Read more at https://www.channelnewsasia.com/news/singapore/tighter-foreign-worker-quotas-services-sector-zaqy-mohamad--11293830
(Updated: )
Ricky Lim
“This is why we chose to reduce the DRC as opposed to simply raising levies. We did not want a situation where firms continue using existing operating models and simply pay higher levy costs.”
With a lower DRC, he explained that firms will have to either hire more locals or transform into leaner businesses.
Mr Zaqy also noted that there are many Singaporeans working in the services sector.
“We should avoid reinforcing the view that these are jobs that only foreigners who want to take up. I think there are good jobs for our Singaporean workers.”
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This will be a real good measure to hire more Singaporean workers with good jobs - and see real reduction in foreigners - as reducing DRC is a hard policy of real reduction in foreigners.
With a lower DRC, he explained that firms will have to either hire more locals or transform into leaner businesses.
Mr Zaqy also noted that there are many Singaporeans working in the services sector.
“We should avoid reinforcing the view that these are jobs that only foreigners who want to take up. I think there are good jobs for our Singaporean workers.”
--
This will be a real good measure to hire more Singaporean workers with good jobs - and see real reduction in foreigners - as reducing DRC is a hard policy of real reduction in foreigners.
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