Showing posts with label Employment. Show all posts
Showing posts with label Employment. Show all posts

Thursday, August 17, 2023

Remarks by President Biden at a Campaign Reception | Salt Lake City, UT

August 10, 2023

Private Residence
Salt Lake City, Utah


THE PRESIDENT: Please, please sit down. Thank you. Well, first of all, you know, I had forgotten about that incident. It was the time when there was a lot of discussion going on in the administration: would we recognize same-sex marriage.

And I was rai- — I was a lucky man. I was raised by a father who was a — thought everyone was entitled to be treated with dignity. I remember when I was — I hadn’t thought about this a long time. I remember when I was a kid, I — I was a lifeguard at a country club, but I wanted to — I was — got deeply involved in the Civil Rights Movement. And so, I wanted to work in what they called “The Bucket,” which was a public housing complex — a large complex on the east side of Wilmington — and — which was all African American.

And they had the — like all big cities, they had three major swimming pools. One on the east side, which is where they — a thousand African American kids a day would come and swim in this big pool. And I wanted to be a lifeguard there. 

Wednesday, February 15, 2023

Snap Insight: Raising CPF monthly salary ceiling will reduce take-home pay for some, but there are payoffs


The increase of the Central Provident Fund (CPF) monthly salary ceiling is part of a slew of initiatives to address retirement adequacy in Singapore, says Christopher Gee of the Institute of Policy Studies.


Christopher Gee

14 Feb 2023


SINGAPORE: The announcement of a staggered increase in the Central Provident Fund (CPF) monthly salary ceiling, from S$6,000 per month now to S$8,000 by 2026, in this year’s Budget is hugely significant.

It will have major long-term effects on Singaporean workers’ retirement savings contributions and therefore accumulation. More will be able to reach their Full or Enhanced Retirement Sums by the time they retire.

The increase in salary ceiling will also mean that CPF savings will keep pace with wage inflation, so that the system continues to cater for the needs of workers up to the 80th percentile of the monthly income distribution. 

Friday, December 2, 2022

Here’s How Much You Need To Earn To Be ‘Rich’ in 23 Major Countries Around the World

Jan 14, 2022

By Nicole Spector



AS Inc. / Shutterstock.com

Here’s a look at how much you need to be considered rich in 23 countries around the world.

[The list seems to be in alphabetical order. A more obvious order would have either been in descending or ascending order of the value of the top 1%. In which case, United Arab Emirates would be #1 ($689,468), Singapore would be second ($627,111), and the United States, third ($506,752). Germany would be fourth ($327,069).]

Friday, November 18, 2022

Commentary: What Elon Musk misses about how this generation works

Young people who are prepared to quit if they cannot define work on their own terms aren't selfish or immature. Employers who want to ban working from home need to understand a crucial mindset shift, says the Financial Times’ Gillian Tett.

FILE PHOTO: Working at home and in the office in a hybrid work arrangement. (Photo: iStock)

Gillian Tett

18 Nov 2022


LONDON: The great attrition of employees shows no signs of slowing. Recent reports from management consultant McKinsey suggest that as many as 40 per cent are considering leaving their jobs, usually to seek a different type of career or “non-traditional work”, including temporary or part-time roles.

According to one survey, money is an issue, but it’s definitely not the only issue. “Meaningfulness of work” and “adequacy of workforce flexibility” around issues such as working from home are also front of mind.

The key, it seems, is a sense of personal control, both to define how and where work happens, as well as how it aligns with workers’ personal values.

Thursday, September 1, 2022

159,000 low-wage workers will earn at least S$1,400 from Sep 1

Local Qualifying Salary will not be further raised 'for now', wage increases to be sustainable: Zaqy Mohamad
A cleaner wiping a table at Sims Vista Market and Food Centre.
(Photo: Ministry of Sustainability and the Environment)

01 Sep 2022 


SINGAPORE: About 159,000 lower-wage workers will earn at least S$1,400 under a new local qualifying salary (LQS) requirement that kicks in on Thursday (Sep 1).

