[Bigiron]

The problem is still depend on individuals how their financial status are and willing to downgrade.

lets say a high pay manager monthly enjoy 8, 9 even 10k wage per month. Suddenly get retrench. He maybe still own loans or debts worst still pay for his/her property and own a car worst maybe a luxury car.

SO now jobless will he/she willing to give up his/her luxury car ? Downgrade his/her lifestyle accept a job pay you 2 k or max 3 k which you start all over again is not for sure you will be manager back " Unless your experience is really there and lucky " but majority will not go back to their former post , and wages for sure.

 Qns
1.  who is going to hire them especially if they are not SPR but sinkies?
2. Will employer wait for them to complete their course?
3. With the news acquired knowledge but they lack of experience plus got some age!
4. Labour market still very dependent on demand and supply. If didn't close up the gap of overseas supply for labour it is questionable that local can get good job .




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