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Chitchat Portrait Of A Cocky Sinkie PMET! Become Humble After Kena Retrenched!

JohnTan

Alfrescian (InfP)
Generous Asset
st_20160925_ohretrench25_2619098.jpg


The first thing that job seeker Leonard Lau usually gets asked by headhunters is his age.

The second is his last-drawn salary.

Says the IT project manager, 46: "After that, they usually don't call back."



Mr Lau, who spent 17 years at an American multinational company and earned about $10,000 a month, was retrenched in March as part of a restructuring exercise.

"I was confident at first, because I used to get calls from headhunters," he says.

WHEN THE GOING GETS TOUGH

These are all business decisions. It's not you. You need to keep fighting.

MR LEONARD LAU, on coping with setbacks and rejections.
"But when I was out of work, the market went silent."

He is among a growing pool of white-collar job seekers who are finding it increasingly difficult to get hired again.

Figures from the Ministry of Manpower (MOM) show that the re-entry rate in the first half of the year plunged to a seven-year low.

Professionals, managers, executives and technicians (PMETs) bore the brunt, with their re-entry rates falling from 43 per cent in March to 40 per cent in June.

PMETs and those aged 40 or older made up the majority of those laid off in the past quarter.

Even so, Mr Lau is undeterred. The important thing for out-of-work PMETs like himself to remember in the face of setbacks, he says, is that none of it is personal. "These are all business decisions. It's not you. You need to keep fighting."

The going can be tough. Mr Patrick Tay, assistant secretary-general of the National Trades Union Congress (NTUC), says many employers might avoid hiring mature PMETs, fearing that they will be over-qualified or expect higher salaries, or that they cannot swallow having to report to others.

Mr Lau has applied to 50 organisations through headhunters since he lost his job. He has landed eight interviews, but none was successful.

Local firms thought he had spent too much time in multinational corporations. Japanese companies thought he was too immersed in American culture.

Some interviewers wanted to know if he could work under supervisors younger than him. Others questioned his energy level.

"It's not that there aren't jobs out there," he says. "I could see them, lots of them. It's just that something was always wrong.

"And when it keeps happening, you start to ask yourself - is it me? Am I not competent?

"That feeling becomes a burden. It becomes devastating."

It is a difficult period for his family. His wife, 45, had left her position as an IT manager in January, while her father, a construction supervisor in his 60s, had also lost his job.

She had been looking for another job in IT but, in the end, she took a 40 per cent cut in pay and joined the education industry in June.

Mr Lau is worried about his two sons, aged 14 and 16, and whether their tuition and extra-curricular activities will be affected if the family's savings dry up. He also supports his elderly mother, aged 81.

On the plus side, when he is not tied up with job searching, he earns extra income through freelancing, which includes conducting mathematics enrichment classes for primary school pupils.

He has also gone for training courses in areas such as project management, although they have not given him a discernible edge over the competition.

"When I was taking those courses, there were thousands of people doing the same thing," he says.

For his next step, he intends to explore career programmes through NTUC's U PME Centre - a one-stop facility at Raffles Place that helps PMEs get career and legal advice. He also hopes to join a professional conversion programme; such schemes help mid-career professionals switch to other industries.

http://www.straitstimes.com/singapore/manpower/job-hunter-tries-to-stay-positive
 

chootchiew

Alfrescian (Inf)
Asset
He earned $10k type of salary over the last 17 years , even is progressively, where are all his money earned ? :eek:
Anyway if he was still a IT project manager, and looking for another similar post, with similar salary , it shouldn't be much of a problem. Too bad he can't predict the retrenchment exercise.
 

JohnTan

Alfrescian (InfP)
Generous Asset
He earned $10k type of salary over the last 17 years , even is progressively, where are all his money earned ? :eek:
Anyway if he was still a IT project manager, and looking for another similar post, with similar salary , it shouldn't be much of a problem. Too bad he can't predict the retrenchment exercise.

I think what he meant was that his last drawn pay before getting retrenched was $10k a month. I don't think he's been earning that kind of income for the past 17 years.
 

krafty

Alfrescian (Inf)
Asset
this kind of news is nothing new on the fate of PMETs in sg. at age 46, even when the economy recover, he will not be able to get back the same kind of job anymore.
 

JohnTan

Alfrescian (InfP)
Generous Asset
this kind of news is nothing new on the fate of PMETs in sg. at age 46, even when the economy recover, he will not be able to get back the same kind of job anymore.

By the time the economy has recovered, he would be in his 50s. Five years out of his IT works means he would be obsolete and old. He's probably more suitable for serving as the security guard at his former american MNC firm. Would Leonard be willing to take the security guard job for $1300 per month before OT?
 

Leckmichamarsch

Alfrescian
Loyal
this kind of news is nothing new on the fate of PMETs in sg. at age 46, even when the economy recover, he will not be able to get back the same kind of job anymore.

how come given these retrenchments MOM revealed that SPs n EPs hv increased over past 16 months?????????????
clearly this is indelible proof that PAP gave sgian jobs to f trashes holping that when they become new shitizens, more votes will put them in power
 

krafty

Alfrescian (Inf)
Asset
By the time the economy has recovered, he would be in his 50s. Five years out of his IT works means he would be obsolete and old. He's probably more suitable for serving as the security guard at his former american MNC firm. Would Leonard be willing to take the security guard job for $1300 per month before OT?

that's the way it is, unless he is willing to fit in smaller roles, self demoting from pm to engineer or to techie level. it may be a way out for him. if not, really have to change line. IT moves too fast, any few years gap, you will be out of touch.
 

krafty

Alfrescian (Inf)
Asset
how come given these retrenchments MOM revealed that SPs n EPs hv increased over past 16 months?????????????
clearly this is indelible proof that PAP gave sgian jobs to f trashes holping that when they become new shitizens, more votes will put them in power

that one thing i can't agree with PAP is they treat foreigners better than true blue citizens.
 

virus

Alfrescian
Loyal
how come given these retrenchments MOM revealed that SPs n EPs hv increased over past 16 months?????????????
clearly this is indelible proof that PAP gave sgian jobs to f trashes holping that when they become new shitizens, more votes will put them in power

Don't worry ministar Lim suay suay has 3 million existing n phantom jobs waiting for him.
 

red amoeba

Alfrescian (Inf)
Asset
given his past experience in IT, he should just become his own boss and start a small biz.
like this, he is at no one's mercy.

it does not need to be damm tak gong, just earn enough to sustain will be good enough. surely with his many years in IT, he should know what niches are there.
 

Bigfuck

Alfrescian (Inf)
Asset
You think the IT project manager can still code or could code well in the first place? His position is a any recallable tax expense which was just recalled.
They can pay another for 5K and the performance would not change. Work smart is play politics but can do fuck. But then you are not white so never smart enough.
 

frenchbriefs

Alfrescian (Inf)
Asset
given his past experience in IT, he should just become his own boss and start a small biz.
like this, he is at no one's mercy.

it does not need to be damm tak gong, just earn enough to sustain will be good enough. surely with his many years in IT, he should know what niches are there.

sinkies like this guy spend their entire lives fulfilling a certain role in a company,outside of a company he is completely useless.a successful company needs a successful product,and surrounding this product,u need sales roles,logistics,after sales support,it and engineering support and all that shit,he doesnt even have a product line let alone a fully functioning company to carry the product from development phrase to beta phase to the market.better to open a bak chow mee store in a hawker center.

of course,he can open a shop at sim lim square and sell second hand laptops,repair macbooks and sell ipads to unsuspecting tourists for 2k.one day if he is successful enough he can expand into a chain of shops selling electronics like newstead.
 
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