Wednesday, March 9, 2022

Commentary: Even Google agrees there’s no going back to the old office life

As the workforce rethinks how and why they work, employers who don’t provide flexibility will lose out in the war for talents, says this professor.
FILE PHOTO: The Google office located in Singapore. (Photo: Tang See Kit)

Libby Sander

09 Mar 2022 


GOLD COAST, Australia: The great enforced global experiment in working from home is coming to an end, as vaccines, the Omicron variant and new therapeutic drugs bring the COVID-19 crisis under control.

But a voluntary experiment has begun, as organisations navigate the new landscape of hybrid work, combining the best elements of remote work with time in the office.

Yes, there is some push for a “return to normal” and getting workers back into offices.

But ideas such as food vouchers and parking discounts are mostly being proposed by city councils and CBD businesses keen to get their old customers back.

A wide range of surveys over the past 18 months show most employees and increasingly employers have no desire to return to commuting five days a week.

The seismic shift in employer attitudes is signalled by Google, long a fierce opponent of working from home.

Sunday, February 13, 2022

Migrant worker’s tale of inequality grips China, then is erased


Jialun Deng/The New York Times

A migrant worker, who revealed a parallel universe to well-off Chinese, became a symbol of inequality that the Chinese government had to erase.

February 13, 2022


HONG KONG — He visited 28 places in the first 18 days of 2022, including a puppet theater, a few luxury residential compounds and a shopping mall in the heart of China’s equivalent of Silicon Valley.

He didn’t go to any of these places for fun. He was often there in the wee hours when they were deserted, to unload concrete and sand from trucks that weren’t allowed in the city until after midnight. He would be gone before day broke.

The migrant worker, surnamed “Yue,” toiled in obscurity until he tested positive for Covid-19 and authorities released the extensive details of his movements. After that, he became known as the hardest working person in China.

Sunday, April 11, 2021

Commentary: An unpopular opinion but the truth is foreign workers help, not hurt Singaporean livelihoods

By DONOVAN CHOY

APRIL 09, 2021


A study by the Institute of Policy Studies found that 43.6 per cent of Singaporeans believe that immigration will “increase unemployment".

One of Singapore’s biggest open secrets is its slow-festering anti-foreigner sentiment among some of its citizens in the social media sphere, even though most people here are not opposed to immigration per se but to the unfettered inflow of foreigners. Protected by the anonymity of private Facebook groups, these rants oftentimes verge on plain ugly racism and xenophobia.

The reasons for opposing immigration in Singapore are varied, but the biggest grievance among locals lies in the proverbial “bread and butter” issues. This is affirmed by a just-released study by the Institute of Policy Studies, which finds that 43.6 per cent of Singaporeans believe that immigration will “increase unemployment".

The problem is that the evidence contradicts this popular belief.

Wednesday, April 7, 2021

Commentary: Using the lessons of Covid-19 to tackle 4 types of inequality in Singapore

By IRENE Y H NG

APRIL 06, 2021


The writer discusses four types of inequalities in Singapore that have been spotlighted by the pandemic: Wage, digital, residency and gender.


Economists use letters to describe the shape of recovery from recessions, and the current recovery from the Covid-19 pandemic is given a new letter: K.

This depicts a shape where some industries and individuals ascend, but the rest decline. In the midst of wage cuts, job losses and business closings, stock market prices have been rising and the Big Techs have been thriving.

The K-shaped trend is said to reflect existing inequalities.

In this essay, I will discuss four types of inequality in Singapore that have been spotlighted by the pandemic: Wage, digital, residency and gender.

I would like to suggest going beyond a business-as-usual response to these areas of inequality, failing which we would be wasting the lessons learned from the pandemic and the inequalities that were already there will further divide our society.

Monday, December 21, 2020

Commentary: Managers should stop treating work-from-home as a luxury

The office was never meant to be at home but because this arrangement is here to stay, bosses need to change the way they respond to their employees, says this observer.

By Sian Beilock

21 Dec 2020

NEW YORK CITY: Many managers are treating this year’s pandemic-induced shift to work-from-home as though it were standard telecommuting.

