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18-10-2011, 01:55 PM
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Quote:
Originally Posted by Hermit
I agree the IT industry is a death trap for many Singaporeans. Those still interested should look into the future and try to figure out how many IT engineers and programmers (plus managers) will come from China, Myanmar, India, Sri Lanka, Philippines, etc.
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Start a company and hire them.
Already there are "headcount provider" firms springing up in Singapore providing lots of headcounts to big banks in Singapore. They may call themselves "solutions and services" provider, but they effectively just bring in people from those countries and put them on contracts / projects with the big companies here. It's win-win, cos the banks may not have the permanent headcount but still need people to work on projects on contract basis.
It's a big business and very profitable too. An indian programmer contracted to a bank may be paid $5k, while the firm collects $2k EVERY SINGLE MONTH just to be the middleman. And such firms typically provide thousands of headcount.
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09-01-2012, 11:53 AM
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During my tenure at Hewlett Packard, I was on several government IT projects. Over 90% of my 100+ person team were foreigners. Like many other companies, how HP cleverly circumvented being “obvious” was to use “contractors”. Our contract was with the employment agencies who, in turn hire almost only foreigners. Hence, the headcount was never really seen. Of the 100+ person who was staffed on this one particular government IT engagement, less than 10% were full-time employees hired directly by HP.
In addition to my own personal experience, I know with absolute certainty that many of my close non-Singaporean friends who head up IT divisions within the banking sector have similar preferences of hiring foreigners over Singaporeans. While I cannot condone such practices, the system makes it far too easy for this to happen. They claim that it is better to hire foreigners because these foreign workers are more than likely to stay as almost all of them want to ultimately obtain Singapore citizenship. Rather than formulating workable incentives to keep Singaporeans at their jobs, management takes the easy way out....
The vicious cycle is well engrained in every level of employment. Senior Management positions are given to foreign nationals. They then are inclined to hire their own kind, cutting people like myself completely out in the cold with no options but to seek higher-salaried employment elsewhere.
System makes it easy to hire foreigners at expense of locals | The Online Citizen
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29-01-2012, 07:06 PM
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Quote:
Originally Posted by Unregistered
Start a company and hire them.
Already there are "headcount provider" firms springing up in Singapore providing lots of headcounts to big banks in Singapore. They may call themselves "solutions and services" provider, but they effectively just bring in people from those countries and put them on contracts / projects with the big companies here. It's win-win, cos the banks may not have the permanent headcount but still need people to work on projects on contract basis.
It's a big business and very profitable too. An indian programmer contracted to a bank may be paid $5k, while the firm collects $2k EVERY SINGLE MONTH just to be the middleman. And such firms typically provide thousands of headcount.
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u idiot ! do u know who are the mangers in the bank ? of course, mangers hire from abnn cos !
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01-02-2012, 12:30 PM
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Quote:
Originally Posted by Unregistered
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This is a good investigative article. Will Sandra Davie of Straits Times pick this up? I doubt so, given our government's pro-foreigner stance and self-censorship culture of our mainstream media. (Sandra is the one who exposed the degree mill doctorates, like "Doctor" Clemen Chiang.)
But why did google warn me that the link above contains adult content?
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06-03-2012, 10:45 AM
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Banned
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Join Date: Mar 2011
Posts: 204
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up for a-level grads applying for uni
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12-01-2013, 06:00 AM
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Banned
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Join Date: Mar 2011
Posts: 204
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Up for o level grads
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27-02-2013, 03:34 PM
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