ID :
181631
Thu, 05/12/2011 - 06:32
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https://oananews.org//node/181631
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TRIPARTITE COOPERATION PLAYS VITAL ROLE TO OVERCOME CRISIS, SAYS S'PRE MINISTER
SINGAPORE, May 12 (Bernama) -- Strong tripartite cooperation among the government, employers and unions plays a vital role in addressing the increasingly volatile and uncertain global economic landscape.
Singapore's Minister for Manpower, Gan Kim Yong, said businesses, unions, workers and the government needed to work together to respond to these challenges.
"This relationship of mutual trust and respect was developed and
strengthened over the decades, and one that we will continue to nurture and deepen," he said at the 2nd International Trade Union Confederation For Asia and the Pacific regional conference here Wednesday.
He said the conference's theme, "Unity -- The Way Forward", was relevant to today's challenges.
Citing Singapore's experience, Gan said, when the 2008-2009 global financial crisis first hit the island state, businesses were concerned about their viability and whether they would need to resort to retrenchments to survive.
He said the workers were concerned about losing their livelihoods and their ability to support their families.
"On our part, the government was concerned about the possibility and prospect of large-scale retrenchments, high unemployment and hardship for our workers," he said.
In the face of these concerns, he said, the tripartite partners put together a slew of measures to help businesses cut costs to save jobs, instead of cutting jobs to save costs.
"To be effective in implementing these measures, the support, cooperation and contributions of the three parties were crucial.
"The government provided highly-subsidised training support to encourage companies to retain their employees and send them for training.
"The employers retained workers and management took the lead in making sacrifices to cut cost. Unions and workers accepted painful adjustments so that retrenchments could be avoided or minimised," he said.
Gan said without the unions’ support in rallying employees, it would not have been possible to implement these difficult measures.
"As a result of concerted efforts by the tripartite partners, Singapore survived the crisis relatively unscathed.
SINGAPORE, May 12 (Bernama) -- Strong tripartite cooperation among the government, employers and unions plays a vital role in addressing the increasingly volatile and uncertain global economic landscape.
Singapore's Minister for Manpower, Gan Kim Yong, said businesses, unions, workers and the government needed to work together to respond to these challenges.
"This relationship of mutual trust and respect was developed and
strengthened over the decades, and one that we will continue to nurture and deepen," he said at the 2nd International Trade Union Confederation For Asia and the Pacific regional conference here Wednesday.
He said the conference's theme, "Unity -- The Way Forward", was relevant to today's challenges.
Citing Singapore's experience, Gan said, when the 2008-2009 global financial crisis first hit the island state, businesses were concerned about their viability and whether they would need to resort to retrenchments to survive.
He said the workers were concerned about losing their livelihoods and their ability to support their families.
"On our part, the government was concerned about the possibility and prospect of large-scale retrenchments, high unemployment and hardship for our workers," he said.
In the face of these concerns, he said, the tripartite partners put together a slew of measures to help businesses cut costs to save jobs, instead of cutting jobs to save costs.
"To be effective in implementing these measures, the support, cooperation and contributions of the three parties were crucial.
"The government provided highly-subsidised training support to encourage companies to retain their employees and send them for training.
"The employers retained workers and management took the lead in making sacrifices to cut cost. Unions and workers accepted painful adjustments so that retrenchments could be avoided or minimised," he said.
Gan said without the unions’ support in rallying employees, it would not have been possible to implement these difficult measures.
"As a result of concerted efforts by the tripartite partners, Singapore survived the crisis relatively unscathed.
Singapore's Minister for Manpower, Gan Kim Yong, said businesses, unions, workers and the government needed to work together to respond to these challenges.
"This relationship of mutual trust and respect was developed and
strengthened over the decades, and one that we will continue to nurture and deepen," he said at the 2nd International Trade Union Confederation For Asia and the Pacific regional conference here Wednesday.
He said the conference's theme, "Unity -- The Way Forward", was relevant to today's challenges.
Citing Singapore's experience, Gan said, when the 2008-2009 global financial crisis first hit the island state, businesses were concerned about their viability and whether they would need to resort to retrenchments to survive.
He said the workers were concerned about losing their livelihoods and their ability to support their families.
"On our part, the government was concerned about the possibility and prospect of large-scale retrenchments, high unemployment and hardship for our workers," he said.
In the face of these concerns, he said, the tripartite partners put together a slew of measures to help businesses cut costs to save jobs, instead of cutting jobs to save costs.
"To be effective in implementing these measures, the support, cooperation and contributions of the three parties were crucial.
"The government provided highly-subsidised training support to encourage companies to retain their employees and send them for training.
"The employers retained workers and management took the lead in making sacrifices to cut cost. Unions and workers accepted painful adjustments so that retrenchments could be avoided or minimised," he said.
Gan said without the unions’ support in rallying employees, it would not have been possible to implement these difficult measures.
"As a result of concerted efforts by the tripartite partners, Singapore survived the crisis relatively unscathed.
SINGAPORE, May 12 (Bernama) -- Strong tripartite cooperation among the government, employers and unions plays a vital role in addressing the increasingly volatile and uncertain global economic landscape.
Singapore's Minister for Manpower, Gan Kim Yong, said businesses, unions, workers and the government needed to work together to respond to these challenges.
"This relationship of mutual trust and respect was developed and
strengthened over the decades, and one that we will continue to nurture and deepen," he said at the 2nd International Trade Union Confederation For Asia and the Pacific regional conference here Wednesday.
He said the conference's theme, "Unity -- The Way Forward", was relevant to today's challenges.
Citing Singapore's experience, Gan said, when the 2008-2009 global financial crisis first hit the island state, businesses were concerned about their viability and whether they would need to resort to retrenchments to survive.
He said the workers were concerned about losing their livelihoods and their ability to support their families.
"On our part, the government was concerned about the possibility and prospect of large-scale retrenchments, high unemployment and hardship for our workers," he said.
In the face of these concerns, he said, the tripartite partners put together a slew of measures to help businesses cut costs to save jobs, instead of cutting jobs to save costs.
"To be effective in implementing these measures, the support, cooperation and contributions of the three parties were crucial.
"The government provided highly-subsidised training support to encourage companies to retain their employees and send them for training.
"The employers retained workers and management took the lead in making sacrifices to cut cost. Unions and workers accepted painful adjustments so that retrenchments could be avoided or minimised," he said.
Gan said without the unions’ support in rallying employees, it would not have been possible to implement these difficult measures.
"As a result of concerted efforts by the tripartite partners, Singapore survived the crisis relatively unscathed.
