The Truth About RWS & MBS Job Creation

[ivebert]

I just comment, and see what are other comments and feelings. It doesn't matter to me in a personal sense, hope you understand. I can spend few thousands a day without earning a few thousands a month. But again, that doesn't matter. Not everybody's like me. There're people struggling and being exploited. Look at corporate profit figures reported. I'm not fighting for whatsoever employees. It's not my job. They can starve and crave for tips for all I care, since I don't care at all as I don't know them.

You speak like a communist

Companies operate to reap maximum profit for the shareholders and owners
Don't forget the rich deserve to get millions for the risks they have taken to build the casinos in Singapore. There was no guarantee when they bet on Sinkapore a few years ago and they did a lot of behind the scene marketing to bring in the dollars. Don't they deserve $$$ for their actions at the top level?

The ant workers, especially in Asia, are given a job to help the company achieve that goal. It is low paying because these jobs are easily replaceable and the coupiers are not knowledge workers. 1.8k is enough to survive in Sinkapore if you don't have a lavish lifestyle. These losers enter these jobs knowing the full circumstances and contractual terms. Please don't spread the nonsense that they are tricked or exploited. It's silly and not legally backed up.

You really need to go build up your knowledge about capitalism and economics before you try to mislead people to hate the large organizations.

 

[niigata]

the tipping part itself is a gamble for the croupiers & staff...
you may not get tips everyday.

 

[scroobal]

Many people seem not to understand the basics of good government and economics. Job creation for its citizens is a fundamental duty of government. It starts with education, creating pathways and building industries,facilitating trade etc. I am not talking about hand-outs or welfare.

This was done very well until the 90s and then they seem to have run out of ideas.

People who talk about grateful pinoys and PRCs are idiots and you can see the that they have a history of writing rubbish.

Any country will have a segment of its workforce that will be manned by foreigners and in most instances it will cover the expat community that bring valuable skill and expertise as well as investment dollars. Then you have the low end where a country is successful both in terms of education and progress that they are already occupied in mid to high level skilled vocations that there no people to handle menial taks such as construction, maid services etc.

Singaporeans cleanings dishes at 60+ and mid aged grads driving taxis are certainly no indication of progress or advancement. Its shows severe structural employment issues and a disconnect with government and the economy. In this economy is doing well but it is not engaged with the citizens as it should.

This is no fault of foreigners such as PRCs and Pinoys. They take whatever they can get because their own governments have failed. They smile because imbeciles can't connect those Singaporeans that have been displaced.

I have heard stories about singaporean middle aged females who are secretaries, clerks account clerks losing their jobs all the time to cheap labour. These are the mums of next generation of Singaporeans. Now I hear about grad females in the same boat. The men in the PMET cat are also now in the same boat.

Lets face it people like Besotted and Shelltox etc are no different to you are me. If I was running a business with a small margin, I too will look for the cheapest labour. Its is not the role or small business people to create jobs for Singaporeans. This is the duty of the government of the day.

This govt has run out of ideas. It is now caught in a bind with the high level of foreigners that it has to offer them citizenship in double quick time to avoid getting badly mauled in the elections.

So that next time you see a PRC or Pinoy smile when serving you, do remember that there is reason and it has many facets.

 

[Dreamer1]

Spore is ranked 27 in global HDI (Human Development Index)value by UNDP.

http://hdr.undp.org/en/media/HDR_2010_EN_Tables.pdf


I seem to recall throuout my years in Singapore,PAP has never failed to trump their fantastic efforts in Spore human capital development,rightly so because that is about the future of our red dot.

So what happens?

The index measures 6 parameters
Life expectancy at birth,
Mean years of schooling,
Expected years of schooling
Gross national income (GNI) per capita,
GNI per capita rank minus HDI rank,
Nonincome HDI value


Haha,UNDP has unwitting unrivaled the secret of PAP statistical massaging for so many years.

The secret is in GDP(Gross domestic product) Vs GNP(Domestic national product).

furrybrowndog.wordpress.com/.../putting-singapores-gdp-in-perspective/ August 6, 2010
explained this very clearly


<<<<The latest data I could find dates back to 2005. Singapore’s GMP per capita PPP when measured against other cities worldwide ranks only at 53rd out of 100 (many other cities above belong to the same country), whilst not a bad showing is far from its spectacular perch of 9th ranking if one considers ranking by country only. This is certainly nothing to crow about.


Lastly, GDP (per capita) suffers from the fatal flaw as a economic indicator because it does not subtract profits earned in Singapore but which is remitted back to foreign shareholders and foreign investors. It also ignores incomes sent back by Singaporean corporations overseas. A more appropriate measure would be gross national product (GNP), which measures national income and profits held by Singaporean firms and residents (citizens + PRs) only. The latest figures for 2009, show that Singapore’s GNP for that year was S$182.536 bn, compared to its GDP of S$265.057bn. In other words, total income and profits for 2009 earned by Singapore residents and firms is only a mere 69% of GDP; the remaining 31% is repatriated overseas.

How does this compare to other countries? Expressing GNP as a proportion of GDP and ranking all the countries worldwide shows that Singapore is ranked only at 32nd place (figures appear to be dated 2007):>

I guess Lee & Lee are very uncomfotable to let thier vocal suppport(voetrs)s to realise the fact that foreigners control at least 40%+ of Singapore wealth,especially to those young soldiers who slog hard for 2 years for the nation!That is very reasonable for them to hide! .

