How to financially survive a retrenchment | Money Talks podcast
ฝัง
- เผยแพร่เมื่อ 9 มิ.ย. 2024
- The shock of losing a job without any warning is usually followed by anxiety over the loss of regular income. What are your options if you are retrenched and how do you stretch your savings while waiting for the next job?
Sim Yong Han, senior financial consultant of Trust Advisors Group at SG Alliance, provides some practical tips.
0:00 Intro
0:33 Overview of Budget 2024 announcements
5:16 What to look out for in a retrenchment package
14:40 First step: Speak to your family
17:31 Which expenses to cut
20:15 Managing debt
25:13 Taking on part-time work
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Remarkable! It's so obvious that PAP is the only responsible and reliable party in s'pore, taking every possible measure to help the retrenched re-employed in the shortest possible time. ❤❤
Instead of limiting FT quota which pushes away local jobs, we are giving advice on how to survive after foreigners took over your job
bro, no offense, don't play a victim - work hard, and you will success
instead going to gym cannot go workout outdoor like jogging or hiking? mental health is all about mental. what kind of advise ??
How to get back to workforce after 5 years of unemployed due to retrenchment ?
How to survive a retrenchment, correctly.
1. Approach your union and demand a strike fund. If not, quit NTUC and form your own independent unions.
2. Get a key number of union members from the errant company to strike. Any loss of income is compensated through the strike fund.
3. Wait for the company's management to cave in and negotiate a deal.
4. No more retrenchment and you may even get higher pay.
Stop listening to CNA. This is fake news. CNA is just a PAP mouthpiece.
Short visioned companies prefers retrenching for top liners. Singapore is rising fast but with retrenchment it will bring 👎 the growth n potentially to be Asia no1 catalyst growing in multiple services
Retrenchment is good for Singapore. If there is no retrenchments, then I worry.
And why in the blue hell is it good?
Anybody can say what they like, but where can the money come from? higher taxes, are we willing to pay? Best is prepare way ahead in life, don't wait till the time comes and then lost as what to do? Plan for yourself, save during good times, then you will be a lot better off. Don't put yourself at the mercy of others.
5.6M Population Including 1.6M Foreigners in A Tiny Island of 720km².
MOST EXPENSIVE PM On The Planet n $660k/annum Paid to Mayors for Dunno Doing what ?
👍👏👏👏
I don't think you are singaporean leh, we don't have mayors plus your videos are all of Sepang track - eh bro, don't sow discontent in our country. we love our people and we love our government.
50% of local jobs are taken by foreigners
@@TanLikWei
GROW A 🧠 n A Pair of 👀
There are 5 Mayors in SG Paid $660k/annum for Dunno Doing What ?
Oh Wait..... this is 9 Mth OLD EMPTY FAKE ACCOUNT
JOBS for Foreigners
NS for Sinkies