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Old 01-11-2014, 03:00 AM
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Thumbs up “no need degree” mystery solved?

An honorable member of the Coffee Shop Has Just Posted the Following:

“NO NEED DEGREE” MYSTERY SOLVED?

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31 Oct 2014 - 2:14pm









Why “no need degree”?
We have been wondering and trying for some time now to find the statistics to try to explain why the recent rhetoric that “you do not need to have a degree”?
Well, we think we may have found it.

S-Pass increased 99%?
According to the Ministry of Manpower’s (MOM) web site – in the last 4.5 years, from December 2009 to June 2014 – the number of Employment Pass increased by 55%, from 114,300 to 176,600.

S-Pass increased by a whopping 99%, from 82,800 to 164,700.

Other Work Passes (such as foreign spouses on Letters of Consent) increased by 183%, from 5,200 to 14,700.

Work permits increased only 8%?

In contrast, Work Permits (excluding foreign domestic workers and construction workers) increased by only 8%, from 409,500 to 441,300.

PMET jobs?
We believe whilst the majority of Singaporeans may accept that lower-pay jobs which are often filled by foreign workers on work permits, may be generally jobs that Singaporeans may shun – the Employment and S-Pass may clearly and widely be seen as taking away jobs and depressing wages, particularly for Professionals, Managers, Engineers and Technicians’ (PMETs) jobs that Singaporeans want.







No CPF, no quota, no levy?
Moreover, the Employment Pass and Letter of Consent do not have foreign worker levies and are not counted in the foreign workers’ quota, and together with the S-Pass – also do not require employer CPF contributions.

S-Pass increased at the rate of change of 11 times that of work permits?
As the above analysis show – the S-Pass increased by more than 11 times (99% divided by 8%) on a relative basis, compared to work permits.

“Statistically” unsustainable for degree holders?
So, perhaps the “statistical” reasons for the “no need degree” may be the huge influx of non-work permit foreign workers.
Eureka!



S Y Lee and Leong Sze Hian
P.S. Come with your family and friends to the 5th Return Our CPF protest on 29 November 4 pm at Speakers’ Corner
https://www.facebook.com/events/796694730417598/


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