But it’s not, and operating under the assumption that it is can ultimately harm employees’ morale.

While office workers are typically faring better than essential workers during the pandemic, the abrupt shift to remote work was jarring, and its effects should not be overlooked.

Leadership experts and cognitive scientists can attest that resistance to change is less about the change itself and more about losing control and fear of uncertainty. Humans – and other animals, for that matter – respond defensively when the power to make decisions about their own lives is removed.

And in a recent study on COVID-19 and mental health, researchers found that adults surveyed in the United States and five European countries who believe that other people or random chance mostly dictates what happens to them also report greater symptoms of depression.

Sunday, June 21, 2020

Break the China habit? Lobsters, lights and toilets show how hard it is

20 June, 2020

NEW YORK — As the coronavirus pandemic amplifies long-standing concerns over the world’s economic dependence on China, many countries are trying to reduce their exposure to Beijing’s brand of business.

Japan has set aside US$2.2 billion (S$3.06 billion) to help companies shift production out of China. European trade ministers have emphasised the need to diversify supply chains. Several countries, including Australia and Germany, have moved to keep China, among others, from buying businesses weakened by lockdowns. Hawks in the Trump administration also continue to press for an economic “decoupling” from Beijing.

But outside government circles, in the companies where the decisions about manufacturing and sales are actually made, the calculations are more complex.

China is a hard habit to break.

Tuesday, June 2, 2020

Commentary: Soon you may be competing with talent globally. The Fortitude Budget is a wake-up call

The huge spike in global unemployment and the rising trend of permanent remote working could buck the anti-globalisation shift that was highlighted in the Fortitude Budget, says employment and labour lawyer Amarjit Kaur.


By Amarjit Kaur

02 Jun 2020


SINGAPORE: Prior to COVID-19, few would have imagined that at least 80 per cent of Singapore’s working population, if not more, need not physically be at the office to do their jobs.

Employers – some of whom are my clients - were sceptical about how work could be done remotely, and were resistant to the concept of working from home (WFH).

They have since expressed surprise that employees can be just as productive, if not more, while WFH. Conversely, there are others employers who believe that remote working has led to a loss of efficiency and are waiting with baited breath for employees to return to the office.

Sunday, April 19, 2020

Fewer meetings, more toilet lids: What workplaces will look like after lockdowns

People should be prepared for a "new normal" when they finally go back to work, say experts.

18 April, 2020

WASHINGTON — Around the world countries are hitting their coronavirus peaks and starting to grapple with questions about when and how to reopen their economies.

But those people fortunate enough to have not lost their jobs should be prepared for a "new normal" when they finally go back to work, say experts.

Here is a preview of what to expect.

Saturday, April 11, 2020

Commentary: The great coronavirus pandemic will lead to another - of unemployment

By Pavlina R Tcherneva

26 Mar 2020


NEW YORK CITY: The fallout from the coronavirus pandemic will be nothing like that of the 2008 financial crisis, nor will a V-shaped recovery be achieved through conventional stimulus – not even through truly massive conventional stimulus.

The world is at war with COVID-19, and in wartime, civilian production grinds to a halt and the only work that is needed is for the war effort itself.

Moreover, a recession is sadly necessary to stop the spread of this virus. In the United States, over 50 per cent of jobs are at risk from layoffs, furloughs, reduced pay, and lost hours.

Virtually every sector of the economy stands to lose a large chunk of its business, household incomes will be devastated, and spending by consumers and firms will rapidly decline.

The manufacturing collapse has already begun; the service economy, which employs 80 per cent of all workers, will be next.

One pandemic thus will lead to another – of unemployment. The avalanche of layoffs will bring a wave of defaults, bankruptcies, and depressed profits.

Sunday, March 29, 2020

Coronavirus could help push us into a greener way of life

By Simon Kuper

26 March, 2020

By the time this horror ends, it might have changed our way of life. Already, the coronavirus has achieved something that government policies and moral awakening couldn’t: It is pushing us into green living.

