07/25/future-proof-your-ca...

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Future-proof your career against retrenchments:...

thefinance.sg 24 Jul '16, 1am

For the 1st quarter of 2016, Ministry of Manpower (MOM) revealed a record number of retrenchments since 2009. A total 4090...

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