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This is something that is increasingly being practised in the US acording to a recent Yahoo article.
And it involves the co-operation of employers. How does it work?
Let me explain...
If you are a business owner, you may want to give your employees the option of working 4 10-hours workdays a week. And they can have Friday off.
With the time saved on travelling for that 1 day, it could help them save up to 20% of commute cost in a month. This will help ease to the financial impact of rising fuel price.
What do you think? Can it work in Singapore? Just 2 extra work hours everyday and Friday off? Sounds fair and sound to me. Your take?
Let us know.
Jag
I don't mind that...but in my working area, working OT doesn't give OT pay...that really sux...
bosses wun think this way.
cos they are bosses!
wait till i become a boss first then see whether will i think this way...haha
but it's gotta be a long wait...
I think it's a reasonable idea. Work-hours are still the same, so productivity isn't compromised.
That said, this scheme doesn't fits to all kind of jobs (e.g. certain units in army, police) . Still, it's a flexible job plan worth considering.
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"The point is, ladies and gentleman, that greed - for lack of a better word - is good..."
Gordon Gecko, "Wall Street", 1987
That said, this scheme doesn't fits to all kind of jobs (e.g. certain units in army, police) . Still, it's a flexible job plan worth considering.
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"The point is, ladies and gentleman, that greed - for lack of a better word - is good..."
Gordon Gecko, "Wall Street", 1987
well, this would have to go through the appropriate ministry to get approval across the board..
so isit ministry of manpower or ministry of transport or ministry of community development or ministry of health or NEA or ministry of foreign affairs or the treasury or PMO should be taking this up?
Ministry of Sound!!
kekeke
Actually this can be at the discretion of the employers.
At least, this can be something we will consider at Qotion.
If the ministry can support the idea, I'm sure many will take it up. After all, in 2006, some companies have offered flexible working hours to accomodate for the late sleepers who watch the World Cup.
In times of rising oil price (and ERP!!), this can be something to consider. At least, this is something that is happening in the US already.
Jag
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"The point is, ladies and gentleman, that greed - for lack of a better word - is good..."
Gordon Gecko, "Wall Street", 1987
actually i think it depends very much on the kind of industry. If working in aviation industry, working 10hours straight can be very stressful and demanding...imagine those air traffic controllers...although they work for 2 hours and rest for 2 hours, but 10 hours a day can be very demanding for them...
So, ultimately, it's up to individual industries..
Great idea :)
Might not work in Singapore coz they can already squeeze you to work extra hours each day AND still get you to work 5 days a week..or even 6 or 7 days...
Come visit the Den of the Lion Investor for more investing ideas.
http://www.lioninvestor.com
Unfortunately, that's damn true.
==================================
"The point is, ladies and gentleman, that greed - for lack of a better word - is good..."
Gordon Gecko, "Wall Street", 1987
Come visit the Den of the Lion Investor for more investing ideas.
http://www.lioninvestor.com
I totally agree as they want you to work more and extra for the same amount of pay...hiazs... sad man
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Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.
Come visit the Den of the Lion Investor for more investing ideas.
http://www.lioninvestor.com
I totally agree as they want you to work more and extra for the same amount of pay...hiazs... sad man
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Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.
ya lor...
they expect your 101% commitment to the company for the same pay.
I will share with you a method that is much more radical...
THIS IS NOT THE 'DON'T BUY' PETROL FOR ONE DAY, BUT IT WILL SHOW YOU HOW CAR OWNERS CAN GET GASOLINE PRICE DOWN TO US$2.00 PER GALLON BY JUST FORWARDING THIS EMAIL TO 10 PEOPLE !!!
This idea was written out by a retired Coca Cola Executive. It came from one of his engineer buddies who retired from Halliburton, an oil exploration company in U.S. If you are tired of the gasoline price is going up and up, AND it will continue to rise, take time to read this please.Mr Phillip Hollsworth offered his good idea. This makes MUCH MORE SENSE than the 'don't buy gasoline on a certain day' campaign that was going around last year April or May! It's worth your effort to join the campaign!!!! I heard that price of petrol going to hit close to US$ 4.00 a gallon by next summer, and it might go up higher!
YOU want gasoline prices to come down? All we need to do is we must take some intelligent, UNITED ACTION NOW. The oil companies laughed at us on last year 'Don't Buy Petrol For One day Campaign' because they knew we wouldn't continue to 'hurt' ourselves by refusing to buy gasoline. It was more of an inconvenience to us than it was a problem to the oil companies. This time is different, consumers have the power to bring down the price of goods !!!
