Tuesday, June 24, 2008

Jasmine Loy - S'pore employers concerned about talent leaving to work abroad

Singapore employers are concerned about their talent leaving to work abroad, said a Borderless Workforce Survey on the outward migration of talent. According to Manpower Singapore, which conducted the poll of 563 people, 22 percent of those surveyed were concerned about the move's negative impact on the labour market. Those particularly concerned about this talent outflow trend were from the finance, insurance and real estate, manufacturing and transportation sectors. Employers from the education and public administration sectors were less concerned about the trend, the survey said. The survey added that employers see China, India and Hong Kong as the biggest competitors for talent.


Personal views ;

Nowadays, more and more people thinks that working abroad might be better rather than staying in Singapore. As they think leaving to work abroad might benefit them, create more opportunities for them, enable them to be exposed to different kind of working environment and might also have a higher pay. Thus resulting in our country to be lack of talent and hence, the government is now thinking of ways to attract foreign talent to Singapore. According to the article, “22 percent of those surveyed were concerned about the move’s negative impact on the labour market.”
Well, I think this is rather quite common for them to have such concern about the negative impact which might have on the labour market. As this concerned the prosperity of the country, as well as, us. The survey added that employers see China, India and Hong Kong as the biggest competitors for talent. Perhaps we can try to approach talent from those countries if we are still lacking of talent helping for the country. It might benefit all too.

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