The private security industry can be considered to be one of the fastest growing industries in Singapore and is expected to continue its growth. But as the industry grows, growth in the wallets of security guards are not kept in pace. Security guards work mostly long hours, about 12 hours a shift, earning...
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Donaldson Tan suggests a recession insurance for non-financial firms. Firms are not going to stop retrenching workers whom they deem as excess manpower regardless of wage subsidy schemes.
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