Budget 2023 debate: Patrick Tay on 3-fold approach to support workers in tough times
To support workers as they navigate economic volatility and uncertainty, MP Patrick Tay proposed a three-fold approach with the "three Fs". The first is financial support for displaced workers. Speaking in Parliament on Thursday (Feb 23), he urged the Government to introduce a permanent scheme to provide short-term unemployment support for all workers who are involuntarily displaced, including Professionals, Managers and Executives (PMEs). Beneficiaries could be required to prove that they are actively trying to re-enter the job market. This would provide targeted support, coupled with upskilling and job-matching which the National Trades Union Congress (NTUC) is well-placed to support and help workers re-enter employment, he said. Secondly, ensure facilitated employment and training to upgrade workers and help them seize opportunities in the new economy. There could be customised career counselling or training that would equip workers to take on jobs in growth areas or redesigned job roles. Mr Tay urged the Government to consider incentivising more employers to send their employees for training by providing higher funding support. The third "F" in his approach is fair access to PME roles. Mr Tay urged the Government and tripartite partners to generate more awareness on the importance of improving HR standards and to further collaborate to improve existing policies and practices. For the small proportion of egregious companies with discriminatory practices, there should be a penalty framework. Mr Tay said the strong tripartite bond between the Government, employers and the labour movement has been "our secret weapon for many years" and will continue to be as Singapore transitions to a new and prosperous future.
To support workers as they navigate economic volatility and uncertainty, MP Patrick Tay proposed a three-fold approach with the "three Fs". The first is financial support for displaced workers. Speaking in Parliament on Thursday (Feb 23), he urged the Government to introduce a permanent scheme to provide short-term unemployment support for all workers who are involuntarily displaced, including Professionals, Managers and Executives (PMEs). Beneficiaries could be required to prove that they are actively trying to re-enter the job market. This would provide targeted support, coupled with upskilling and job-matching which the National Trades Union Congress (NTUC) is well-placed to support and help workers re-enter employment, he said. Secondly, ensure facilitated employment and training to upgrade workers and help them seize opportunities in the new economy. There could be customised career counselling or training that would equip workers to take on jobs in growth areas or redesigned job roles. Mr Tay urged the Government to consider incentivising more employers to send their employees for training by providing higher funding support. The third "F" in his approach is fair access to PME roles. Mr Tay urged the Government and tripartite partners to generate more awareness on the importance of improving HR standards and to further collaborate to improve existing policies and practices. For the small proportion of egregious companies with discriminatory practices, there should be a penalty framework. Mr Tay said the strong tripartite bond between the Government, employers and the labour movement has been "our secret weapon for many years" and will continue to be as Singapore transitions to a new and prosperous future.