Why firms in SG like to use Indian IT workers

[makapaaa]

[h=2]Why firms in SG like to use Indian IT workers[/h]

January 8th, 2014 |

Author: Contributions

“If Indian IT is so bad, why the f**k do you think everybody is getting Indian IT workers to work in here. Banks & not stupid. They are here to make money. Anyone who makes them money is a good choice for them.”
​

Of course banks and major businesses aren’t stupid. You’re right, anyone who makes them money is a good choice for them. But workers don’t make them money, customers and investments do. Workers are filed under business expenses and cost (in order to make that money). If Indian techies are cheaper, and help with the bottom line, banks can get “bang for their buck” and spend less money on human resource, to add to their profit margin… why not? Same way call centres are outsourced to the cheapest possible place to do the job. Unbridled capitalism means paying workers as little as possible as one way to maximise profit, at all cost, until proven detrimental/unsustainable. Unbridled capitalism is ideal for all businesses as the purpose of business is profit.

Governments, on the other hand, have a responsibility to its citizens, because it’s citizenry that builds the nation and subsequently, the government. I took up Info Tech as my post-secondary education only to realise that, one semester in, polytechnics are churning cogs in the IT machinery. Singapore eventually gets cheaper cogs from India… again, why not? This is happening in the US too. That’s how businesses are run. Don’t think for a second that India produces tech specialists to deem Singaporeans replaceable by their skills and expertise alone. Otherwise, these skilled workers would be paid more, not less, than the average Singaporean worker bee if Indian worker bees are generally much more valued. This also creates downward pressure on the Singaporean’s salary. The cheaper worker bee concept has permeated far beyond the manufacturing sector of the 70s and 80s into the service/support industry.

I am glad I quit a “stable” polytechnic education (much to my parents’ chagrin) and switched to a design school and am in the design field now. Am able to be survive and manoeuvre, partly because being educated outside of the cog-producing factories we call the government education system, has enabled me to use my cognitive skills to think, innovate, adapt and survive… and hopefully flourish when I start my own business in the foreseeable future.

I’m not saying it’s the Indian workers fault – all worker (bees) would go anywhere the money (honey) is. It’s about corporations being in bed with a government that is really nothing more than a corporation armed with legislative powers of the land. So at the end of the day, it’s the citizens who get screwed.

PPD

* Comment first appeared in: PAP’s policies have caused the IT industry to suffer

Editor’s note: Corporations are here to make money and to maximise profits for their shareholders. Can’t exactly blame them. It’s the same anywhere in the world even in the US. However, in the case of Singapore, it’s not so much that corporations are in bed with the Govt. It’s more the other way round, the Govt is in bed with corporations

 

[laksaboy]

It’s about corporations being in bed with a government that is really nothing more than a corporation armed with legislative powers of the land. So at the end of the day, it’s the citizens who get screwed.

A corporate fascist state, with those few running the country like a profit-maximizing family business.

 

[chootchiew]

If China can use fake parts to make branded phones, why Banks don't want to use cheap labour to develop and support it's infrastructure

 

[Equalisation]

Oily ?

 

[MadrigalWheel]

Exterminate the culture of self-entitlement, destroy those that subliminally use the caste system to enrich themselves.

 

[GoldenPeriod]

The most fucked up thing is they think they are actually better than us.

 

[ykhuser]

why ? because the boss knows the lazy bum for sure will find the shortest way to do a difficult job.that is when innovation is evolved from the lazy group.
the hardworking group will do from step A to step Z, they cant innovate.they are paid peanut.

so next time dont wonder why the hardworking cleaner are paid $1k,
the innovative lazy bum that smoke,yank a lot, come to work late, burp loudly but they are paid $5k

 

[DollarsNoSense]

without the innovative lazy bum shitting and pee-ing, the hardworking cleaner got no shit to clean

so next time dont wonder why the hardworking cleaner are paid $1k,
the innovative lazy bum that smoke,yank a lot, come to work late, burp loudly but they are paid $5k

 

[DollarsNoSense]

Indians r smart cos their ancestors invented the number '0'

 

[streetcry]

Singapore signed the Comprehensive Economic Cooperation Agreement (CECA) with India in 2005.

One outcome of this agreement was the large number of Indian nationals that were sent to work in Singapore, especially in the IT sector, that resulted in the loss of jobs of Singaporeans in this sector.

The terms of the CECA are set out in this document
http://www.fta.gov.sg/ceca/<wbr>ceca_india_infokit.pdf

There is a section on "Movement of Natural Persons" in page 10 and 11 of the CECA. The personnel probably came into Singapore under the category of "Intra Corporate Transferees".

If you read the document, you will find the key players from Singapore' side to be:

* George Yeo (then Foreign Minister)
* Heng Swee Keat (then Perm Sec of Ministry of Trade and Industry, now Minister for Education)

The previous and current Prime Ministers were also involved quite actively.

I am still trying to figure out why the Indian companies find it profitable to send large numbers of IT and finance professionals to work in Singapore, instead of working in India, where the wages are much lower. The only explanation is that they have to work in Singapore to do the outsourcing contracts, especially in IT services, that are given out by our large government agencies and business organizations.

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