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Foreign Talent : Com Skills

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Created on January 17, 2024

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Transcript

The Impact Foreign Talents has had on Singapore

Ello!

Foreign Talents

start

By: Ashton,Kian,Frans,Colin,Jun Wei,Duo Giap

Index

1.

5.

Defining Foreign Talents

Governement's actions

2.

6.

Foreign Talent Policies

What Singaporeans can do

3.

7.

Pros and Cons

Summary

4.

Problems

Defining Foreign Talents

01

Foreign Talents

Foreign talents are individuals with special expertise and qualifications that are valuable in Singapore. Singapore Often implements special visa or work permit schemes to attract and retain foreign talents. They also often take higher income jobs.

Don't confuse Foreign Talents with Foreign Workers

02

Foreign Workers

Foreign workers generally refer to individuals who migrate to a country for employment purposes. They may not necessarily possess specialized skills or qualifications that set them apart. They are typically employed to fill gaps in the labor market and usually work low-income jobs.

Why do we have Foreign Talent Policy?

To attract foreign talents to work in Singapore

A foreign talent policy refers to a set of government measures and strategies aimed at attracting and retaining skilled individuals from other countries to contribute to the economic, social, and cultural development of Singapore. Foreign talent policies can take various forms, including work visa programs, permanent residency schemes, and initiatives to attract entrepreneurs and investors.

Why Foreign Talents?

01

Foreign talents bring expertise that may be in short supply domestically. These skills can contribute to the growth of industries.

01. Economic Growth

02

Foreign talents contribute to the transfer of knowledge and skills to the local workforce. Through mentorship, they help train and upskill local workers.

02. Knowledge Transfer

03

Having a diverse workforce can enrich a country's cultural fabric. It brings different perspectives, and ideas, fostering a more inclusive society.

03. Cultural Diversity

04

Foreign talents can contribute to research and development. This can lead to breakthroughs that enhance Singapore's reputation in global research networks.

04. Scientific Advancements

Pros

Why we as Foreign Talents come to work in Singapore

Economic Stability

Multicutural Environment

Safety & Cleanliness

Singapore is one of te safest and cleanest country. The city-state places a strong emphasis on maintaining a safe and well-maintained environment.

Singapore has a stable and well-developed economy. its strategic geographical location also contributes to it's resilience againts economic downturns.

Various cultural backgrounds provides exposure to different work styles and problem-solving methods, enhancing your adaptability.

Cons

Why we as Foreign Talents might struggle working in singapore

Intense Work Culture

Strict Immigration Policies

Limited Land Space

Foreign talents may face challenges in finding affordable and suitable accommodation. Understanding the housing market and planning accordingly is essential.

The expectation for long working hours and a strong emphasis on productivity can be challenging for individuals seeking a more relaxed work environment.

Singapore's immigration policies are designed to ensure a balance between attracting foreign talent and protecting job opportunities for its citizens.

Possible problems

Local Job Competition

Citizens would complain that the flux of foreign talents results to an increased competition for employment between Singaporeans and Foreign workers.

Over-reliance on foreign Labour

Higher Cost of Living

Critics would state that relying too much on foreign workers to work in Singapore's work force would hinder the development of a strong local workforce by Singaporeans which can cause issues such as discouraging investments in skills development and education for Singaporeans who wanted to contribute to society.

With more foreigners entering and working in Singapore, the Government would struggle providing necessities to both Singaporeans and foreigners meeting their needs. For example, the pricing of owning or renting a HDB flat in Singapore will increase as the demand of the housing needed to house foreign workers and Singaporeans keep rising. With further issues such as the land space scarcity in Singapore limiting the number of HBD flats need to be built to put a roof over everyone's head

Cultural and Social Intergration

As more foreign workers work in singapore, cultural differences between foreigners and singaporeans will vary which causes misunderstanding bbetween them that carries on to tensions between foreigners and Singaporeans thus causing both parties to feel wary of each other

Governments actions

Improve skill development.

The Government can encourage investors to invest in local education and training programs to help enhance the workforce by equipping them with the relevant skills needed enhance working performance to contribute well to society.

Equalize access and opportunity.

Improving the Job opportunities for foreigners and Singaporeans by equalizing employment can allow both Singaporeans and foreign workers to have fair treatment in employment. This can be done by promoting fair employment practices to companies in Singapore to be less biased on Singaporeans and against foreigner biased on their race, culture and their citizenship status. This ensures that both local and foreign talent have equal access to job opportunities. Therefore, better workplace for Singaporeans and foreign Workers a like.

Enhance communication and engagement for workers.

Fostering open communication allows Singaporeans to address concerns and misconceptions on things like cultural differences for instance and how it benefits Singapore in terms of culture and economics. This builds trust between the Government with its citizens and other various stakeholders as their questions regarding the foreign talent policy will be acknowledged and answers accordingly getting their answers they requested. Hence a more acceptabl society for Singaporeans and Foreign Workers.

How can Singaporeans adapt with this new policy? (with one paragraph)

To adapt to the foreign talent policy in Singapore, Singaporeans can proactively engage in understanding the rationale behind the policy and its potential strengths and weaknesses. Staying updated about the changing job market and global economic landscape that can help individuals recognize the need for a diverse workforce. Embracing a mindset of collaboration and cultural exchange which can facilitate positive interactions between foreign colleagues. Seeking opportunities for skill development and staying competitive in the evolving job market will empowering citizens to thrive alongside foreign workers. Additionally, participating in open dialogues with the government, community leaders, and businesses can contribute to shaping policies that address concerns and ensure a fair and inclusive working environment for both locals and foreign workers. Overall, fostering a mindset of adaptability, open-mindedness, and collaboration will enable Singaporean citizens to navigate and appreciate the positive aspects of the foreign talent policy.

SUMMARY

In a nutshell, the foreign talent policy brings reasons to support and also reasons to oppose against it. Benefits like tackling issues such as filling in spots in the Jobs that often-seldomly grabs interests by Singaporeans and allows foreigners to provide a multi-cultural society and enhancing Singapore's workforce by getting skills from workers with one-of-a-kind experience from other countries that can positively affect Singapore's economy with the best example being Singapore's infrastructure on housing, tourist attractions and their highly efficient public transportation systems influenced by other countries. However, it brings challenges with consequences that requires solutions such as the issue of successfully integrating Singaporeans with Foreign Workers together. With economic and cultural challenges such as increase cost of living due to competition over resources mostly very visible on housing and tensions between different groups of people in Singapore due to misunderstanding between one's culture with another which both issues need to be isolated from the Singaporeans and Foreign Workers to ensure a safe environment between Singaporeans and Foreign Workers. With great execution of plans to ensure the best working condition for both Singaporeans and foreign Workers that puts the benefits of the Foreign Talent Policy into reality