The nature of work, commuting and shopping changed this month. If that transformation sticks, then one day we’ll have happier and more productive societies, and we’ll look back on December 2019 as the all-time peak in global carbon emissions.

First of all, the pandemic may show that offices are an outdated way to organise work. This is something I have suspected since my three-year office experience in the 1990s.

I was amazed at the inefficiency of the set-up: People spent much of the day distracting each other by gossiping, flirting, complaining about the boss or that morning’s commute. I’ve worked happily alone for 22 years now.

Offices exist largely so that bosses can check whether workers are doing the work (or at least putting in face-time). But nowadays, data can do much of the monitoring. Meanwhile, improved workplace software such as Slack and Zoom lets employees collaborate from home.

The tech may actually outperform real life: A professor who has hurriedly learnt Zoom told me he liked the way the software can instantly create small break-out groups of students to work on a problem.

In an auditorium, everyone has to pack their bags, find a room and grab a coffee on the way.

Now that entire countries are learning to work from their bedrooms, many employers may end up concluding that they can ditch expensive office space.

That wouldn’t merely reduce emissions, and liberate metropolitan workers from ghastly commutes (the daily round trip averages well over an hour in cities such as New York, Chicago and London).

The shift would also reduce urban house prices, as some offices get converted into homes, and some workers are freed to leave the city.

In the next year or two, virtual-reality software will let the boss (or at least the boss’s avatar) step into underlings’ home-offices to root out shirking.

In short, work could follow dating, shopping and game-playing in going virtual. That would make life greener but also more isolated.

To compensate, neighbourhoods will need more communal spaces. Already the death of bricks-and-mortar retail has allowed coffee shops and co-working spaces to take over high streets.

But we’ll also have to build more playgrounds (with some for adults), community centres and parks.

Another benefit: The pandemic may help stop the decades-long rise in business travel.

I discovered this month that each time a trip was cancelled, I mostly felt relief.

I know the benefits of business travel: The two books I’m currently writing both came out of meeting someone while at a conference. So did my previous book.

However, most trips probably cause a net loss of productivity. While you search for the one or two useful people to talk to amid the 300 carbon-emitting duds at a disappointing conference, you’re missing work at home.

Moreover, most conferences feature a lot more wannabe sellers than buyers. Nowadays it’s quicker to find the perfect counterpart on LinkedIn.

As for content, well-made virtual conferences could be as compelling to watch as good TED talks or TV — and more so than the endless panels of executives talking their own books.

As for shopping, even before the coronavirus we were shifting towards a world where the shop comes to you. That movement just accelerated, possibly for ever.

It’s much greener for a supermarket to send an electric van (or a cargo-bike) to 100 homes in a neighbourhood than for all those people to drive to the supermarket. Some could ditch their cars.

Even in the very short term, the green lining to this pandemic is surprisingly large.

Air pollution kills about 1.1 million people in China alone every year.

The fall in pollution during the country’s lockdown in January and February “likely saved 20 times more lives in China than have currently been lost due to infection with the virus in that country”, calculates Marshall Burke of Stanford University’s Department of Earth System Science.

He adds: “The fact that disruption of this magnitude could actually lead to some large (partial) benefits suggests that our normal way of doing things might need disrupting.”

That’s particularly true since climate change makes pandemics more likely. It expands the natural habitat of infectious insects such as mosquitoes, while reducing the habitat of animals, with the effect of pushing both into closer contact with humans.

Governments need to make good use of the current pandemic. Many states are preparing a fiscal stimulus.

United States President Donald Trump wants to bestow much of it on the carbon emitters that could go bust in the incipient recession: airlines, cruise ships, oil producers and his beloved hotel industry (which lives off travellers’ emissions).

Forward-looking governments will instead prioritise green industries, while helping workers who lose their fossil-fuel jobs.

It turns out that developed countries (except possibly the US) can still do collective government-led wartime-style mobilisation. It’s a muscle we’re going to need.

FINANCIAL TIMES


ABOUT THE AUTHOR:

Simon Kuper is a life and arts columnist for the Financial Times.





