MIW at last admitted that our productivity is in a piteous state

[Leepotism]

S'pore's productivity well below most developed countries: DPM Tharman <TBODY> </TBODY> <!-- for social media sharing functions --> <TBODY> </TBODY> <!-- END social media sharing functions --> SINGAPORE: Singapore's productivity is well below that of the most developed countries, according to Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam. In a Facebook post on Sunday, he noted that restaurants here are experiencing difficulties finding employees. Mr Tharman said some restaurants have raised pay to attract part-timers during the peak Lunar New Year season. But most still have difficulty finding people, because the overall labour market is close to full employment. DPM Tharman said these are real problems for businesses, but the solution is not to ease up on foreign worker policies. He said the solution has to be more fundamental. Using restaurants in the US, Europe, Japan, and Hong Kong as examples, he noted that they have fewer workers, but are still able to do well. The same employee handles more duties, and serves more tables. The employees are well-paid, both full-time and part-time. They know their stuff, including details of the dishes on the menu, and are well trained. The restaurants also employ older workers, give them good jobs with some adjustments where required, and customers treat them with respect. Mr Tharman said productivity then becomes key to upgrading incomes and standards of living - and transforming jobs is the only 'fundamental and sustainable' solution. Higher productivity will also mean price increments can be minimised - even if wages go up. He said everyone has to play his or her part. Employers have to transform the way businesses are run and share productivity gains with their employees through higher pay. Employees need to pick up skills and keep learning on the job. Mr Tharman said the government has to keep the foreign worker policy tight, but at the same time lend strong support to help this upgrading and upskilling in every sector. And customers too have to play their part by treating workers in ordinary jobs with respect.

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[halsey02]

>The restaurants also employ older workers, give them good jobs with some adjustments where required, and customers treat them with respect.>
quote

The word is RESPECT, it is not so much you pay a person, but the respect you give...in SINgapore, you have Money, Power & connection, you get..R.E.S.P.E.C.T.

 

[iluvgst]

The thing is respect one gets is in proportion to ones pay or position in life.

 

[laksaboy]

The wages in Singapore are also well below most developed countries.

Want more productivity? Pay more. Otherwise, shut the hell up.

 

[Leepotism]

One blanga working, three blanglas watching. How to improve productivity?

 

[halsey02]

One blanga working, three blanglas watching. How to improve productivity?

One MP working, three others watching, one having his "mango", one keeping an eye on the "mango tree"...what kind of productivity is this??

 

[Leepotism]

One MP working, three others watching, one having his "mango", one keeping an eye on the "mango tree"...what kind of productivity is this??

It is productivity mango style. Lol.

 

[johnny333]

Does PM Lee still need the help of his daddy & uncle Goh:o

Can imagine the millions that could have been saved by if a cheap FT could have been hired e.g. Clinton, Thatcher, .....

 

[Bigfuck]

Krugman is laughing. Told LKY 20 years back.

 

[chupacabra]

Full time work in a restaurant in OZ is 38 hours the same as other jobs. In peesai its more than 50 hours. Add split shifts without allowance and nothing else but your pay is all u get in peesai. Places like OZ and canada have alot of incentives for FnB workers just like any other jobs.

 

[andyfisher]

It shows systemic faults in our economy which pappies despite their millions of dollars salary are not abt to solve. time to check out pappies.
pinky also cmi as pm.

we need new blood.

 

[kongsimi]

you bring in one million people and still say productivity low?

singaporeans work overtime some until 12am in the morning still say productivity low?

and some mps are sleeping in parliament.

And see how many people are needed to clean your estate.

 

[winnipegjets]

After decades of rule and hundreds of millions spent on minister salaries, they tell us what we already know.

 

[rodent2005]

About thirty years ago or so, the PAP started talking about productivity. Thirty years later, still having problems with productivity.

 

[Leongsam]

About thirty years ago or so, the PAP started talking about productivity. Thirty years later, still having problems with productivity.

That's because sinkies aren't productive. They're too lazy.

 

[singveld]

well, the productivity was going well, until PM open the FT floodgate.
So basically PM is to blame.

 

[johnny333]

Can anyone tell me how how many PAP MPs are needed to change a light bulb

 

[halsey02]

Can anyone tell me how how many PAP MPs are needed to change a light bulb

Five at least, one hold the bulb, one hold the ladder, the other three form a committee discussing ways & means to change the light bulb. At the end of the year, the light bulb is still waiting to be changed, in the meanwhile in "gotham city"..oops!.. one is having his Mango, the other keeping an eye on the Mango..while the rest are having a siesta, admiring the chikus across the divide.

 

[Bigfuck]

Paul Robin Krugman (pron.: /ˈkruːɡmən/;[6] born February 28, 1953) is an American economist, Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University, Centenary Professor at the London School of Economics, and an op-ed columnist for The New York Times.[7][8] In 2008, Krugman won the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. According to the prize Committee, the prize was given for Krugman's work explaining the patterns of international trade and the geographic concentration of wealth, by examining the effects of economies of scale and of consumer preferences for diverse goods and services.[9]

Krugman is known in academia for his work on international economics (including trade theory, economic geography, and international finance),[10][11] liquidity traps, and currency crises. He is the 20th most widely cited economist in the world today[12] and is ranked among the most influential academic thinkers in the US.[13]

So who the fuck is LKY to comment about anything? Kuan Yew, stand in the corner and face the wall till the Grim Reaper comes!

http://furrybrowndog.wordpress.com/2010/01/11/productivity-and-singapores-economic-growth-model/

FYI for more reasons to come up with retrospective fine for last 30 years that includes a 2.7% interest retrospective as well on all civil servants and state owned enterprises.

 

[halsey02]

About thirty years ago or so, the PAP started talking about productivity. Thirty years later, still having problems with productivity.

yes...I have being in productivity circles whose purpose is doing 'lip service'...the workers are generally hard working, I can say around 90%+, the balance consist of a "certain race", people who are just plain lazy etc..

But many are just doing the job for what they are paid for & offer nothing more...& usually when the mangament becomes stingy, people are over work, underpaid & threathen with , "we can employ xx of FT to replace you"...respect is lost...Productivity will take a nose dive..

For 30 years...I have been hearing this productivity mantra, being recited over, over & over again..first it was learn from the Japanese...is the government of the day productive?? perhaps we should change that to raise PRODUCTIVITY...