It was perceived that Singapore is over-dependent on foreign workers and an attempt was made to reduce dependency on this work force. This was done through the introduction of graduated increases in the Foreign Worker Levy (FWL) — effectively a tax on the use of foreign labour — in the hope that it would “encourage” businesses to turn to more labour-efficient alternatives through enhanced productivity initiatives. Full story
OPINION: Grow the productivity carrot, ditch the stick — David Sandison
The Malaysian Insider, 15 Feb 2011
FEB 15 — One of the principal thrusts of last year’s Budget was aimed at increasing the productivity of Singapore businesses. And in this respect, a two-pronged approach was taken.
It was perceived that Singapore is over-dependent on foreign workers and an attempt was made to reduce dependency on this work force. This was done through the introduction of graduated increases in the Foreign Worker Levy (FWL) — effectively a tax on the use of foreign labour — in the hope that it would “encourage” businesses to turn to more labour-efficient alternatives through enhanced productivity initiatives. Full story
It was perceived that Singapore is over-dependent on foreign workers and an attempt was made to reduce dependency on this work force. This was done through the introduction of graduated increases in the Foreign Worker Levy (FWL) — effectively a tax on the use of foreign labour — in the hope that it would “encourage” businesses to turn to more labour-efficient alternatives through enhanced productivity initiatives. Full story
