Serious Brother Kee Chiu And NTUC Launches Unemployment Insurance Scheme To Help Sinkies!

SINGAPORE: Professionals, managers, executives and technicians (PMETs) who are out of a job will receive help getting back into the workforce and wage support under a new scheme launched by the National Trades Union Congress (NTUC) on Thursday (Jul 27).

Named the Returner Work Trial, the scheme provides employment opportunities for local PMETs who have been unemployed for at least two years.

The scheme is capped at six months, and during this trial period, employers will offer structured on-the-job training for these workers. A training allowance of at least S$2,500 will be paid, and Workforce Singapore will contribute S$1,500 per month while the employer will fork out a minimum of S$1,000 per month.

Those eligible to apply for the trial are Singapore citizens aged 30 and above, have a degree or diploma or previously held a PMET role, and have been out of work for two years or longer. For companies, they must be registered or incorporated here to register as a participating employer.

Employers are "strongly encouraged" to offer options for flexible work arrangements, such as telecommuting, during the trial and upon permanent placement, the press release said. They are also encouraged to offer a permanent position or a contract position of 12 months and above to the PMET at the end of the trial if he or she is deemed suitable.


As an additional incentive, employers get a bonus of S$3,000 if the returning PMET is hired in a permanent or contract position of at least 12 months, and he or she works for three continuous months after the trial. This bonus will be given to the employer at the nine-month mark after the start of the trial, regardless of when the returning worker was placed, NTUC and Workforce Singapore said.

Mr Desmond Choo, director of industrial relations at NTUC, said reintegrating PMETs who took a break from their career into the workforce will help to meet current and future manpower demand.

"The talent in this pool is immense. Much more can be done to value the contributions and sacrifices made by these professionals, so that they can make a seamless transition back to the workforce," said Mr Choo.

Since July, 22 companies have come on board the scheme, offering a total of 80 work trial positions. Mr Choo said he expected this number to increase.

Applications for the scheme will start on Sep 1, and those interested can contact NTUC U Family at [email protected].



Read more at http://www.channelnewsasia.com/news...et-wage-support-under-new-ntuc-scheme-9068722

Goh Keng Swee's and the pioneer batch of EDB team had only one single goal - employment for Singaporeans. GDP and other measures are progress markers and not achievements. If he resorted to piecemeal solutions after opening the gates to foreigners, we would not have evolved as a nation.

Now we are so desperate that we are bribing employers to take on Singapore workers. None of this is sustainable. All they do is get plp employers to take up grassroots folks and their friends to hang around and do little.

scroobal said:

Goh Keng Swee's and the pioneer batch of EDB team had only one single goal - employment for Singaporeans. GDP and other measures are progress markers and not achievements. If he resorted to piecemeal solutions after opening the gates to foreigners, we would not have evolved as a nation.

Now we are so desperate that we are bribing employers to take on Singapore workers. None of this is sustainable. All they do is get plp employers to take up grassroots folks and their friends to hang around and do little.

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Tying ministers pay to GDP was the stupidest thing ever dreamt up. The assumption was that everybody's pay and wellbeing goes up with GDP. This is how greed blinds.

Didn't the SDP first suggest a similarly spirited scheme back in 2015? Dont think this is the first time their ideas have been somewhat plagiarised...

http://yoursdp.org/publ/sdp_39_s_al...art_to_support_retrenched_workers/25-1-0-1488

SDP PROPOSES RESTART TO SUPPORT RETRENCHED WORKERS

Singapore Democrats

When Singaporeans are retrenched, they are left out in the cold with no financial protection. Through no fault of theirs, retrenched workers suddenly find themselves in uncertainty and hardship.$CUT$
Low-wage workers are especially vulnerable as they have no say in company restructuring or the factors that cause MNCs to relocate their operations. This affects even middle-income professionals in the fields of life sciences and hospitality.

Unexpected lay-offs cause severe strain on the entire family with serious social repercussions. Even though income stops, the bills don't. The family still needs to eat, children still need to go to school, and electricity bills still need to be paid.

On the other end, when CEOs and top managers are let go, they are given golden handshakes, sometimes worth millions of dollars.

