5.18M of population. Good or bad?

[david59]

verykiasu2010:

:rotflmao: :rotflmao: you want to pay the staff more but not willing to pay more fees. you presume nursing homes make a lot of profit ? if they can't balance between income and expenditure, you expect them to print money ? only US can print and print, not nursing home

it is not philosophy about making money. it is about balancing the books without going bankrupt

Wow! You feel very hilarious about such issue huh, councillor? It sure speaks huge volume about your character. I let forumers be the judge.
It seems your main methods of making as much profit for shareholders is by squeezing as much as possible from labour cost and/ or from customers/ clients.
I reiterate that home nursing care fee is already very expensive for the lower and average income families. With more Singaporeans ageing and fewer children to look after them, the demand for nursing care is already shooting thru the roof. In fact, demand has already outstipped supply. The government must make this issue a top priority and not be caught off-guard again for poor policy planning. If fee is too expensive and nursing home operators cannot make reasonable profit if needed to pay more reasonable salary to workers, the government must work out a solution. Unless they are ready hoping that all who cannot afford should send their aged parents to Johore Bahru for cheaper alternative. Otherwise, they will be caught off guard again for making poor policies.
As for you, Councillor, I bid you good bye. I see no necessity to reason with you again.

[Nebbermind]

It would be quite interesting to know how much the govt is funding a typical nursing home in term of % of its running cost.

[verykiasu2010]

david59:

verykiasu2010:

:rotflmao: :rotflmao: you want to pay the staff more but not willing to pay more fees. you presume nursing homes make a lot of profit ? if they can't balance between income and expenditure, you expect them to print money ? only US can print and print, not nursing home

it is not philosophy about making money. it is about balancing the books without going bankrupt

Wow! You feel very hilarious about such issue huh, councillor? It sure speaks huge volume about your character. I let forumers be the judge.
It seems your main methods of making as much profit for shareholders is by squeezing as much as possible from labour cost and/ or from customers/ clients.
I reiterate that home nursing care fee is already very expensive for the lower and average income families. With more Singaporeans ageing and fewer children to look after them, the demand for nursing care is already shooting thru the roof. In fact, demand has already outstipped supply. The government must make this issue a top priority and not be caught off-guard again for poor policy planning. If fee is too expensive and nursing home operators cannot make reasonable profit if needed to pay more reasonable salary to workers, the government must work out a solution. Unless they are ready hoping that all who cannot afford should send their aged parents to Johore Bahru for cheaper alternative. Otherwise, they will be caught off guard again for making poor policies.
As for you, Councillor, I bid you good bye. I see no necessity to reason with you again.

how much you really know about the commercial world ? if a nursing home notwithstanding its altruistic motive cannot cover cost, it will have to close, however noble is its objective

singapore is not a welfare state yet. you can gripe about government policy faults and mis-steps, but don't expect a commercial outfit to run at a deficit. it won't survive.

you want to champion the nursing pay being low : go ahead. I just pointed out to you that the case in point was an abuse of the nursing home to settle his family dispute to get his mother out of the nursing home. nowhere is the press report mentioned that Nightingale home paid their workers at $400 per month. In another link you provided, yes, $400 per month for the foreign worker.

the point is, singaporeans shun nursing job. you point is they are not paid enough ? so, how much is enough to entice them into the industry ? how many thousands$ per month ? if you expect singaporean nurses to be paid in the thousands per month then you would have to expect to pay higher for the nursing fees. that is all what i am saying in a nutshell. nursing homes need to balance their books. they are not run as a charity. they have to cater for financial risks and a return for their shareholders - what if the gov't does not renew the land lease ? what if the landlord keep increasing the rental ? who is going to foot the losses ? it is easy to be an armchair critic if you have not run a commercial organisation responsible for others' capital investment and cost.

[concern2]

verykiasu2010:

so, how much is enough to entice them into the industry ? how many thousands$ per month ? if you expect singaporean nurses to be paid in the thousands per month then you would have to expect to pay higher for the nursing fees. that is all what i am saying in a nutshell. nursing homes need to balance their books. they are not run as a charity. they have to cater for financial risks and a return for their shareholders - what if the gov't does not renew the land lease ? what if the landlord keep increasing the rental ? who is going to foot the losses ? it is easy to be an armchair critic if you have not run a commercial organisation responsible for others' capital investment and cost.

Same question we ask about ministers' pay, isn't it?

Why won't the govt renew the land lease if it is a nursing home that is doing good to the society?

Why would the landlord keep increasing the rental? - Or should my question be, \"Who are the landlords?

[limlim]

verykiasu2010:

it is not philosophy about making money. it is about balancing the books without going bankrupt

Bankrupt?

More like fattening the books to bloat the pockets..

Talk about SGD$200mil being \"too little\" and \"not enough\" in some recent news and SGD$600k being \"peanuts\" in older news.. and one can see what I'm talking about..

It's not that the business is not viable.. but the profit is not enuff to satisfy the greed..

Of coz we can't say for sure for each individual cases w/o more information/facts.. but in most cases, I believe paying a little more w/o increasing the charges/fees will not put the company into the red.




PS: I'm not against foreign workers, althou I don't feel the same for over-supply of foreign PMETs or FTs.

[limlim]

verykiasu2010:

nursing homes need to balance their books. they are not run as a charity.

Maybe they need to run as charity then can get $$$$$$$$ balanced books like NKF....

And be paid peanuts worth $600k..

[verykiasu2010]

limlim:

verykiasu2010:

it is not philosophy about making money. it is about balancing the books without going bankrupt

Bankrupt?

More like fattening the books to bloat the pockets..

Talk about SGD$200mil being \"too little\" and \"not enough\" in some recent news and SGD$600k being \"peanuts\" in older news.. and one can see what I'm talking about..

It's not that the business is not viable.. but the profit is not enuff to satisfy the greed..

Of coz we can't say for sure for each individual cases w/o more information/facts.. but in most cases, I believe paying a little more w/o increasing the charges/fees will not put the company into the red.




PS: I'm not against foreign workers, althou I don't feel the same for over-supply of foreign PMETs or FTs.

http://www.aic.sg/silverpages/stepsToLTC/page.aspx?id=194

since when is there S$200m for nursing home ?

[verykiasu2010]

limlim:

verykiasu2010:

nursing homes need to balance their books. they are not run as a charity.

Maybe they need to run as charity then can get $$$$$$$$ balanced books like NKF....

And be paid peanuts worth $600k..

didn't know NKF is a nursing home ?

[Oppsgal]

If cannot afford to place old folks in Singapore nursing home, maybe can go JB nursing home instead? :imanangel:

[limlim]

verykiasu2010:

limlim:

[quote=\"verykiasu2010\"]

it is not philosophy about making money. it is about balancing the books without going bankrupt

Bankrupt?

More like fattening the books to bloat the pockets..

Talk about SGD$200mil being \"too little\" and \"not enough\" in some recent news and SGD$600k being \"peanuts\" in older news.. and one can see what I'm talking about..

It's not that the business is not viable.. but the profit is not enuff to satisfy the greed..

Of coz we can't say for sure for each individual cases w/o more information/facts.. but in most cases, I believe paying a little more w/o increasing the charges/fees will not put the company into the red.




PS: I'm not against foreign workers, althou I don't feel the same for over-supply of foreign PMETs or FTs.

http://www.aic.sg/silverpages/stepsToLTC/page.aspx?id=194

since when is there S$200m for nursing home ?[/quote]You're talking abt business in general or specific to that nursing home?

I'm referring to biz in general.