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2007

Labor Economics

Research Collection School Of Computing and Information Systems

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How Much Should Foreign Talent Be Paid?, Manoj Thulasidas Jul 2007

How Much Should Foreign Talent Be Paid?, Manoj Thulasidas

Research Collection School Of Computing and Information Systems

Singapore needs foreign talent — and there’s no need to feel bad about it. It is a statistical fact of life. For every top Singaporean in any field — be it science, medicine, finance, sports or whatever — we will find about 500 professionals of equal calibre in China and India. Not because we are 500 times less talented, just that they have 500 times more people.