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HR & EDUCATION | Contributed Content, Singapore
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Joshua Yim

Why Singapore's Fair Consideration Framework is a win-win for job candidates and employers

BY JOSHUA YIM

The new Fair Consideration Framework has evolved based on feedback from the ‘Our SG Conversation’ national dialogue sessions with the Singapore population comprising working adults and the PME group in question. 

Many Singaporeans felt that they had not been considered fairly for some of these PME jobs and were losing out to competition from foreign talent.

These new employment measures have been devised to assure Singaporeans that their voices have been heard, and something is being done to ensure that they are given fair consideration to employment opportunities.

As an employer, I feel that the posting of advertisements in the new national jobs bank is not too big a hassle to comply with.

While it may indeed increase the investment in manpower costs as additional administrative work is required to go through this new recruitment mechanism, it also gives employers the opportunity to find some very good candidates through this targeted portal.

Overall, I think this is a win for both the candidates and employers. 

On the flipside, if an employer is adamant and biased towards hiring a certain foreign nationality, then there is no guarantee that the system will work 100 percent. The new measures are, after all, barriers to deter the employers but not foolproof.

If the employer has a fixed intention of not hiring a Singaporean, it may just go through the motions of advertising in the job bank for the stipulated timeframe, and then hire a foreigner anyway.

For now, I personally feel that the 14-day notice is a very reasonable timeframe. The overall system will require further monitoring to determine if it achieves its objective of helping Singaporean PMEs find job opportunities while at the same time assisting employers to find good talents within the Singapore pool.

The views expressed in this column are the author's own and do not necessarily reflect this publication's view, and this article is not edited by Singapore Business Review. The author was not remunerated for this article.

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Joshua Yim

Joshua Yim

Joshua Yim is the founder and CEO of Achieve Group, an HR consultancy providing human capital solutions for national conglomerates and MNCs in the Asia Pacific region since 1990. The veteran HR professional has received several business awards over his career, including the Spirit of Enterprise Awards 2011, the Outstanding Entrepreneur Award at the Asia Pacific Entrepreneurship Award 2010 (APEA), and the Entrepreneur of The Year Award 2009.

His company, headquartered in Singapore with an office in Malaysia, has also garnered a number of prestigious awards including the 2011 Singapore Enterprise 50 Award, ASEAN Business Award in 2011 and 2010, and Singapore Prestige Brand Award 2010.

A prominent figure in Singapore’s HR community, Joshua is often invited as a speaker for HR and business events. He has appeared in interviews on national TV, radio, magazines and newspapers, and also actively contributes his industry insights to the various media both local and internationally.

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