He favoured foreigners when he was boss, now he is retrenched, he wants PMET levy

[SadPlumpGal]

Out of job General Manager and Financial Controller who favoured hiring foreigners over locals demands PMET levy so that he can be hired back

http://www.todayonline.com/voices/singapore-can-consider-levy-foreign-pmes

Lim Kay Soon
.
Published: June 4, 4:03 AM

The Government has said the economy would suffer if Singapore were to impose restrictions on employment of foreign professionals, managers and executives (PMEs), as companies would move to countries with lower PME costs.

Companies that are established here, though, would not move out over just one cost factor — a foreign PME levy.

Singapore offers them many benefits to operate here, compared with elsewhere. These include: Among the lowest corporate tax rates in the world, efficient infrastructure such as air and sea ports and robust public utilities, clear and effective business laws and a safe business environment — no burning of factories, et cetera.

A levy would level the playing field and rebalance living standards between local and foreign PMEs.

After all, Singaporeans have contributed to the said benefits for firms, by doing National Service to ensure a safe environment. We also pay civil servants and government officials well to ensure efficient business regulations and keep corporate tax low.

Should the companies that choose to move away due to a foreign PME levy do so, it is not worth holding them back.

Ultimately, if too many locals are allowed to be replaced by foreign PMEs, the latter would eventually return to their home countries with enhanced skill sets and experiences, further strengthening those economies, to the detriment of Singapore.

 

[SadPlumpGal]

His previous letter saying foreigners cost 40% less and do same work


http://www.straitstimes.com/premium/forum-letters/story/local-pmes-dont-have-it-easy-20140531

Local PMEs don't have it easy
Published on May 31, 2014 1:22 AM


I REFER to the report ("MPs want more protection, support for local PMEs"; Tuesday)

When I was the general manager of a local IT company and, subsequently, a financial controller for a Dutch multinational corporation, I preferred hiring foreign mid-level staff for the following reasons:
The company did not need to pay CPF contributions for them;
Their salary expectations were lower than Singaporeans'; and
Their skill sets and experiences were on a par with those of Singaporeans.



The total cost differential between local and foreign professionals, managers and executives (PMEs) was 20 to 40 per cent.

An Asian foreign employee with a degree and work experience can easily afford a city apartment and family sedan in his home country if he makes $200,000 during his stint here.

In Singapore, $200,000 would allow a Singaporean with the same qualifications to buy only a three-room HDB flat in outlying regions like Woodlands or Jurong. A family car would set him back by $120,000.

An Asian foreigner's cost of living back home is so much lower than ours. Hence, he is more willing to work for $3,000 to $5,000 a month. But a Singaporean graduate earning $4,000 a month will be trying to keep up with inflation.

It does not make sense that a foreign PME working here has a bright future, while his Singaporean counterparts are struggling with their living expenses, unless they are in strong sectors like banking and health care, where pay is high.

A levy is imposed when one hires a maid, but there is no such tax for hiring foreign PMEs. No wonder foreign PMEs were replacing local ones at an increasing rate until tighter restrictions were imposed last year.

At the moment, the local PME retrenchment rate is still high as employers are hiring foreigners for the cost savings.

Over the medium to long term, this will weaken Singapore's economy as local PMEs will become structurally unemployed as they lose their skills and employability.

Lim Kay Soon

 

[JHolmesJr]

It isnt pretty when the shoe is on the other foot is it? Fuckin dipshit.

 

[Narong Wongwan]

This fucktard related to actors Kay Tong and Kay Siu?

 

[tonychat]

Karma.........

 

[Leckmichamarsch]

Govt knowing screwed sgians
For that they must be punished!!

 

[Leckmichamarsch]

It isnt pretty when the shoe is on the other foot is it? Fuckin dipshit.

You are referring to Tan Kin Lian when he was CCC chairmen uner GCT ???

 

[lifeafter41]

Out of job General Manager and Financial Controller who favoured hiring foreigners over locals demands PMET levy so that he can be hired back

http://www.todayonline.com/voices/singapore-can-consider-levy-foreign-pmes

Lim Kay Soon
.
Published: June 4, 4:03 AM

The Government has said the economy would suffer if Singapore were to impose restrictions on employment of foreign professionals, managers and executives (PMEs), as companies would move to countries with lower PME costs.

Companies that are established here, though, would not move out over just one cost factor — a foreign PME levy.