Cleaner hands, bluer skies: What has coronavirus done for us?

25 March, 2020

TOKYO — Deaths, economic meltdown and a planet on lockdown. The coronavirus pandemic has brought us waves of bad news, but squint and you might just see a few bright spots.

From better hygiene that has reduced other infectious diseases to people reaching out as they self-isolate, here are some slivers of silver linings during a bleak moment.

WASH YOUR HANDS!

The message from health professionals has been clear from the start of the outbreak: wash your hands.

Everyone from celebrities to politicians has had a go at demonstrating correct technique — including singing "Happy Birthday" twice through to make sure you scrub long enough, and hand sanitiser has flown off the shelves.

All that extra hygiene appears to be paying off, at least in some countries, including Japan, where the number of flu cases appears to be sharply down.

Japan recorded 7.21 million cases by early March — usually around the peak of the flu season that runs until May.

That was far below figures for previous years, including the 21.04 million infections seen during the 2017/18 season.

"We estimate that one of the reasons behind it is that people are now much more aware about the need to wash hands... given the spread of the new coronavirus," Japanese health ministry official Daisha Inoue told AFP.

CARBON CURBS

Factory shutdowns, travel bans and a squeeze on demand spell economic disaster, but it isn't all bad news for the environment.

In the four weeks to March 1, China's CO2 emissions fell 200 million tonnes, or 25 per cent, compared to the same period last year, according to the Centre for Research on Energy and Clean Air.

That's a decline equivalent to annual CO2 emissions from Argentina, Egypt or Vietnam.

The slowdown in China also saw coal consumption at power plants there down 36 per cent, and the use of oil at refineries drop by nearly as much.

Air travel is also grinding to a virtual halt, achieving at least a short-term drop-off in emissions from a highly polluting industry.

And there have been other environmental benefits, including crystal-clear waters in Venice canals usually choked with tourist-laden boats.

Unfortunately, experts say the cleaner air may be short-lived. 

Once the health crisis is over, experts expect countries will double down to try to make up for lost time, with climate change concerns likely to be sidelined in a race to recover economic growth.

SAVE THE PANGOLINS

The source of the coronavirus remains in question, but early tracking focused on a market in China's Wuhan where a variety of live wildlife was on sale for consumption.

A number of animals, including bats and the highly endangered pangolin, have been identified as possible culprits for the virus.

As a result, China in February declared an immediate and "comprehensive" ban on the trade and consumption of wild animals that was welcomed by environmentalists.

Beijing implemented similar measures following the Sars (severe acute respiratory syndrome) outbreak in the early 2000s, but the trade and consumption of wild animals, including bats and snakes, made a comeback.

This time the ban is permanent, raising hopes that it could end the local trade in wildlife.

"I do think the government has seen the toll it takes on national economy and society is much bigger than the benefit that wild-eating business brings," said Mr Jeff He, China director at the International Fund for Animal Welfare.

Reports linking the virus to the pangolin have also scared off would-be consumers of the scaly mammals elsewhere, with bushmeat vendors in Gabon reporting a plunge in sales.

APART, TOGETHER

One of the most difficult aspects of the stringent lockdowns imposed to slow the spread of the virus has been loneliness, with families and friends forced to endure weeks or even months apart.

But some people have found the measures are creating a sense of community spirit, and prompting them to make more of an effort to check in with family and reconnect with friends.

In Colombia, where a nearly three-week period of self-isolation is now in place, 43-year-old Andrea Uribe has organised everything from group exercise classes to family talent shows using video messaging programmes including Zoom.

"I have called my parents more often, I have talked to friends that I usually don't talk to... I have organised Zoom meetings with friends in multiple countries," Ms Uribe, who works in development, told AFP.

"It is wonderful to be forced to be there for one another. It has made me more creative. It just shows that we need to be present in people's lives."

AFP

Tuesday, March 24, 2020

SIA will need government aid to survive impact of Covid-19, say analysts

By Janice Lim

24 March, 2020

SINGAPORE — Singapore Airlines (SIA) will need a financial boost from the Government, said analysts, who noted that the same applied to airlines across the globe as the Covid-19 outbreak continues to wreak havoc in the aviation sector.

