tag:blogger.com,1999:blog-1852717036526979577.post2861395962215227896..comments2024-03-08T19:26:19.450+08:00Comments on Blogging for Myself: The worst idea in Budget 2013 analysedUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1852717036526979577.post-81093074931071099422013-02-28T09:29:40.256+08:002013-02-28T09:29:40.256+08:00The companies will just recruit a singaporean givi...The companies will just recruit a singaporean giving 60% lower salary than what it will normally pay a singaporean. Then immediately give an increment of 60% making use of this wage credit scheme. No loss to the companies at all. But the singaporean will still have higher total salary for the next 3 years.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1852717036526979577.post-88385042532235813482013-02-27T16:00:13.877+08:002013-02-27T16:00:13.877+08:00PAP has already done its homework. Not much differ...PAP has already done its homework. Not much difference to the average citizen. Companies will not give higher salary increments just becoz govt will subsidise 40%. Companies will still follow their HR strategy in setting salaries and/or be determined by demand & supply, availability of required workers and skillsets.<br /><br />I bet that less than half of the $3.6 billion for WCS will eventually be given out to the companies by 2016.Anonymousnoreply@blogger.com