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[Jah_rastafar_I]

I just comment, and see what are other comments and feelings. It doesn't matter to me in a personal sense, hope you understand. I can spend few thousands a day without earning a few thousands a month. But again, that doesn't matter. Not everybody's like me. There're people struggling and being exploited. Look at corporate profit figures reported. I'm not fighting for whatsoever employees. It's not my job. They can starve and crave for tips for all I care, since I don't care at all as I don't know them.

wah how u spend thousands in a day but don't earn thousands in a month?


So your living expenses, income tax and etc all paid by your parents?

 

[Dreamer1]

Sorry the para quoted should be

<<<The latest data I could find dates back to 2005. Singapore’s GMP per capita PPP when measured against other cities worldwide ranks only at 53rd out of 100 (many other cities above belong to the same country), whilst not a bad showing is far from its spectacular perch of 9th ranking if one considers ranking by country only. This is certainly nothing to crow about.

Lastly, GDP (per capita) suffers from the fatal flaw as a economic indicator because it does not subtract profits earned in Singapore but which is remitted back to foreign shareholders and foreign investors. It also ignores incomes sent back by Singaporean corporations overseas. A more appropriate measure would be gross national product (GNP), which measures national income and profits held by Singaporean firms and residents (citizens + PRs) only. The latest figures for 2009, show that Singapore’s GNP for that year was S$182.536 bn, compared to its GDP of S$265.057bn. In other words, total income and profits for 2009 earned by Singapore residents and firms is only a mere 69% of GDP; the remaining 31% is repatriated overseas.

How does this compare to other countries? Expressing GNP as a proportion of GDP and ranking all the countries worldwide shows that Singapore is ranked only at 32nd place (figures appear to be dated 2007):>

 

[silliporean]

Recently, I have a friend who went for interview, almost took up a croupier job but didn't as she found a better job elsewhere. The job pays about S$1,200 at training month and about S$1,500 upon confirmation, increment and promotion based on subsequent performance.

A minimum of 8 hours per day is required, resting time and meal time excluded. All croupiers are required to rest 10 minutes per hour, that adds 60 minutes per day (not counting meal hour and last hour), but meal hour is also not counted as working time, so that's 120 minutes or 2 hours unpaid time extra.

8 hours day with a limit of 44 hours per week for non shift

Up to 12 hours a day with a limit of 44 hours per week out of an average of 3 weeks is allowable before OT hours sets in.

Your friend only told you Basic $1,500 per month after confirmation, did they tell you about their education achievements or professional achievements before joining them as a croupier, any relevant experience to bargain for more? No?

Did your friend tell you about the other perks such as Insurance, tips, bonuses and career path?

Its all up to each individual to excel in their own field of profession, croupiers is one of the best opportunity for those whom has a low education to make a decent pay after they have gained the right skills and demonstrated their abilities...same same everywhere bro..

 

[ivebert]

Many people seem not to understand the basics of good government and economics. Job creation for its citizens is a fundamental duty of government. It starts with education, creating pathways and building industries,facilitating trade etc. I am not talking about hand-outs or welfare. This was done very well until the 90s and then they seem to have run out of ideas.

You fail to see the big picture. Ask yourself why. Which big country has opened up and caused all prices to rise and has millions of cheap trained workers? Be grateful that we became an open economy before 90s and reaped several years of profits for our country. The downfall of our economy has a lot to do with external factors, not internal ones. There is a limit to what government can do and we already know they done their best by looking at their tax rebate offerings and the number of international companies in Singapore. Sinkies should be aware that they can be retrenched in private companies because they are operating for the bigger benefit of their main office in another country and these jobs are NOT sustainable. With that in mind, they should always plan their future by upgrading their skills, networking and making the right career moves.

Singaporeans cleanings dishes at 60+ and mid aged grads driving taxis are certainly no indication of progress or advancement. Its shows severe structural employment issues and a disconnect with government and the economy. In this economy is doing well but it is not engaged with the citizens as it should.

Get real OMG. What other jobs can you give to those 60+ people??? They have to work because they were not planning ahead for their retirement or had some issues which the GOVT have no responsibility to micromanage. Give me an idea what jobs should these old people be doing for our society to advance? Go ask for the qualifications of these elderlies and u will know that most of them barely completed primary school education. Get real, what can these people do? They are not destitute, they just don't have savings to pay living expenses. The only way to help them is to top up their salaries with a small sum, which is already being done.

I have heard stories about singaporean middle aged females who are secretaries, clerks account clerks losing their jobs all the time to cheap labour. These are the mums of next generation of Singaporeans. Now I hear about grad females in the same boat. The men in the PMET cat are also now in the same boat.

This is a good thing. I have met tonnes of these middle aged administrative women and have no sympathy for them. It is a job not a privilege. Admin jobs are easily replaceable and they should know that. They should have upgraded themselves for marketability early in their career instead of hoping they can work for life. Being replaced by younger FT women will make the office merrier and more exciting.

This govt has run out of ideas. It is now caught in a bind with the high level of foreigners that it has to offer them citizenship in double quick time to avoid getting badly mauled in the elections.

It's a matter of time before they lose a portion of the seats. The only problem is when you look at the quality of the opposition now, it's very discouraging. I rather we wait for a good well-educated and capable group of people to stand up after LKY dies.