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

In: Proceedings of the International Conference on Managing the Asian Century

Author

Listed:
  • Crystal Tang Jieyi

    (James Cook University)

  • Koong Hean Foo

    (James Cook University)

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.

Suggested Citation

  • Crystal Tang Jieyi & Koong Hean Foo, 2013. "To Hire Foreign Talents or Groom Locals? The Singaporean Workforce Dilemma," Springer Books, in: Purnendu Mandal (ed.), Proceedings of the International Conference on Managing the Asian Century, edition 127, chapter 68, pages 609-618, Springer.
  • Handle: RePEc:spr:sprchp:978-981-4560-61-0_68
    DOI: 10.1007/978-981-4560-61-0_68
    as

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