3,230 workers were retrenched in the first quarter of 2019, compared with 2,510 in the last quarter of 2018. That's a big spike. There's also been a spate of high-profile retrenchments that just won't fade from our memory, including the SPH retrenchment exercise in 2018 that saw their headcount reduced by about 10 per cent. Then there was the StarHub retrenchment exercise during the same period which saw about 300 full-time employees losing their jobs. Just a few days ago, Deutsche Bank announced that they're going to undertake a huge retrenchment exercise affecting their offices in Asia, so the Singapore office is holding its breath. Singapore tends to be overwhelmingly pro-business, which translates to weak employee rights. There are actually some rules pertaining to retrenchment as set out by MOM, but how much protection do they really offer? Well, guess what, employers are actually obliged to pay retrenchment benefits to employees who have served the company for at least two years. … [Read more...] about What are the MOM retrenchment benefits in Singapore?
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Unesco lists Iraq's Babylon as World Heritage Site Unesco’s World Heritage Committee voted on Friday to list the sprawling Mesopotamian metropolis of Babylon as a World Heritage Site after three decades of lobbying efforts by Iraq. Iraq had been trying since 1983 to have the site – a massive 10 sq km complex of which just 18 per cent has been excavated thus far – recognised by Unesco. Straddling Iraq’s Euphrates River about 100km south of Baghdad, the city was the centre of the ancient Babylonian empire more than 4,000 years ago. The committee met in Azerbaijan’s capital of Baku to consider Babylon and another 34 sites, including in Brazil and Burkina Faso, for the List. READ MORE HERE Trump: I am not grooming Ivanka for political life US President Donald Trump says he is not grooming his daughter Ivanka for life in public office, following her outsized role at the recent Group of 20 (G-20) summit in Japan. The president said "foreign leaders love … [Read more...] about While You Were Sleeping: 5 stories you might have missed, July 6
Sport Australia fans used to watching David Warner give his side a blistering start in limited-overs cricket may be scratching their heads at the pedestrian rate the left-hander is scoring at in the Cricket World Cup. 10 Jun 2019 11:37AM Bookmark REUTERS: Australia fans used to watching David Warner give his side a blistering start in limited-overs cricket may be scratching their heads at the pedestrian rate the left-hander is scoring at in the Cricket World Cup.Needing to give Australia a flying start in pursuit of India's 352-5 on Sunday, the 32-year-old scored a painfully slow 56 from 84 balls and did not score a run for 14 deliveries at one point.His 66.66 strike rate in the 36-run loss at the Oval was almost 30 points below his career average of 95.47 in the 50-overs format.In Australia's first game in Bristol against Afghanistan, arguably the weakest bowling unit at the tournament, Warner scored an unbeaten 89 to guide his side to an easy seven-wicket win.However, he … [Read more...] about Good bowling, not game plan, is slowing Warner down: Finch
NAIROBI: Kenya's Olympic 800m bronze medallist Margaret Nyairera Wambui can feel her career slipping away from her, with no idea when, or if, she will be able to compete internationally again.The 24-year-old is one of several star female athletes affected by an International Association of Athletics Federations (IAAF) ruling this month that requires women with high levels of testosterone to take medication to suppress it.Seated at a dirt-track stadium at the foot of the Ngong Hills outside Nairobi where she trains, Wambui has just returned from a disappointing sixth-place finish in the 800m at the Doha Diamond League.She was meant to leave for the IAAF World Challenge athletics meeting in Nanjing next week, but now her future is one big question mark."I am very disappointed, I don't feel even like going on with the training because you don't know what you are training for," she said.The new IAAF rules took effect on May 8 after South Africa's two-time Olympic 800m champion Caster … [Read more...] about Kenyan runner Wambui fears testosterone rules will end career
"Are you married? Do you intend to have children soon?" These were the exact questions Jeraldine Phneah faced during an HR phone interview with a leading local startup last year. While the questions were not overtly offensive, it was against the Tripartite Guidelines on Fair Employment Practices. In Singapore, it is illegal to ask questions during a job interview about religion, age, race, political affiliation, and, yes, even plans to have children. Unfortunately, this experience is a regular occurrence for many women. Incidents of gender discrimination have emerged in tech giants Google and Microsoft. Closer to home, a 2016 study revealed that 66 per cent of women in the Singapore workforce experience unfair treatment at work. Jeraldine is no stranger to gender discrimination. As a local blogger who writes about finance and current affairs topics, she's been exposed to critical comments from naysayers and has learned to let them slide. In her full-time technology sales role within a … [Read more...] about This 27-year-old financial blogger saved $100k in 3.5 years