This is a plan that can really work. Please read on and join us! You're probably thinking that gasoline priced at about $2.00/gallon is normal due to oil price has hit all time high of US$120/barrel!!! The oil companies and the OPEC nations have conditioned us to think that the only way for the gasoline price is up, medias reporting brisk car sales in China and India, power hungry nations building more power plants to grow their economy, the growth of dragon(China) and elephant(India) will gobble up most of the world resources; oil reserve going down and depleting in 50 years time, this is how we are being conditioned(brain washed) NOW we need to act together to show them(oil companies and OPEC) that BUYERS can control the marketplace... not sellers.The only way we are going to see the price of gas coming down to a reasonable level is if we hit oil companies' revenue by not buying their products!
And, we can do it WITHOUT hurting ourselves.How? Since many of us owned and rely on our cars, we can't just stop buying gasoline!!!! But we CAN have an impact on gas price if we all act together to force a price war among the oil companies!!! Here's the idea: For the rest of this year, DON'T buy gasoline from the two biggest companies, EXXON-MOBIL and SHELL, some car owners being brain washed to use a particular brand of petrol in order to keep their car engines in tip top condition which is not true, any brand will work well for your cars, you can reconfirm this if you have a friend who is a petroleum engineer, If not, just fill up your tank with another brand which you never used before to confirm it. When the oil companies that we are boycotting are not selling any gas for a week, they will be inclined to reduce their prices. If they reduce their prices, the other companies will have to follow suit; oil companies work like a cartel !!!!
To have an impact, we need to reach literally millions of Exxon-Mobil and SHELL gas buyers.. In the past, it was an uphill task but now, it's really simple to reach millions even billions of people. Keep reading and I will show you how to do it through the power of internet.I am sending this note to 30 people. If each of us send it to at least ten more (30 x 10 = 300) ... and those 300 send it to at least ten more (300 x10 =3,000)... and so on, by the time the message reaches the sixth group of people, we will have reached over THREE MILLION consumers. If those three million get excited and pass this on to ten friends each, then 30 million people will have been contacted! If it goes one level further, you guessed it.....THREE HUNDRED MILLIONs PEOPLE!!! This 300 millions people just email this to 5 of his/her contacts, we reached 1.5 billions people !!! Are you excited as I am ? all you have to do is send this to 10 people or more if you can, its so simple, isn't it? Just Do it ! OK ???(If you don't understand how we can reach 1500 MILLIONS people and all you have to do is send this to 10 people.How long would all this take? If each of us sends this e-mail out to ten or more people within one day of receipt, all 1500 MILLIONs peopl! e could be contacted within the next 9 days !!!I'll bet you didn't think you and I had so much power, did you! Acting together we can make a difference.If this makes sense to you, please pass this message on. I suggest that we don't buy from EXXON-MOBIL and SHELL UNTIL THEY LOWER THEIR PRICES AND KEEP THEM DOWN. THIS CAN REALLY WORK.
Thank you
Phillip Hollsworth
Come visit the Den of the Lion Investor for more investing ideas.
http://www.lioninvestor.com
And it involves the co-operation of employers. How does it work?
Let me explain...
If you are a business owner, you may want to give your employees the option of working 4 10-hours workdays a week. And they can have Friday off.
With the time saved on travelling for that 1 day, it could help them save up to 20% of commute cost in a month. This will help ease to the financial impact of rising fuel price.
What do you think? Can it work in Singapore? Just 2 extra work hours everyday and Friday off? Sounds fair and sound to me. Your take?
Let us know.
Jag
Dream on at least for singapore... U think bosses care about that? they dun pay for your transport to work or work back home... if they do they might consider it... until then...dream on.
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Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.
So when u feel your commitment is not = the pay you are getting ... then its time to move...
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Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.
yup...aiyah...but for me, i can't leave......hmmmm.....lol
HAHA, you can one... although their approval for you to leave takes donny years... When i submitted my resignation from Navy, they only approve it after 6 months... :S and now with lack of manpower everywhere in the SAF... u got to wait lagi long lor...
My advice, take up something while you are still inside be it a degree, masters or Doctorate. At least when you come out in the future (if you do) you will stand a fighting chance outside...
Cheers Bro...
Take care ... in the meantime...siam and wayang..
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Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.
yup...probably taking a part time degree in finance, but have not decided which aspect of finance to go into...
in the meantime, i am saving for my degree course....
Well there are alot of private schools offering financial degree courses, better to do your homework now and start early. the longer you wait the higher the opportunity cost. You lose out in terms of time, i understand SAF is a rather comfort zone and quite hard to be proactive... but for your future u got to do it. I didn't use my time well now i regret so i advise others do make full use of the time available.
Theres installment plans for the degree programs, generally by the time u finish your degree you should be either completed paying the course fees or almost finishing.
Do bear that in mind.
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Contest theory: More entries = More chances - Concept of Probability.
Time & Tide waits for no Man.