To Hire Foreign Talents or Groom Locals? The Singaporean Workforce Dilemma

Crystal Tang Jieyi (crystal.tang@my.jcu.edu.au) and Koong Hean Foo (koong.foo@jcu.edu.au)
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Crystal Tang Jieyi: James Cook University
Koong Hean Foo: James Cook University

Chapter 68 in Proceedings of the International Conference on Managing the Asian Century, 2013, pp 609-618 from Springer

Abstract: Abstract Many countries depend on profit-oriented corporations to maintain economic growth through employment of their local workforce. This is especially true for Singapore whose only resource is a knowledge-based workforce. In spite of efforts to develop and sustain its indigenous workforce through educational reforms and meritocratic hiring policies, the Singapore government has recognized a need for more skilled workers. This has to come from foreign talents of whom an increase of 40 % is seen since 2007 notwithstanding the growing dissatisfaction of its citizens. Similar sentiments are echoed throughout the world (e.g., in China, Thailand, and Hong Kong) where job security of locals is threatened by immigration policies. Although it appears to be predominantly an economic issue, social and political reasons are implicated as well in governmental policies through the increased reliance on foreign talents in sustaining a competitive workforce. These factors will be evaluated in the paper.

Keywords: Skilled Worker; Immigration Policy; Foreign Worker; Competitive Edge; Localize Citizen (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1007/978-981-4560-61-0_68

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