Globalisation’s impact on Singapore Essay

Employment – Exploring how Globalization has led to an influx of Immigrant workers and its impact on Singapore Globalization describes the Increased flow of goods, services, capital, labor, technology, ideas and information across national boundaries. Local, national, regional and global elements are connected, resulting in a cross-influencing and an Inter-dependent world. I will be focusing on the aspect of the flow of labor, and exploring the impact it has made on Singapore. In light of globalization, Singapore has received an Influx of Immigrant workers, but his has compromised the Jobs of many Singapore.

It has not only affected the jobs of workers in the hotel and restaurant business, but even those in the business sector, who are highly educated with the highest qualifications and possess high degrees such as the masters degree. The prevalence of globalization has caused employers to push wages down due to the influx of foreign workers competing for Jobs with the locals. As wages offered by employers follow the supply and demand dynamics, the more choices an employer has the less he will offer to a willing worker. The employee that Is willing to accept a lower salary will secure the Job which results in a wage depression.

The wages of workers employed in the hotel and restaurant business decreased from $1 ,585 in the first quarter of 2010 to SSL ,451 In the second quarter. This Is Just one of the sectors which have experienced a decrease in wages. Other sectors include manufacturing, construction and services. The government also warmly welcomes migrant workers. The migrant workers are vital In ensuring Singapore continued progress and development. The government has repeatedly assured the population that allowing n more foreigners can only work in Singapore favor as more jobs will be created for the locals. Without the inflow of foreign talents, our economy will eventually lose its vibrancy which can result to fewer opportunities to the citizen”, PM Lee said. However, this would only work in the case of routine, low-skilled jobs such as that in the area of construction. Many Singapore are highly educated and do not want to apply for such jobs as they feel that their education would thus be wasted and hence there is a need for foreign workers in order to fill unmet demand in these certain sectors. In the case of Meets (Professionals, Managers, Executives and Technicians), the inflow of foreign talents will instead negatively affect citizens.

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From 2009-2012, the proportion of Meets among those who were made redundant has increased steadily. A Ministry of Manpower (MOM) annual report showed that 54 per cent of the 11,010 workers who were made redundant in 2011 were Meets. These are people who hold high degrees and had expected to have a fulfilling career with a high pay. However, despite the sheer number of experienced professionals in our country, the overspent still feels that there is a need to attract foreign talents to our country to fill up high positions, which is very ironic.

Meets are starting to look for work Meets to switch to another field to stay economically relevant. However, this would requires even more training that would require more time, and it is simply easier to seek for Jobs overseas. Also, it would mean that their years of training for a degree would go to waste. A MET who had been fruitlessly searching for a Job in Singapore for about 2 years stated that most employers in Job interviews were not willing to give re a chance despite the fact that she was known to have adjusted well to a new industry and pick up new technology.

Rather, they would prefer to employ someone else who was already in that industry. This allows them to save money on training someone who was entirely new to the field, and would also allow them to hire younger employees who are quicker to pick up new skills and have more years of work ahead of them. Therefore, the advice of the government for retrenched Meets to ‘switch fields’ is not relevant as even if the Meets are willing to do so, employers re still not willing to hire them. Perhaps the skills of our own people are so obsolete that companies have to always look for foreigners to fill the positions.

Even so, the government should prepare its citizens for such cases instead of simply retrenching those who no longer fill the Job requirements and replacing them with foreigners. Or perhaps the Meets are so overpriced that employers hesitate to hire them as they can find cheaper better alternatives. However, the government should still strive to employ its own citizens as these citizens have worked hard in order to ensure that hey would have a good quality of life and they should deserve a higher pay.

If the employers are unable to meet the demands of the employees, perhaps some incentives such as longer holiday leave can be implemented in order to make up for the slightly lower pay. Globalization has led to a greater focus on attracting immigrant workers, rather than focusing on the need for employment of Singapore. Undeniably, globalization would result in the increase of immigrant workers of Singapore. However, too much focus has been put into attracting immigrant workers such that the needs of Singapore have been neglected.

Highly educated professionals who are waiting to be employed are pushed aside to make way for foreigners. This should not be the case. When welcoming immigrant workers, the government should focus on hiring those who work in sectors where there are low levels of employment and which most Singapore are not suited for or interested in. Firstly are the foreigners who can help out in the aspect of social needs and healthcare, as they will be in great demand when one in five Singapore would e older than 65 by 2030. Secondly are the foreigners to do routine and low-skilled jobs.

Even if the wages of these Jobs are increased, Singapore may still be unwilling to engage in such Jobs as they may prefer more rewarding Jobs that require higher skill. Thirdly are the foreign talents who have cutting-edge skills and abilities. They will be able to kick-start programs for Singapore which will help to increase the employment rate. These foreign talents can also help to train Singapore in areas that require a very specific skill. Ultimately, despite the need for globalization, he government still has to recognize the needs of its citizens.

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