20-04-2024, 12:43 PM
(20-04-2024, 10:52 AM)forum456 Wrote: 90% of IT jobs in changi business park are CECA.
how can this be not a big issue ?
employers can retrench above 50 yrs old employees and replace them with CECA.
CECA means employers can replace you once you are old and expensive.
how can this be not a big issue ?
Old and expensive replacement phenomenon happens in most countries and companies. Cost factor for P&L.
CECA or any other races foreigners is similar in Singapore. They are in demand by the MNC investors.
The MNC investors will not come to Singapore, if they cannot fulfill theirs human resources planning.
Singaporean cannot find good paying jobs too.
Most of our youngs with good salary job are from MNC.