Tripartite system saved jobs

13 Nov 2009

Singapore’s “tripartite” system of industrial relations helped save jobs and businesses during the recession, the three partners say. The Ministry of Manpower, the Singapore National Employers Federation and the National Trades Union Congress, representing Government, employers and workers respectively, say their combined advice helped businesses to rein in costs and keep jobs alive.
“Singapore's strong tripartite partnership has enabled it to respond swiftly and effectively to the downturn,” they said in a joint statement this week, exactly one year after releasing the “Tripartite Guidelines on Managing Excess Manpower”.
Now, the partners are looking to make the most of the economic recovery. They have released new guidelines, to help firms best manage manpower issues in the new, more competitive, environment.
“Both employers and employees need to work together to ensure that this recovery is sustainable and that Singapore emerges well prepared to deal with the challenges and opportunities ahead,” the three bodies said in a joint statement. “This will further strengthen the confidence of businesses and investors, raise national competitiveness and capability to the next level, and ensure that Singapore continues to achieve sustainable economic growth and social progress.”

20 Aug | Frazer Jones Global HR Search and Recruitment | Singapore
Partner with the business to advise and strategies on HR policies, coach the senior leadership team and deliver best practice across the region.
19 Aug | Frazer Jones Global HR Search & Recruitment | Singapore
The HR Associate will be required to support the HR Manager to ensure the smooth running of HR Operations in the office.
22 Aug | DN & Associates Executive Search | Singapore
Innovation in engagement, motivation and retention of talent
Prof Veena Jadav and Carolyn Seah of S.P. Jain School of Business Management share the findings of the school's annual HR Conclave survey about talent management practices companies are adopting in different geographies
GSK: Talent management – a serious business imperative
Talent Management for Sustainability: Default or Design?
Scouting for High Potentials
Performance Leadership Pte Ltd |
Lunch, Learn and Bond with your teams, all within 1 hour! Choose from a variety of light-hearted, interesting or thought-provoking topics that appeal ...
Performance Recognition Pte Ltd |
A monthly business incubator where leaders grow their skills, exchange ideas and share best practices.
Organisational Development Concepts |
Quality workshops packaged for learning effectiveness and cost efficiency