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Do we have many inefficient SME in the country?

  • Thread starter Thread starter Baluku
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Baluku

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Why a sudden wage increase for peasants they cannot tahan already?

Shows the inefficiency in such companies!

Should expose them and make them close shop if they cannot compete.

How by at least implanting min wage mah! :D
 
Why a sudden wage increase for peasants they cannot tahan already?

Shows the inefficiency in such companies!

Should expose them and make them close shop if they cannot compete.

How by at least implanting min wage mah! :D

Easily 80% boss wannabe and especially those labour intensive industries that relied on cheap labours. I heard many of such companies turned PAP grassroot supporters in the hope to catch some scraps thrown out by PAP when GLC has its fill of stomach.
 
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Survival of the fittest should be applied to the corporate world.
 
Survival of the fittest should be applied to the corporate world.

The best "fit" are those who know how best to suck PAP cock. When PAP zip up its pants, all those so-called "leaders" from the grassroots will die of hunger.
 
My workers are already well paid, but even if there are any more wage pressures, I will simply pass on to customers

My food is delicious, so they can't help it and will come back from more

Life is good
 
My workers are already well paid, but even if there are any more wage pressures, I will simply pass on to customers

My food is delicious, so they can't help it and will come back from more

Life is good

If your product is truly value for money, you should'nt worry about paying your workers well. Unfortunately, many Singapore company produce products that has high cost and low margin. Once a slight change of policy, these bosses just belly up and whine the cost of labour. Developers have been enjoying hight margin with low cost for too long. Look at the price gap between construction workers salaries and the subsequent sale of all developers apartments in Singapore. If many countries can pay their workers 3 times the salary, Singapore govt should be ashamed and resigned.
 
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Why a sudden wage increase for peasants they cannot tahan already?

Shows the inefficiency in such companies!

Should expose them and make them close shop if they cannot compete.

How by at least implanting min wage mah! :D

SG and the rich 1st world country in general live a good life because of slave labor, either within their borders or in someone else country, there is no escaping this. If you look at prices of goods vs wage earn for example, SG have it a lot better then most countries around us.

For example. prices of most luxury goods in SG is about 10-15% more expensive then say Taiwan(I'm using Taiwan as example coz I just came back from there so I am familiar with the cost and wages there), yet the average SG wages for similar positions are more 50-100% higher then Taiwan, in fact the average local fresh grad with a starting pay of 2.5K earns almost twice as much as a fresh grad from Taiwan. However the goods in Taiwan is not 1/2 the price in SG. Example a cheap meal at a countryside stall will set you back about SGD$2.5 yet in SG it's still easy to find food at $3-3.5.

The strange thing however is the lower wage level U go, the wages in Taiwan starts to level with the wages in SG. The minimum wage in Taiwan is about SGD$700-800, in SG the lowest level worker also earns about that much. No secret as to why the cost of goods in SG is not that much different from Taiwan yet we are earning almost twice their wages. Want to make a good guess how the prices will go if we force implement a minimum wage at set it to 50% higher then today???
 
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