MOM takes action against 47 firms & investigating 240 others for possibly favouring foreign job applicants over S'poreans

[Fcw75]

  On 9/6/2020 at 2:42 PM, Thaiyotakamli said:

Free rider againnnnnn hahahaha

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Actually to me this is the real Free Rider Syndrome. Reason is people assume others will go and vote so they didn't bother to go. 

Whereas for us we actually take the effort to go down to voting station and queue up to vote, some even queued more than one hour. How can that be considered Free Rider?

KNN...

 

[Wt_know]

  On 9/6/2020 at 2:44 PM, t0y0ta said:

There is pressure from top to be lenient to foreigner hiring.

In the name of free market and so as to continue to make SG attractive to foreign companies to operate in, which holistically is not a wrong goal, the question is how open-legs you need to be before you become TOO attractive.

I have seen one company - is literally a small shop of 3 CECAians, I believe probably at least 1 or 2 of them are PR. They are bidding for govt projects. They rent a small office in one of the new industrial buildings as office. Whenever they need certain expertise consultant, they fly someone down from CECAland whom I believe is just a 3rd party that they pay time for. This is the type of company which I feel is strange that it even exists here.

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many tech company and so called start up ... headcount in spore is 3-5 people ... lucky if got 1-2 locals

then they said they have thousands of consultant, expert, project manager, ICT professionals etc can fly in within 1 week

said everything on the cloud ... no need people here ...

Edited September 6, 2020 by Wt_know

[Victor68]

  On 9/6/2020 at 12:29 PM, Mkl22 said:

Consultants ah? A lot of hog wash. Even fresh grads can be hired as consultants. Hahhaha. 

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There are basically 2 types. 1st is what you have described. Companies give high sounding titles to justify the fee. The 2nd are those supposed to be 'expert' in their field to share or lead. Many are based on 'background' of these people instead of true values.

[Volvobrick]

  On 9/6/2020 at 2:49 PM, Fcw75 said:

Actually to me this is the real Free Rider Syndrome. Reason is people assume others will go and vote so they didn't bother to go. 

Whereas for us we actually take the effort to go down to voting station and queue up to vote, some even queued more than one hour. How can that be considered Free Rider?

KNN...

 

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No need to bother with what a sore loser calls non supporters of his/her....

 

[Sosaria]

  On 9/6/2020 at 12:29 PM, Mkl22 said:

Consultants ah? A lot of hog wash. Even fresh grads can be hired as consultants. Hahhaha. 

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This one i really don't understand, how big name consultancy firms can recruit fresh grads. Got value?

[inlinesix]

  On 9/7/2020 at 12:12 AM, Sosaria said:

This one i really don't understand, how big name consultancy firms can recruit fresh grads. Got value?

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Similar to audit, need cheap labour to do number crunching.

[Mockngbrd]

I like cowgirl rider

[Ct3833]

  On 9/7/2020 at 12:12 AM, Sosaria said:

This one i really don't understand, how big name consultancy firms can recruit fresh grads. Got value?

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The big 4 hire a lot of fresh grades  every year , they are deployed to do lower value add job like tax, audit etc. but it gives the fresh grades an opportunities to be trained ,  progress and grow in the organisation. some left to do other job when they have learned enough skills and experience after a few years. 

[Yewheng]

  On 9/6/2020 at 10:53 AM, yishunite said:

Brexit was the stupidest thing a nation has ever done to itself

But i fear that if gahmen dont wake up their idea here in sg, ppl who have lost out of the sg dream will also vote for a stupid self harming govt that will make Brexit look like a success story

Thats why we "free riders" needed to give them a tight slap. If they had "strong mandate" u think any of this labour issues would have surface?

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Actually it is not the stupidest thing. Coz the once exit of European Union would mean that if other Europe nation is doing things recklessly, the country that is out of European Union would not need to subsidise for their reckless action. So in the long run it is actually good, in a short run it would be quite messy coz of political issues and a lot of people protesting, temporarily lost of confidence and etc.. 

Edited September 7, 2020 by Yewheng

[Yewheng]

https://m.huffingtonpost.co.uk/entry/brexit-boris-johnson-trade-deal_uk_5f565588c5b6946f3eb5601a?ncid=fcbklnkukhpmg00000001&utm_campaign=share_twitter

People must see things in perspective.. This brexit drag for 4 years and still not fully settled yet. So the real effects of brexit can be only be seen after it is officially settled. So these 4 years are actually all political and protest and lack of confidence issue that is causing UK to be not in such a good shape. After the brexit is done deal, it would be up to the leader in charge to chart the water. By then it is the action of the leader that could mean progress or deteriorate of a nation. 

[Fcw75]

Leader such as BoJo?

[Victor68]

  On 9/7/2020 at 3:21 PM, Ct3833 said:

The big 4 hire a lot of fresh grades  every year , they are deployed to do lower value add job like tax, audit etc. but it gives the fresh grades an opportunities to be trained ,  progress and grow in the organisation. some left to do other job when they have learned enough skills and experience after a few years. 

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You are too polite. The big 4 tap on these cheap labour and make them slaves. Every year got new supply, so why worry? The question is, did ALL the fresh graduates received proper training and how many landed up doing what they are supposed to be trained? Not only those that left and switch career, tax payers also invested on them through their education. Is this what our unis would like to see? If answer is not, then what would have been better?  

[Sdf4786k]

  On 9/7/2020 at 12:16 AM, inlinesix said:

Similar to audit, need cheap labour to do number crunching.

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Auditors are now registered as limited liability company. 
 

have you met a auditor who knows the business sense of the word, or just looking at the reports and if Heng, meet the quota of observations, else sway, do many dubious fees that have to refrain from signing the report 

[Volvobrick]

  On 9/8/2020 at 1:53 AM, Fcw75 said:

Leader such as BoJo?

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He beats all the "leaders" here hands off.

[inlinesix]

  On 9/8/2020 at 7:44 AM, Victor68 said:

You are too polite. The big 4 tap on these cheap labour and make them slaves. Every year got new supply, so why worry? The question is, did ALL the fresh graduates received proper training and how many landed up doing what they are supposed to be trained? Not only those that left and switch career, tax payers also invested on them through their education. Is this what our unis would like to see? If answer is not, then what would have been better?  

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Without going through the 3 years, these fresh grads can't get their CPA.

Within that 3 years, the attrition rate is low. 

Ppl who left within the 3 yrs usually DON'T do Accounting work for the rest of their life.

[inlinesix]

  On 9/8/2020 at 7:45 AM, Sdf4786k said:

Auditors are now registered as limited liability company. 
have you met a auditor who knows the business sense of the word, or just looking at the reports and if Heng, meet the quota of observations, else sway, do many dubious fees that have to refrain from signing the report 

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Audit Partners are required to go out and search for new biz.

New biz is part of the KPI

[Victor68]

  On 9/8/2020 at 8:23 AM, inlinesix said:

Without going through the 3 years, these fresh grads can't get their CPA.

Within that 3 years, the attrition rate is low. 

Ppl who left within the 3 yrs usually DON'T do Accounting work for the rest of their life.

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So the attrition rate within the initial 3 years is low? Do we have a number or in this case maybe percentage for this group alone?

[inlinesix]

  On 9/8/2020 at 8:46 AM, Victor68 said:

So the attrition rate within the initial 3 years is low? Do we have a number or in this case maybe percentage for this group alone?

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You have to ask Big 4 HR.

Similarly, legal profession also have high attrition rate.