‘Between waiting three months for $900 cash rebate from the Government versus saving $7,500 immediately by retrenching a worker, which choice does the Government think a struggling employer will make?’ he asked.
He then suggested the scheme will simply benefit profitable companies that have no intention of retrenching workers.
Hougang MP Low Thia Khiang, Workers’ Party
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103) agongkia
woa, so i guess you haven read the latest news right? how JCS DIDN’t manage to help those 500+ getting retrenched from chartered. So what does that tell you about JCS saving job and helping employer when a semi-gov company actually retrench?
“4.5b is just a small percentage compare to that many billions that had already been invested elsewhere.”
woa, so are you warren buffet? you must be a multi-billionaire to be willing to throw away 4,5b in an investment that may not justify it. even the sage himself won’t do something like that. Yes, it may be a small amount compared to other economic giant, and we should use it, but in a way that’s more effective rather then on JCS, just like what so many people have said over here.
we are not asking the gahmen not to help the people, we are asking them to help people in a more effective way. with that, your hypothesis of linking marriage and this trying out of JCS is indeed illogical as the magnitude of the repercussion for JCS failure is way higher then the marriage failure. You don’t invest a huge amt of money in something that you know will have low return and have high risk. can you think of a better and more concrete elaboration? i don’t want to sound mean, but your case with Ah Huay, hell, you can go for artificial-insemination or other method to produce that child that you want. however if JCS is tested for a whim to hope that it works, 4.5b that can be use in a better way is totally wasted.
104)SZ
Hahaha…Be cool brother ….pls dun get so uncomfortable.
For a start ,I had stated and bracketed clearly that I dun mean 4.5b is peanut,foreseeing that some people may misunderstood me or use that only point to attack me.I am a poor man with low status and definitely may never in my life have a chance to see that amount in my posssession.
I had agreed in 92) that when companies need to retrench ,they will have to.
The scheme is not out there to tell business not to retrench.Got it?
Should you have any further queries or want to understand more ,go contact our FM who is in a better position to tell you better.
I am not one of them but is just someone seeing its benefit to the older workers and supported it .
Spending the 4.5b on our people for a good cause is well spent , Its worthwhile.Actually I dun take it as investment.
Pls suggest a better solution to help our elderly and low paying workers than to argue for the purpose of arguing .I know why certain people argue and are not in favour of it but revealing it here may not be appropriate.
Unless you can recommend me someone better than Ah Huay,no point wasting time telling me how bad or unproductive she is ,or talk as if there are many Jacqueline or Cynthia out there waiting to meet me ..I cannot wait leow.
Tell you ,given a chance to be richer by 4.5 b or to loose Ah Huay,I will choose to be with my Ah Huay .She can help us when we are in need and is definately worth more than 4.5b.Dun try to snatch her away pls..