As Singapore nears the end of the Circuit Breaker measures, the impact that the virus has both economically and socially has been highly apparent. This does not only affect our well-being and way of life, but also business and economic confidence, as well as the ability of the Singapore government to see this through with the least impact on Singapore as an economic powerhouse.
As Immigration Consultants, we face increased concerns from existing foreign talent in Singapore (Professionals holding on to Employment Passes and S-Pass only) with regards to their job stability and likelihood of them continuing to contribute their expertise to Singapore.
This comes amidst recent reports on how organizations are trying to hold on to their foreign workforce despite cost pressures from the circuit breaker. In lieu of preserving jobs for locals and PRs, HR experts weigh in on how foreign talent could be the first to go, when push comes to shove.
So, Are Foreign Talents here to stay in Singapore post Circuit Breaker and Covid-19?