150,000 ‘foreign talents’ to take up PMET jobs.
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May 12th, 2011 |
Author: Editorial
Less than a month had pass since Prime Minister Lee Hsien Loong promised (before GE 2011) to ’slow-down’ the intake of foreigners, Singapore is seeking to hire (from overseas) at least 150,000 ‘foreign talents’ to take up PMET jobs.According to a report in the IndiaTimes, approximately 300,000 PMET jobs are up for grabs this year and 20% will be recruited from India, 30% from other parts of the world and 50% from within Singapore.
Jayanthi Y, chairman of hiring firm AdAstra Consultants , who is in-charge of talent acquisition for Apac, said, “Singapore today offers a never-before opportunity for Indian talent. Its proximity is an attractive element, while salary is the biggest attraction . Professionals receive 4 to 5 times what they are paid in India.”
Jobs are available particularly in banking, hospitality, technology, manufacturing, oil & gas, healthcare, mining and textiles Singapore is the regional headquarter for many American and European banks, financial institutions, manufacturing giants, oil & gas companies, large IT corporations , mining firms, healthcare and hospitality brands.
From the 50% expected to be hired within Singapore, it will be interesting to note how many will be taken up by PRs and existing Employment Pass holders, and the percentage of citizens recruited.
.Pamela