Survey shows Singaporeans are happy to take a 42% pay cut. If your salary is $1000. You’re still be happy to work for $580 ? For me, I think I'll rather go for a holiday and look for a job later.
If they lost their jobs, Singaporeans on average think they would be able to cope without their main source of income for eight months.
80% would rely mainly on their personal savings.
Only 5 to 7 people out of a 100 would turn to the Government or welfare agencies for help
82 per cent of Singapore residents felt it was more important to take one’s own initiative to cope with the economic crisis — by cutting leisure spending and taking a pay cut — than to depend on the Government.
70 % of the population felt that having foreigners here made no difference to them economically during the crisis.
More than 50 per cent of the respondents indicated the crisis had made no difference to their savings, income, or employment.
Frequently, in newspaper reports most survey findings indicated that Singaporeans always look to the Government for support.
So who is right and who is wrong ?