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Your argument does not make sense. If top management is Singaporean, why are they hiring FT over Singaporeans. It is when top management becomes FT that a lot of middle management FTs enter the organization because they don't preference Singaporeans.
On MNCs, it depends on the sector. In manufacturing (which is dying) there are locals as heads e.g., HP, IBM etc., but definitely not in the services sectors like financial services. In fact, even Singapore GLCs like SGX, DBS and OCBC have foreign CEOs. Once you bring in FT as CEOs, they are not afraid to bring in more FT to run the departments. Unfortunately for Singaporeans, private firms can use meritocracy to decide whom they want to hire, not the person's citizenship. If you want preferential treatment as a Singaporean, work for the Government or some GLC that is still run by a Singaporean. There are plenty of them. Why choose to work in companies where you have to compete with the rest of the world. |
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I'm a mid level manager in financial services and the Singaporeans on my level aren't bad, but except for the ones that were educated and worked overseas, they have some traits that put them at a disadvantage, mainly in their verbal and sometimes in their written communication skills. Also, many of them have not worked in an extremely competitive environment e.g., London or New York and lack some of the type of motivation that you derive from a difficult and competitive working environment. Lastly, many Singaporeans want a life and have a large social network, whereas the foreigners have hardly any social network and are therefore more focussed on their work. That seems to negatively affect Singaporeans in promotions etc. However, the Singaporeans with good foreign degrees, and who have worked abroad, are toe to toe with the foreigners. In my business, you are competing with other financial centers like HK, so you need internationally competitive people. If you put in preferential treatment for Singaporeans in an internationally competitive industry, you will be beaten by other countries. You only need to look to Malaysia to see how the "Bumiputra Policy" where, at minimum, you are forced to have to have 1/3 of your employees to be Malay, has resulted in happy bumiputeras, but internationally uncompetitive companies. |
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Coming here just to escape paying a bit more tax to your government. Your country gave you education and made you what you are today, and you bite the hand that feed you. You are a greedy ingrate. Singapore can only remain competitive if we attract real capable foreigners (I do not think you or the egg head who post before you are in this group), and hopefully they will return the grace by contributing positively to our society and if possible take up citizenship. Anyway, if you are a real talent, you wont be offended by what I said, because, my rant is about big headed fake talents who have a foul mouth. Before you mock Malaysia and her policies, take a look at your own country, at least Malaysia is not the one with high unemployment rate and crumbling economy. |
Just because the middle positions are the ones which Singaporeans target, and the ones which are being snatched away by foreigners, Singaporeans tend to define FT at the very end of the ladder, i.e., the Executives.
The question to ask is what if the same singaporeans got similar chances in HK or US. These folks who can never step out of Singapore, can always bitch about the intentions of foreigners, say save taxes. Why dont they go out for, say driving cars. The fact is those who can do, and those who cant, make it look like they are here for Singapore. Sour Grapes ! My belief is that for every singaporean, there are atleast 50 foreigners who can do the job better. But people who live in a pond cannot see this. They have a inflated opinion of their own talent. If they were really talented, they wont have to bitch on this site. Insecured Losers ! |
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By the way, you make a real good point - "If they were really talented, they wont have to bitch on this site". You are a real sub-retard. |
So I hurt you morons. And no wonder, its raining abuses on me. Your right. I should not compare HK and SG bcus SG cannot survive on its own, so needs FTs. SG does not have much to boast except the fact that the leaders have created an environment where outsiders can do business and hire outsiders.
You guys are simply the case who have NO Choice. I have a PHD degree and am able to work Globally [which means US, SG, JAPAN, etc]. While you people are stuck in Singapore bcus noone outside SG will hire you. And, hence the frustration. Your abuse does not matter since I am not someone who needs Singapore as much as you. If I am not getting a good deal, I can work elsewhere. And ya, I think most locals are not that good. Thats why, you are being replaced. Lazy Incompetent Frustrated Stuck in the rat race u call Singapore. |
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I believe that I already contribute to Singapore by paying taxes and contribute to the economy more than most. I can understand that someone from Cambodia or Indonesia might want to take up Singapore citizenship, but most westerners won't and we do contribute to the economy. The Singapore Government certainly sees this, but unfortunately, the cost of progress is social pain and bitter people like yourself. However, I think that over time, the bitterness will pass, and we will learn to live together. |
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