NTUC calls for unemployment support for PMEs beyond current grants
SINGAPORE - The labour movement is calling for monetary support beyond current grants to be given to professionals, managers and executives (PMEs) who have lost their jobs. Speaking to the media on Thursday (Aug 26), Mr Patrick Tay, the assistant secretary-general of the National Trades Union Congress (NTUC), said PMEs are worried about job security, and require greater support in employment and training opportunities. Citing findings from a recent study of 9,000 PMEs between 20 and 60 years old, he added: "We sense a lot of anxieties and fears among PMEs, particularly mature PMEs (above 40 years old), and therefore we hope to see some form of (help) while they are in the midst of involuntary transition into new jobs." Mr Tay, who is co-chair of a task force which comprises NTUC and the Singapore National Employers Federation, said mature PMEs in particular need help as they face heavier financial commitments, often providing for school-going children and caring for elderly parents. They also typically take a longer time to find a new job and might experience a pay cut when they re-enter the labour market or a new industry. Mr Tay said monetary support can be given to them when tra...