Demand for international air travel has been obliterated as governments close their borders, but there will be costs that SIA will still be incurring even though it has grounded almost all its flights, they noted.

On Monday (March 23), the national carrier said that it will cut 96 per cent of the capacity that had been originally scheduled up to the end of April, as border controls tighten worldwide due to the Covid-19 outbreak.

Later on Monday, SIA announced cost-cutting measures affecting about 10,000 staff including voluntary and compulsory no-pay leave, furloughs, and further pay cuts to senior management staff members. The airline did not place an estimated value on the cuts in a staff memo seen by TODAY.

The announcements came as SIA's share price sank 11 per cent on Monday to S$5.36, its lowest level in more than 15 years.

Monday, March 23, 2020

'How did things end up like this?' America's newly unemployed grapple with coronavirus fallout

20 Mar 2020 

NEW YORK: Across the United States, thousands of waiters, cooks, hotel staff, actors, bartenders and workers in other sectors have suddenly found themselves unemployed as the coronavirus pandemic has scythed through the world's biggest economy.

This abrupt reversal of fortune for the economic victims of the virus happened almost overnight, turning lives upside down as their places of work shuttered or reduced staffing. Dreams of the future have been replaced by worries about the present: "How do I pay my rent" or "How do I pay for food?"

While some ponder returning home to their parents temporarily to help make ends meet, others are too afraid to take this step, worried they might expose older loved ones to the virus. And many are now applying for unemployment benefits for the first time in their lives.

A few hours after ending her shift on Wednesday, Nyiasha Johnson got a call from a co-worker with devastating news: She had lost her job at Philadelphia International Airport, one of hundreds of contract service workers hit by airline company cuts.

"My initial thought process was how am I going to pay my bills. Do I need to contact my landlord now because the rent is two weeks away?" Johnson, 40, told Reuters. "I'm very stressed out emotionally, confused. Just trying to stay positive."

Thursday, March 19, 2020

With no place to stay, some Malaysian workers sleeping rough near Kranji MRT Station

By Nabilah Awang

19 March, 2020

SINGAPORE — Past midnight, Mr Armel Sharil waited until the metal gates of Kranji MRT Station were pulled shut at 1am before he carefully laid a cardboard on the floor to lie down and rest his eyes.

He has just four hours to sleep. “I’ll wake up at about 5am, around the time the station opens,” the 31-year-old warehouse storekeeper said in Malay.

Mr Armel is one of about 20 Malaysian workers spending the night near the station in the early hours of Thursday (March 19). The father-of-two said that his employer is still finding accommodation for him.

Kranji MRT Station is normally bustling around 10pm, with commuters waiting for cross-border bus services to Johor Baru in Malaysia, but it was devoid of any activity and quiet when TODAY arrived at that time.

Wednesday, January 15, 2020

5 firms punished under harsher regime against discriminatory hiring practices

By Justin Ong

Of the five companies that have been taken to task under the enhanced penalties for discriminatory hiring practices, one of them, Ti2 Logistics Pte Ltd, has been charged.

15 January, 2020

SINGAPORE — One company put up a job application specifically hiring males, another falsely declared that it had interviewed Singaporean job applicants when it had already selected a foreign candidate.

In total, five companies have faced stiffer penalties for discriminatory hiring practices under the Ministry of Manpower’s (MOM’s) updated Fair Consideration Framework (FCF) unveiled on Tuesday (Jan 14).

Welcoming the “more robust and resolute” measures, the National Trades Union Congress' assistant secretary-general Patrick Tay said in a Facebook post that the enhanced framework serves to level the playing field for Singaporean professionals, managers and executives.

“The harsher penalties will send a deterrent effect to would-be and recalcitrant employers and businesses,” he wrote.

“The blacklisting and highlighting of specific companies is a positive move to send a strong signal to the errant company, the sector/industry and to the labour market as a whole.”