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20-10-2013, 01:40 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
60-year-old FT gets EP approval for first job in S’pore (http://www.tremeritus.com/2013/10/15/60-year-old-ft-gets-ep-approval-for-first-job-in-spore/)
http://images.dmca.com/Badges/dmca_protected_sml_120n.png?ID=f11d7371-0ef1-483b-888a-04e8d2ba2e94
http://www.tremeritus.org/wp-content/themes/WP_010/images/PostDateIcon.png October 15th, 2013 | http://www.tremeritus.org/wp-content/themes/WP_010/images/PostAuthorIcon.png Author: Contributions (http://www.tremeritus.com/author/contributor/)
http://www.tremeritus.org/wp-content/uploads/2012/05/indian_IT.png
PMETs from India
Last month, I overheard the phone conversation of an Indian man in a common
area in a building. He spoke with heavy accented English saying “I am 60 years
old, divorced and have lost contact with my overseas children. If you employ me
with EP $3000, I can pay the company back $1000, trust me. $2000 is sufficient
for me, for any job. I beg you please give me a job, otherwise, I can’t pay
bills and may have to sleep on the streets or have to go back to my home
country.”
He is one of the contacts of an employment agency in the building. Everyday
there are FT applicants coming to the employment agency office to apply for
jobs.
I sympathized with that man, and wondered if he could find a job. The three
industry sectors that employ people from South Asia are bank IT, helpdesk and
F&B. Bank IT and help desk are for younger FTs below 40 years old and
F&B waiter jobs are physically too vigorous for a person in his 60s. So I
thought he may not be able to find a job. Even if he got a job MOM may not
approve it. Isn’t it better for him to go back to his home country where cost of
living is more affordable? Or at least he can grow vegetables and rear chicken
in his backyard and have decent retirement.
This month, out of curiosity, I asked the employment agency, where was that
man, had he gone back to his home country. To my surprise, he said the 60 year
old got an EP job in Singapore and is happily employed!
There is a sense of bewilderment, puzzlement. Why does MOM approve EP for a
60-year-old FT, when fully qualified locals in their 40s are having difficulty
getting jobs? How would employing senior citizen FT help our population problem?
Wouldn’t it make it worse, with more old folks to support?
I think the FT situation in banking sector is at the point of no return, as
it is already heavily entrenched by FT, at the dept manager level, HR level,
director and CEO level are infiltrated by them. Since 2011 to the present,
majority of the newly employed are FTS, locals are minority. 75% of those
earning above $12,000 are FT, locals are minority. More than 500,000 FT has been
added to the workforce since the last election, inspite of the authorities’
promise to tighten the flow. The only chance to change the situation is a big
recession similar to the one in early 2000s.
It seems that internally in MOM, the KPI (Key Performance Indicators) is to
meet a target of 6 million population before the next election, while rejecting
some work pass application to show public, they are doing something. And then
ramp up to 6.9m after the 2016 election, when people can’t oppose.
To the public, MOM announced some cosmetic policies like Fair Consideration
Framework while deep inside they are doing something else. Do you think they are
sincere?
Fair Consideration for FT
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?166483-60-year-old-Indian-FTrash-gets-EP-approval-for-first-job-in-S’pore&goto=newpost).
60-year-old FT gets EP approval for first job in S’pore (http://www.tremeritus.com/2013/10/15/60-year-old-ft-gets-ep-approval-for-first-job-in-spore/)
http://images.dmca.com/Badges/dmca_protected_sml_120n.png?ID=f11d7371-0ef1-483b-888a-04e8d2ba2e94
http://www.tremeritus.org/wp-content/themes/WP_010/images/PostDateIcon.png October 15th, 2013 | http://www.tremeritus.org/wp-content/themes/WP_010/images/PostAuthorIcon.png Author: Contributions (http://www.tremeritus.com/author/contributor/)
http://www.tremeritus.org/wp-content/uploads/2012/05/indian_IT.png
PMETs from India
Last month, I overheard the phone conversation of an Indian man in a common
area in a building. He spoke with heavy accented English saying “I am 60 years
old, divorced and have lost contact with my overseas children. If you employ me
with EP $3000, I can pay the company back $1000, trust me. $2000 is sufficient
for me, for any job. I beg you please give me a job, otherwise, I can’t pay
bills and may have to sleep on the streets or have to go back to my home
country.”
He is one of the contacts of an employment agency in the building. Everyday
there are FT applicants coming to the employment agency office to apply for
jobs.
I sympathized with that man, and wondered if he could find a job. The three
industry sectors that employ people from South Asia are bank IT, helpdesk and
F&B. Bank IT and help desk are for younger FTs below 40 years old and
F&B waiter jobs are physically too vigorous for a person in his 60s. So I
thought he may not be able to find a job. Even if he got a job MOM may not
approve it. Isn’t it better for him to go back to his home country where cost of
living is more affordable? Or at least he can grow vegetables and rear chicken
in his backyard and have decent retirement.
This month, out of curiosity, I asked the employment agency, where was that
man, had he gone back to his home country. To my surprise, he said the 60 year
old got an EP job in Singapore and is happily employed!
There is a sense of bewilderment, puzzlement. Why does MOM approve EP for a
60-year-old FT, when fully qualified locals in their 40s are having difficulty
getting jobs? How would employing senior citizen FT help our population problem?
Wouldn’t it make it worse, with more old folks to support?
I think the FT situation in banking sector is at the point of no return, as
it is already heavily entrenched by FT, at the dept manager level, HR level,
director and CEO level are infiltrated by them. Since 2011 to the present,
majority of the newly employed are FTS, locals are minority. 75% of those
earning above $12,000 are FT, locals are minority. More than 500,000 FT has been
added to the workforce since the last election, inspite of the authorities’
promise to tighten the flow. The only chance to change the situation is a big
recession similar to the one in early 2000s.
It seems that internally in MOM, the KPI (Key Performance Indicators) is to
meet a target of 6 million population before the next election, while rejecting
some work pass application to show public, they are doing something. And then
ramp up to 6.9m after the 2016 election, when people can’t oppose.
To the public, MOM announced some cosmetic policies like Fair Consideration
Framework while deep inside they are doing something else. Do you think they are
sincere?
Fair Consideration for FT
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?166483-60-year-old-Indian-FTrash-gets-EP-approval-for-first-job-in-S’pore&goto=newpost).