How can we compare the employment rate in PMET positions of Singaporeans and with that of PRs?
I refer to the article “Financial firms go big on training for local staff” (Straits Times, Oct 11).
It states that “He said more than eight in 10 of the PMET positions in the industry are filled by Singaporeans and PRs.
For instance, 92 per cent of DBS Group’s Singapore workforce are Singaporeans and PRs. The figure has been above 90 per cent over the years.
For the past eight to nine years, local executives have made up about 80 per cent at OCBC Bank.
At United Overseas Bank (UOB), on a group level, 95.9 per cent of employees are local, and 70.9 per cent of all employees are PMETs.
At Citi Singapore, 77 per cent of its full-time staff are local PMETs.”
Why is there no breakdown of all the above statistics into Singaporeans and PRs?
As to “Standard Chartered Bank’s local PMETs and non-Singaporeans are about a 50:50 split. The bank said the ratio has remained fairly stable over the past three years” – why is it at 50 per cent, when the other banks were at 77 to 92 per cent?
Leong Sze Hian
