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


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5 minutes ago, inlinesix said:

You have to ask Big 4 HR.

Similarly, legal profession also have high attrition rate.

I thought you know that is why you say is low. Even if they leave after the 3rd year and the big 4 continue to recruit fresh guys, either they are doing a public service by training them or somebody else has been shortchanged. Wonder is this practice common is every country. 

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11 minutes ago, Victor68 said:

I thought you know that is why you say is low. Even if they leave after the 3rd year and the big 4 continue to recruit fresh guys, either they are doing a public service by training them or somebody else has been shortchanged. Wonder is this practice common is every country. 

From Fresh Grad to Manager, usually takes 5 years.

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On 9/6/2020 at 10:53 PM, Wt_know said:

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 ...

This has been the practice for many years. If there's a need to have long term employment in SG but already on watch list, no worries, simply engage manpower agencies to employ more such CECA.

Since these external CECA aren't their own headcount, they won't appear under the radar.

I have heard of some companies have engaged more than 10 such agencies to help them. 

I am surprised after so many years MOM do not know such practices yet.. or not willing to take action to clamp such agencies?

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2 hours ago, 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?  

Training as in on the job😅😅

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12 minutes ago, Sdf4786k said:

Ironically, he’s speaking at STANDARD CHARTERED virtual forum where I read they have the highest number of FT among banks.

 

One recent Singaporean graduate told the Telegraph that “many of my peers and I are completely disillusioned by the government…We see ourselves completely at odds with the foreign population. At every turn, citizens are disadvantaged. There really isn't any prominent country that has such high foreign population.”

Good! Make more young people fed up with PAP.

Edited by Fcw75
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1 hour ago, inlinesix said:

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

New biz is part of the KPI

Seems like franchise biz non food related 😂 

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9 minutes ago, Fcw75 said:

Ironically, he’s speaking at STANDARD CHARTERED virtual forum where I read they have the highest number of FT among banks.

 

One recent Singaporean graduate told the Telegraph that “many of my peers and I are completely disillusioned by the government…We see ourselves completely at odds with the foreign population. At every turn, citizens are disadvantaged. There really isn't any prominent country that has such high foreign population.”

Good! Make more young people fed up with PAP.

I see either the telegraph gets profma or cna getting profma 

 

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12 hours ago, inlinesix said:

Straight out of Uni, It takes 5 years (thereabout) to be Audit Manager in Big 4.

5 years

Is that considered fast track?.. I'm not in that line,  just curious

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15 hours ago, Sdf4786k said:

I wonder if she voted Brexit or not 🤣🤣🤣🤣

 

"Since July the mood has dramatically shifted against foreign workers,” said another British woman who did not wish to be named. “My advice to anyone considering moving to Singapore on assignment would be – don’t do it, you have no rights here, they don’t want you.”

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36 minutes ago, Playtime said:

I wonder if she voted Brexit or not 🤣🤣🤣🤣

 

"Since July the mood has dramatically shifted against foreign workers,” said another British woman who did not wish to be named. “My advice to anyone considering moving to Singapore on assignment would be – don’t do it, you have no rights here, they don’t want you.”

Dont be fooled. The union in uk is quite protective of the workers right. So the expectation is they expect the same amount of support is what she is referring to.

I suppose we should also compare and contrast the workers union of us and uk and adjust our workers benefot for the fees that is been paid.

There was some echo of publishing names of 30 or so banking and financial organisationon the discrimination and while little or no detail has been shared on the actual phyiscal numbers, we still are clueless on how it came about or which single source is ben referred to.

added to this, 47 +240 were detected. How many thousands have gone undetected? May not be thousands , but what is the message to those that are thinking about it since they will still operate incognito.?

I half suspect most big banks use some technology to sheeve out the applicants and just blame the system for not selecting the singaporean applicant base on the SEO on the enterprise system and MOm would probably also take into consideratiom such anomalies.

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59 minutes ago, Playtime said:

5 years

Is that considered fast track?.. I'm not in that line,  just curious

5 years is typical scenerio. 

There are ppl that got 2 double promotion.  It is shorten to 3 years.

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17 hours ago, inlinesix said:

From Fresh Grad to Manager, usually takes 5 years.

So fast, no wonder nowadays many youngsters only in their late 20 or early 30s already reached manager level.

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17 hours ago, Victor68 said:

I thought you know that is why you say is low. Even if they leave after the 3rd year and the big 4 continue to recruit fresh guys, either they are doing a public service by training them or somebody else has been shortchanged. Wonder is this practice common is every country. 

I would say is good training, pay low considering the horrible hours. It's like being houseman in the final medical year. Lots of practical/hands on.

And big4 bread and butter is audit....in accountancy curriculum, audit is only one of the many modules, so in a way I do agree they are doing giving ng practical training.

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16 hours ago, Fcw75 said:

Ironically, he’s speaking at STANDARD CHARTERED virtual forum where I read they have the highest number of FT among banks.

 

One recent Singaporean graduate told the Telegraph that “many of my peers and I are completely disillusioned by the government…We see ourselves completely at odds with the foreign population. At every turn, citizens are disadvantaged. There really isn't any prominent country that has such high foreign population.”

Good! Make more young people fed up with PAP.

I guess maybe many young people really are fed up with PAP, if not sengkang would not lose liao. Since sengkang is a place where many young people stay. Lol.

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10 minutes ago, 13177 said:

So fast, no wonder nowadays many youngsters only in their late 20 or early 30s already reached manager level.

For Female, mid 20s already Big 4 Audit Manager.

How many can stay so long in Audit?  Not many

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1 hour ago, Sdf4786k said:

Dont be fooled. The union in uk is quite protective of the workers right. So the expectation is they expect the same amount of support is what she is referring to.

I suppose we should also compare and contrast the workers union of us and uk and adjust our workers benefot for the fees that is been paid.

There was some echo of publishing names of 30 or so banking and financial organisationon the discrimination and while little or no detail has been shared on the actual phyiscal numbers, we still are clueless on how it came about or which single source is ben referred to.

added to this, 47 +240 were detected. How many thousands have gone undetected? May not be thousands , but what is the message to those that are thinking about it since they will still operate incognito.?

I half suspect most big banks use some technology to sheeve out the applicants and just blame the system for not selecting the singaporean applicant base on the SEO on the enterprise system and MOm would probably also take into consideratiom such anomalies.

I guess my point is does the uk workers... and their union... advocate for more FT while facing native unemployment. as this british lady seems to be for singapore

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