Singapore offers them many benefits to operate here, compared with elsewhere. These include: Among the lowest corporate tax rates in the world, efficient infrastructure such as air and sea ports and robust public utilities, clear and effective business laws and a safe business environment — no burning of factories, et cetera.

A levy would level the playing field and rebalance living standards between local and foreign PMEs.

After all, Singaporeans have contributed to the said benefits for firms, by doing National Service to ensure a safe environment. We also pay civil servants and government officials well to ensure efficient business regulations and keep corporate tax low.

Should the companies that choose to move away due to a foreign PME levy do so, it is not worth holding them back.

Ultimately, if too many locals are allowed to be replaced by foreign PMEs, the latter would eventually return to their home countries with enhanced skill sets and experiences, further strengthening those economies, to the detriment of Singapore.

Was it mentioned that he was out of job?.
I did not see it or did I missed it.

 

[chootchiew]

It does not make sense that a foreign PME working here has a bright future, while his Singaporean counterparts are struggling with their living expenses, unless they are in strong sectors like banking and health care, where pay is high.

What cock he talking , banking and health care pay high

 

[KNNBHCB]

Was it mentioned that he was out of job?.
I did not see it or did I missed it.

Aiyoh, can you read SadPlumbGirl post number 2 or not???

 

[blindswordsman]

You are referring to Tan Kin Lian when he was CCC chairmen uner GCT ???

Many sinkies like him supported pappies until got screwed and then jumped ship. Now some of them founded the SFP.

 

[bic_cherry]

His previous letter saying foreigners cost 40% less and do same work
http://www.straitstimes.com/premium/forum-letters/story/local-pmes-dont-have-it-easy-20140531
Local PMEs don't have it easy
Published on May 31, 2014 1:22 AM
I REFER to the report ("MPs want more protection, support for local PMEs"; Tuesday)
When I was the general manager of a local IT company and, subsequently, a financial controller for a Dutch multinational corporation, I preferred hiring foreign mid-level staff for the following reasons:
The company did not need to pay CPF contributions for them;
Their salary expectations were lower than Singaporeans'; and
Their skill sets and experiences were on a par with those of Singaporeans.
The total cost differential between local and foreign professionals, managers and executives (PMEs) was 20 to 40 per cent.
An Asian foreign employee with a degree and work experience can easily afford a city apartment and family sedan in his home country if he makes $200,000 during his stint here.
In Singapore, $200,000 would allow a Singaporean with the same qualifications to buy only a three-room HDB flat in outlying regions like Woodlands or Jurong. A family car would set him back by $120,000.
An Asian foreigner's cost of living back home is so much lower than ours. Hence, he is more willing to work for $3,000 to $5,000 a month. But a Singaporean graduate earning $4,000 a month will be trying to keep up with inflation.
It does not make sense that a foreign PME working here has a bright future, while his Singaporean counterparts are struggling with their living expenses, unless they are in strong sectors like banking and health care, where pay is high.
A levy is imposed when one hires a maid, but there is no such tax for hiring foreign PMEs. No wonder foreign PMEs were replacing local ones at an increasing rate until tighter restrictions were imposed last year.
At the moment, the local PME retrenchment rate is still high as employers are hiring foreigners for the cost savings.
Over the medium to long term, this will weaken Singapore's economy as local PMEs will become structurally unemployed as they lose their skills and employability.
Lim Kay Soon

Dear 'SadPlumpGal' PLEASE HAVE YOUR EYES CHECKED or else read Mr Lim's 2 letters AGAIN because BOTH are consistent in calling for the INTRODUCTION of foreign worker levies on employment pass holders: which would give Singaporeans and PRs a leg up by removing employer's financial INCENTIVE to employ foreigners.
As mentioned, Sinkie's PMETs are indeed currently about 20% more expensive to hire than locals/PR (employer CPF applies to Sinkies and PRs only) and do not have the disadvantage as local male employees have of being recalled for reservist.

Even if he had once acted solely in the financial interest of local/ foreign companies to save $$$ by hiring foreigners, he has since realised the error in has ways and is now making suggestions for the good of Singaporeans even though companies might hesitate to hire him given his pro-Singaporean PMET stance which will hurt company's bottom line as indeed, at present IT IS CHEAPER TO HIRE FOREIGNER PMET THAN SINGAPOREAN/PR PMETs.

