Ass Loon: I've Run Out of Ideas. Too Bad!

[makapaaa]

<TABLE cellSpacing=0 cellPadding=0 width=452 border=0><TBODY><TR vAlign=top><TD></TD></TR><TR><TD vAlign=top width=452 colSpan=2>Published April 22, 2009

</TD></TR><TR><TD vAlign=top width=452 colSpan=2>Retraining, upgrading must go on: PM Lee
Emphasis is on preparing workers to be employable

By TEH SHI NING
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THE economy will take some time to recover, so the retraining and upgrading of workers must continue, Prime Minister Lee Hsien Loong said yesterday.

'The problems will be with us for some time, and we must work at it. We must make sure we prepare our people so they can be as employable as possible, and can endure through this downturn,' he told reporters after visiting two Continuing Education & Training (CET) centres.
Recently, US officials have spoken of the first 'green shoots' of economic recovery emerging, but PM Lee was hesitant to say Singapore's economy has seen the worst. 'I hope they're right, but I'm preparing on the basis that this is going to take some time,' he said.
On the revised official GDP growth forecast of a 6 to 9 per cent contraction, he said: 'Surprises can always happen, but for now I think it's a fair estimate of where we're likely to be this year.'
Yesterday, PM Lee visited Nanyang Polytechnic, where he observed mid-career professionals training for nursing and allied health care jobs. 140 adult students are taking diploma courses there to switch to careers in health care. The Health Ministry has 4,500 vacancies to fill over the next two years.
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</TD></TR></TBODY></TABLE>He also observed culinary training classes at the At-Sunrice GlobalChef Academy, which can take up to 500 students a year. Of its current enrolment, about 100 are mature students who are re-entering the work force or making a career switch into the food and beverage industry.
PM Lee was accompanied by Manpower Minister Gan Kim Yong and the Workforce Development Agency's chief executive, Chan Heng Kee.
Replying to a query on whether the CET system faces capacity constraints, PM Lee said: 'It's a lot more than we were able to do in previous recessions, because we have been building up the infrastructure over previous years, but there are still constraints.'

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Tata!​

 

[makapaaa]

<TABLE cellSpacing=0 cellPadding=0 width=452 border=0><TBODY><TR><TD vAlign=top width=452 colSpan=2>Published April 22, 2009

</TD></TR><TR><TD vAlign=top width=452 colSpan=2>Firms set to cut training budgets
But bosses turn to jobs credit scheme to lift bottom line, save jobs: survey

By CHUANG PECK MING
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SPENDING on worker training is set to be cut this year, along with pay packets and recruitment, as bosses pay lip service to stepping up training during the recession.

But employers generally have turned to the government's jobs credit scheme to support their bottom line and save jobs, according to a poll of 53 companies.
Taken in February- March by human resource consultancy Hewitt Associates, the poll shows spending on training is likely to be cut by an average of 17 per cent this year from 2008 - with an even sharper cut of about 23 per cent in manufacturing.
Hewitt consultant Samir Bedi said yesterday the plan to spend less on training does not necessarily indicate that training will take a back seat as companies strive to stay afloat during the slowdown.
It could be a move to re-examine training to reduce waste - which could sharpen the focus on upgrading workers to get the most out of them, Mr Bedi reckons.
Still, after cutting the recruitment budget - which 60.9 per cent of those polled intend to do - trimming the training budget is the next most popular move among employers to shave costs.
Some 45.7 per cent of the companies polled will resort to chopping training and development.
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</TD></TR></TBODY></TABLE>While the services sector is likely to see the smallest reduction in training expenses at 4 per cent, the consumer goods segment is expected to suffer a 32 per cent cut - the deepest.
Within manufacturing, the chemical industry is projected to see the biggest cut of 31 per cent in training expenditure.
Asked if they have turned to the jobs credit scheme, which offers cash grants to help employers meet their wages bill, 92.1 per cent of companies polled said they used the savings to boost the bottom line.
Some 13.2 per cent also channelled the savings into staff training and development, while 5.3 per cent passed them to employees as compensation.
Some 18.4 per cent of companies in the survey were undecided about what to do with the savings.
So far, just over one in five employers polled have retrenched or re-deployed staff, with those at professional and support levels hit hardest. Eleven per cent of respondents said they plan cuts in the coming months.
Over a third - 36.7 per cent - of companies polled have frozen recruitment, while 30.6 per cent have capped headcount, hiring only for replacement.
A third of the companies anticipate a move to free hiring in the coming three months, while 34.7 per cent plan to freeze headcount.
Some 36.7 per cent have frozen pay and 38.8 per cent intend to do so in the coming three months.
The projected salary increase for 2009 - tipped in June-September last year to be 5.4 per cent, or higher than 2008's 5 per cent - was slashed to 2.1 per cent in March this year.
Hewitt's Mr Bedi expects the projection to be trimmed further in June.

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[ScarFace]

It's not just him alone. The entire best paid government in the world has virtually been caught off guard, and held hostage by the balls. There is no visible Plan B in sight. The people are only held up by a very thin layer of support which looks set to break if the economic situation deteriorates further.

I must commend the spirit of the people though. The majority of which still do not, and will not depend on the government for help. Such is the disgrace and disillusionment of our collective sovereignty.

 

[myfoot123]

In good times, this Jiak Liao Bee was seen busy justifying their fat pay but when Singapore falls into bad shape, they simply took a sweet break doing nothing except counting their wallet and seeing Singaporeans dwindle into nothingness. This is the highest form of corruption that LKY has managed to implement and justify their presence.

 

[Mighty Megatron]

They already ran out of ideas when they came up with the casino plan. Problem is a total lack of vision.

 

[pia]

Don't get it wrong, U pay me for the running, not the ideas :p​

 

[jw5]

This gives the impression that he used to have a lot of good ideas.

 

[diversifyx2]

This gives the impression that he used to have a lot of good ideas.

His ideas all expired liao, this cuntry is run by autopilot and anyone can be PM without any assistant. Unless ur jiat liao bee

 

[angie II]

"Hey your PM is a Jiak Liao Bee"

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​

 

[pia]

I've got another one by Queen :p

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[jw5]

His ideas all expired liao, this cuntry is run by autopilot and anyone can be PM without any assistant. Unless ur jiat liao bee

When you say that his ideas have expired, you are giving the impression that he actually had any ideas at all.