I received the above queries from one of my readers and it coincides with an article I read in Yahoo Singapore recently about underemployment rate of local graduates. To me, this is a timely topic for me to dwell on because in a few more years, I will hit the forties bracket. Sooner or later, I may face the predicament or prospect of being retrenched from my job, so I think it is worthwhile to reflect and examine this issue now before it really impact me big time later on in my life.
To put things into perspective, the Singapore employment landscape has changed over the years. In the 80s and 90s, if you had tertiary qualifications, you would unlikely be fearful of the word “downsize” in your company because back then, there were not so many graduates with 10 – 15 years of working experiences in the job market. But times had changed. Nowadays, the market is glutted with graduates from local and overseas, private and public universities.
- A comprehensive research database, covering stock fundamentals for all SGX-listed companies
- Customised search, giving investors flexibility to filter stocks across 20 screening criteria
- New proprietary tools, including S&P Capital IQ Alpha Factor Composites, which ranks stocks based on eight investment style classifications
- Ability to chart a company’s financials for the last five years
- Downloading and printing of company snapshots for easy analysing
It can be accessed through SGX’s corporate website at www.sgx.com/stockfacts. The url for the press release is http://www.sgx.com/wps/wcm/connect/sgx_en/home/higlights/news_releases/sgx-launches-stock-and-company-information-portal-stockfacts-for-investors.
He recounted that when he was young, his family was poor. On his seventh birthday, he and his mother went to a cake shop but had no money to buy a birthday cake. He was disappointed and refused to leave the shop. Then, a middle-age man who was standing behind them, saw the awkward situation and bought a birthday cake. He then offered the cake to him and wished him a happy birthday.
The mother was so grateful to the man and requested him to note down his address so that one day she could return the money to him.
Indeed, my blog has not achieved the kind of success enjoyed by Mr Tan, but I like to view this as a project still very much “work-in-progress”.
Have a dedicated email account for the job hunt, this way you can channel all your information, interview details, contacts, job portal alerts here.
On a more psychological sense, it can help to channel your energy and motivation the moment you open this email account, tell yourself to focus on the job search, not distracted by emails from Facebook, Twitter and other social media alerts.
Of course, please have a professional email address, enough said.
Open an Excel Spreadsheet.The
On 03 Sep 2014, the government announced four enhancements to the HDB Lease Buyback Scheme (LBS) as follows:1) The scheme will be extended to 4-room HDB flats and to sweeten the deal, there will be a $10,000 cash bonus per household when the elderly participate in the scheme.
2) The income ceiling will be raised to $10,000 from $3,000 per month to allow elderly who are still working or still living with their family members to qualify for this scheme.
3) The requirements to top up their CPF Retirement Accounts with the LBS proceeds will be relaxed as reflected in Table 1 below.
Table 1: Change in CPF Top-Up Requirement* for Households with Two or More Owners
(0.5 x Age-Adjusted MS)
CPF Draw-Down Age
(now 63) to 69
70 to 79
80 or older
By and large, the LBS is a good scheme that allows the elderly the additional option to monetize their property asset to fund their retirement needs.