Mr Lim Kay Soon is a rare Singaporean who cares for his fellow citizens. Please support his suggestion to introduce worker levies on ALL foreigners working here (ESPECIALLY THE PME TYPES).

 

[SadPlumpGal]

Dear 'SadPlumpGal' PLEASE HAVE YOUR EYES CHECKED or else read Mr Lim's 2 letters AGAIN because BOTH are consistent in calling for the INTRODUCTION of foreign worker levies on employment pass holders: which would give Singaporeans and PRs a leg up by removing employer's financial INCENTIVE to employ foreigners.
As mentioned, Sinkie's PMETs are indeed currently about 20% more expensive to hire than locals/PR (employer CPF applies to Sinkies and PRs only) and do not have the disadvantage as local male employees have of being recalled for reservist.

Even if he had once acted solely in the financial interest of local/ foreign companies to save $$$ by hiring foreigners, he has since realised the error in has ways and is now making suggestions for the good of Singaporeans even though companies might hesitate to hire him given his pro-Singaporean PMET stance which will hurt company's bottom line as indeed, at present IT IS CHEAPER TO HIRE FOREIGNER PMET THAN SINGAPOREAN/PR PMETs.

Mr Lim Kay Soon is a rare Singaporean who cares for his fellow citizens. Please support his suggestion to introduce worker levies on foreigners working here.

As he mentioned himself when he was GM and when he was Financial Controller, he hired FOREIGNERS.

(A linkedin search will show his previous companies and that he has been jobless for three years. Based on his basic degree year, he is in his early 50s now)

These two letters were written in the last week.

Now that he is out of a job, he is calling for a PMET levy.

When he was boss, what did he do? I rest my case.

 

[GoldenPeriod]

It is time for a 100% levy on all PMET foreign labour. Many Singaporeans have been priced out and have dropped out of seeking a job altogether. The situation is dire and not like what the government reports.

 

[eatshitndie]

sinkies are like that, whether they are lowly coolies, bengs with benz, 4d punters, kopitiam uncles, pmet's, or highfalutin high brow civil servants. they kpkb when it directly hurts them personally, pockets and balls. and then they want to vote out the pap and change the rules. up till now, they have vastly benefitted from pap rule and policies, and have not planned and shored up adequately all those years for a moment like this. they can't blame the pap for their lack of preparation.

 

[JHolmesJr]

Given the cpf burden why the fuck do companies hire even a single local pmet? Makes no sense. Shouldnt they fire everyone?

 

[bic_cherry]

As he mentioned himself when he was GM and when he was Financial Controller, he hired FOREIGNERS.
(A linkedin search will show his previous companies and that he has been jobless for three years. Based on his basic degree year, he is in his early 50s now)
These two letters were written in the last week.
Now that he is out of a job, he is calling for a PMET levy.
When he was boss, what did he do? I rest my case.

Why be so suspicious about his motives?
The problem has been there all along and it is high time somebody pointed this scandalous prejudice (that Sinkie's are 2nd class citizens in their own world). Better late than never, so why fault him for that. BTW, are U a PAP mole? Why are U so upset when someone has actually stuck his head out for the good of local PMET and against the unfair benefits that foreigner PMETs currently enjoy???!!!

Also, given that foreigner PMETs are most likely to wire their salaries back to their hometowns (not affected by Sinkieland GST rate), why shouldn't their employers be expected to pay the equivalent of a citizen's employer CPF contribution portion (and perhaps more (not limited by $5000salary limit for CPF contribution)) to contribute to national coffers rather than GST being increased very soon (after GE2016) to 10%???!!!

GST, GST, GST, but is GST increase the only way out?...

 

[SadPlumpGal]

I merely pointed out the fact that he behaves differently when he is boss than when he is retrenched.

Why are you resorting to personal attacks on me? Oh I forgot, you are just another WEAK, SPINELESS, SINGAPOREAN MAN who has been conned by fox spirits.

 

[GoldenPeriod]

Sustain GDP growth by mass immigration is not novel. It was started by Ang Mohs fools and PAp scholars just blindly copied. So much for million dollar salaries.

Now, Ang moh citizens are revolting against it and their politicians are reversing the trend. Will PAP also take heed?

 

[winnipegjets]

It is time for a 100% levy on all PMET foreign labour. Many Singaporeans have been priced out and have dropped out of seeking a job altogether. The situation is dire and not like what the government reports.

The levy will be given to an unemployed PMET. One foreign PMET will support an unemployed PMET. I like this idea.