30 Apr '12, 8am

Supply of cheap foreign labour drying up as wages back home are much better than before

Supply of cheap foreign labour drying up as wages back home are much better than before

The labour crunch is especially acute in the construction sector. Many foreign workers are giving these lowly paid jobs a miss, citing better pay now in their own countries. -- ST PHOTO: SAMUEL HE By Yunita Ong & Lo Yee Firms in Singapore which rely heavily on unskilled labour at rock-bottom pay rates say they are being adversely affected on two fronts. First, the Government is making it harder and more costly for firms to hire cheap unskilled foreign labour. The double whammy is that even when they try to hire foreign workers, many of them are giving these lowly paid jobs a miss. Related Links Monthly minimum wages of developing countries Background story Paying more Some firms have to pay as much as 30 per cent more to hire foreign workers on the Work Permit pass, compared to two years ago. Last year, there were 702,000 Work Permit pass holders here, up from 670,000 in 2...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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