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Employment in Singapore, including the development and planning of Singapore workforce to achieve "globally competitive workforce in a sustainable manner," is managed under the jurisdiction of Ministry of Manpower. Other aspects of employment related functions as International Talent Promotion, Labour Relations, Management of Foreign Manpower ...
The restoration process of Singapore's economy and employment conditions was facilitated by the cooperation between the two. SGLU was then renamed as the Singapore Federation of Trade Union (SFTU) in 1946. On 13 June 1951, the Singapore Trade Union Congress (STUC) was established to replace the SFTU.
External numerical flexibility is the adjustment of the labour intake, or the number of workers from the external market. This can be achieved by employing workers on temporary work or fixed-term contracts or through relaxed hiring and firing regulations or in other words relaxation of employment protection legislation, where employers can hire and fire permanent employees according to the ...
Some economists argue that the current tight labor market and lingering resentment from the pandemic have given workers the power and motivation to wrest back control of their professional lives ...
A slew of companies — 37.3 percent — have lowered their hiring requirements for temporary workers. Why a tight labor market could make it easier for you to get a job Skip to main content
With an already-tight labor market, supply wouldn't be able to jump in response. Likewise, shrinking the labor force by deporting millions of workers could cause supply shortages, according to ...
The National Trades Union Congress (NTUC), also known as the Singapore National Trades Union Congress (SNTUC) internationally, is the sole national trade union centre in Singapore. NTUC leads the labour movement of Singapore , comprising 59 affiliated trade unions, 5 affiliated trade associations, 6 social enterprises, 6 related organisations ...
High market tightness indicates relatively low liquidity and high transaction costs, whereas low market tightness indicates high liquidity and low transaction costs. [2] For example, during the dotcom bubble , information technology companies were very difficult and expensive to buy a part of, through stock, loan, or other methods, due to the ...