To remedy such an imbalance, the SDP proposes a retrenchment insurance scheme called RESTART (Re-Employment Scheme and Temporary Assistance for the ReTrenched) for our workers who find themselves laid-off from work.

Here's how it works:

If a worker is retrenched, RESTART pays him/her 75% of last drawn salary for 1st 6 months, 50% for 2nd 6 months, and 25% for final 6 months.

The payout stops once the individual is re-employed or 18 months after retrenchment.

The payout capped at the prevailing median wage (which is $3,770 as of 2014). This means that a retrenched employee earning $3,200/month would be paid $2,400 for the first 6 months and so on whereas an employee earning $5,000/month would get paid 75% of $3,770 for the first 6 months.

MOM will assist the retrenched individual to seek re-employment and help match his/her skill- and salary-level to new job where possible.

The individual can reject only up to 3 job offers.

Based on a 5% unemployment rate, we estimate RESTART's budget to be $2 billion a year. This budget will come from

the state (80%), employers (10%) and workers (10%)

employees’ contributions are made on a sliding scale with the higher-income groups paying more

employers would match their employees’ contributions dollar for dollar

Such a hybrid system of financing would spread out the fiscal responsibility to all stakeholders.

To prevent abuse of the programme, those relieved of their work due to misconduct, resign from their jobs or worked with the company for less than a year will not be eligible for RESTART.

As the name, suggests, RESTART is meant to provide temporary assistance to retrenched workers and to help them get back on their feet to contribute to the economy. It will help to reduce tension and hardship for families, keeping our social fabric secure and strong.

As usual, SPD will make noise and complain their ideas are copied. It's SDP who first suggested cycling is a faster mode of transport than walking, anybody or group saying so are guilty of plagarizing SDP!

scroobal said:

Goh Keng Swee's and the pioneer batch of EDB team had only one single goal - employment for Singaporeans. GDP and other measures are progress markers and not achievements. If he resorted to piecemeal solutions after opening the gates to foreigners, we would not have evolved as a nation.

Now we are so desperate that we are bribing employers to take on Singapore workers. None of this is sustainable. All they do is get plp employers to take up grassroots folks and their friends to hang around and do little.

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The no. 1 PLP is very quiet!

The SDP may kickstart a few good ideas, but most sinkies wouldn't trust them to run a lemonade stand, let alone an SMC or the country. People still want the PAP to implement whatever good ideas the oppies can come up with.

Not just SDP, they also copied WP's 2011 manifesto as it appealed to the masses. Its a party that has no idea what they are doing.

gongkia said:

As usual, SPD will make noise and complain their ideas are copied. It's SDP who first suggested cycling is a faster mode of transport than walking, anybody or group saying so are guilty of plagarizing SDP!

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JohnTan said:

The SDP may kickstart a few good ideas, but most sinkies wouldn't trust them to run a lemonade stand, let alone an SMC or the country. People still want the PAP to implement whatever good ideas the oppies can come up with.

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Then we still need the opposition. The PAP is clueless.

Last night with the Kakis and everyone was trying to figure out what and where is the connection was with the Lees or the Kwas. Everyman had the same sense and it goes by the day as his incompetence is getting clearer by the day. One chap thought that it has to do with his accommodating HC, ST etc over many military contracts that developed a strong bond as a "comrade" He did say it was pure speculation but most of us felt that it is likely and may explain his presence at the funeral.

The whole host of problems Singapore faced today lies with the fault of 70% voters. If this mother source is not addressed every 5 years, Singaporeans will continue to live from hands to mouth and fearful of what next disastrous policies PAP will come out with.

scroobal said:

Last night with the Kakis and everyone was trying to figure out what and where is the connection was with the Lees or the Kwas. Everyman had the same sense and it goes by the day as his incompetence is getting clearer by the day. One chap thought that it has to do with his accommodating HC, ST etc over many military contracts that developed a strong bond as a "comrade" He did say it was pure speculation but most of us felt that it is likely and may explain his presence at the funeral.

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Some say he is the sinkie version of Jon Snow.

JohnTan said:

Some say he is the sinkie version of Jon Snow.

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Wow. That's deep stuff.

Please tell us who is the Sinkie version of:

Mother of dragons?

Lesbian Queen of the Iron Islands?