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[h=2]MOH goes to Taiwan to recruit cheaper fresh graduates[/h]
June 6th, 2014 |
Author: Editorial
A reader alerted TRE to a Shin Min Daily News article which was published on 14 May last month.
It talked about Singapore local companies going to Taiwan to recruit Taiwanese fresh graduates with salary of S$2,240.
This is very much lower than the average gross monthly salary of S$3,229 for Singapore local fresh graduates working in full-time jobs, according to the latest joint graduate employment survey conducted by the 3 local universities [Link].
The Shin Min article reported that the salaries of Taiwanese fresh graduates are generally very low compared to Singapore’s. For S$2,240, it’s easy for local companies to “acquire talents”.
It said that the Taiwanese economy continues to be weak in recent years. On average, a fresh graduate in Taiwan can only earn about NT22,000 (about S$910). This is even less than 3.5 times of the average S$3,229 which a Singapore local fresh graduate earns here.
Shin Min quoted a report from Taiwanese media, reporting that a Singapore kindergarten went to Taiwan to recruit Taiwanese graduates. It offered NT54,000 (about S$2,240), 5-day week, bonuses, meal provision, 14-day leaves and returned airfare. Shin Min said that the offer may not sound attractive to Singapore graduates but it created a lot of “excitement” for Taiwanese graduates.
Taiwanese graduate: The benefits are considered very good in Singapore.
The Taiwanese media also reported that Singapore companies have been going to Taiwan to recruit their graduates in the past few years. The companies were looking for kindergarten teachers, radiologists, pharmacists, therapists and so on. Nearly a hundred Taiwanese radiologists have been recruited. In the past 3 years, more than 100 kindergarten teachers have also come to Singapore. And the numbers are increasing.
Shin Min also reported another company offering NT80,000 (about S$3,320) for Taiwanese biotech professionals. It is said that the offer “stirs up” strong interests among the medical science students in Taiwanese universities.
A director with the medical imaging and radiology department of a Taiwanese university said, “A lot of the graduates are making Singapore their first choice mainly because of the benefits being offered: 21-day leaves, minimum NT70,000 (S$2,900) and housing allowance.”
MOH Holdings Pte Ltd
One of such companies which went to Taiwan to recruit their graduates is MOH Holdings Pte Ltd (MOHH), as captured in video by Taiwanese media during a news reporting:
MOHH is the holding company of Singapore’s public healthcare assets [Link]. According to its website, MOHH provides systems-level strategising and coordination and facilitates collaboration across clusters and public healthcare institutions. MOHH also seeks to leverage on synergies and economies of scale across the entire healthcare spectrum, thereby enhancing operational efficiency of the public healthcare sector in the long run.
MOHH currently undertakes strategic initiatives for the Ministry of Health and the public healthcare institutions. These include:
It talked about Singapore local companies going to Taiwan to recruit Taiwanese fresh graduates with salary of S$2,240.
This is very much lower than the average gross monthly salary of S$3,229 for Singapore local fresh graduates working in full-time jobs, according to the latest joint graduate employment survey conducted by the 3 local universities [Link].
The Shin Min article reported that the salaries of Taiwanese fresh graduates are generally very low compared to Singapore’s. For S$2,240, it’s easy for local companies to “acquire talents”.
It said that the Taiwanese economy continues to be weak in recent years. On average, a fresh graduate in Taiwan can only earn about NT22,000 (about S$910). This is even less than 3.5 times of the average S$3,229 which a Singapore local fresh graduate earns here.
Shin Min quoted a report from Taiwanese media, reporting that a Singapore kindergarten went to Taiwan to recruit Taiwanese graduates. It offered NT54,000 (about S$2,240), 5-day week, bonuses, meal provision, 14-day leaves and returned airfare. Shin Min said that the offer may not sound attractive to Singapore graduates but it created a lot of “excitement” for Taiwanese graduates.
The Taiwanese media also reported that Singapore companies have been going to Taiwan to recruit their graduates in the past few years. The companies were looking for kindergarten teachers, radiologists, pharmacists, therapists and so on. Nearly a hundred Taiwanese radiologists have been recruited. In the past 3 years, more than 100 kindergarten teachers have also come to Singapore. And the numbers are increasing.
Shin Min also reported another company offering NT80,000 (about S$3,320) for Taiwanese biotech professionals. It is said that the offer “stirs up” strong interests among the medical science students in Taiwanese universities.
A director with the medical imaging and radiology department of a Taiwanese university said, “A lot of the graduates are making Singapore their first choice mainly because of the benefits being offered: 21-day leaves, minimum NT70,000 (S$2,900) and housing allowance.”
MOH Holdings Pte Ltd
One of such companies which went to Taiwan to recruit their graduates is MOH Holdings Pte Ltd (MOHH), as captured in video by Taiwanese media during a news reporting:
MOHH is the holding company of Singapore’s public healthcare assets [Link]. According to its website, MOHH provides systems-level strategising and coordination and facilitates collaboration across clusters and public healthcare institutions. MOHH also seeks to leverage on synergies and economies of scale across the entire healthcare spectrum, thereby enhancing operational efficiency of the public healthcare sector in the long run.
MOHH currently undertakes strategic initiatives for the Ministry of Health and the public healthcare institutions. These include:
- Common employment of junior doctors to ensure effective allocation and training of our medical manpower;
- Developing a national IT framework for Singapore’s public healthcare sector;
- Providing a system for joint recruitment of healthcare professionals for Singapore’s public healthcare institutions;
- Developing and operationalising a talent management and HR framework for the entire public healthcare spectrum;
- Optimising selected finance-related functions within the MOHH Group, such as central treasury;
- Providing corporate advisory and support to MOHH’s subsidiaries, and creating a corporate development system to support future organisational developments in the MOHH Group; and,
- Providing strategic and operational Board secretarial support for MOHH’s Group of entities.
- National University Health System
- National Healthcare Group
- Singapore Health Services
- Alexandra Health System
- Jurong Health Services
- Eastern Health Alliance
- Integrated Health Information Systems (IHIS), the consolidated entity of IT resources of the different restructured healthcare entities;
- Agency for Integrated Care (AIC), an independent corporate entity that was formed to look into the enhancement and integration of Singapore’s long-term care sector;
- Singapore Clinical Research Institute (SCRI), the research entity that will take on the role of supporting translational research in Singapore; and
- Health and Medical Practice Insurance (HMPI), a captive insurance entity that was formed to self insure MOHH and its subsidiaries against medical malpractice claims.
- Chua Geok Wah – 1 share
- Minister for Finance – 672,866,308 shares
