Hidden Costs Of Hiring Abroad: What SMEs Need To Know [TBS 03 ft Glints & Workforce Singapore]
Description
They say the world is your oyster when you're a small business owner, but how do you actually crack it open? For savvy Singapore entrepreneurs, the answer may lie closer than you think - just a short hop across the causeway.
This week on the TFC Business Show, we're diving deep into the glocal talent strategies that are allowing our island's SMEs to punch way above their weight. From tapping into ASEAN's vast skilled labor pool, to strategic overseas stints for homegrown leaders, we'll explore how going regional is the new staying local.
Our guests? Two seasoned insiders who've helped SMEs of all sizes navigate this frontier. Yeo Puay Lim from HR tech firm Glints has facilitated cross-border team building for startups and MNCs alike. Meanwhile, Shirley Lim, Deputy Director at Workforce Singapore will share little-known government incentives to support your regional talent plays.
Supercharging your growth, maximizing your Singapore core's potential, and gaining a foothold in thriving ASEAN markets - it's all on the menu. Tune in as we undress the opportunities and challenges of becoming a true regional SME powerhouse.
So grab your coconuts and get ready to think global while acting natively local. This is the future of smart small business in Singapore - are you ready?
00:00 - Introduction
03:12 - In the talent pool space, what are the struggles SME bosses face?
06:57 - How are we keeping up to still land jobs here?
10:31 - In terms of helping Singapore companies place locals elsewhere, what do you want to achieve from that?
12:58 - What then is the Singapore Core?
25:10 - What processes can work?
28:01 - Tidbits for SME bosses/ Singapore Core for the next decade
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Disclaimer: The content discussed in this episode is intended for educational purposes only and should not be considered as financial advice. The information provided is based on our understanding at the time of recording and may not reflect the current regulations or market conditions. The opinions expressed by guests are their own and do not necessarily represent those of The Financial Coconut. Please do your due diligence before making any investment or financial decisions.
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