If done correctly, the company training committees (CTCs) can help achieve a win for companies, workers, and the economy.
This was explained by NTUC Secretary-General Ng Chee Meng at the Future of Work Conference on 29 April 2019.
“CTCs can help accelerate the acceptance of technology. In other words, they will be a formalised structure in the companies to tell workers about technology and what good it can bring … how they can, in time, bring better wages, welfare and work prospects for our workers,” he said.
Mr Ng added that the CTCs also benefit businesses as they can accelerate the adoption of technology for businesses through the various grants provided by the Government.
Through the CTCs, unions will be able to better know the business’ transformation plans and start the adoption of technology and actualise the positive outcomes for workers and businesses earlier, he said.
“The technology absorption and utilisation curve will be shorter. If we do it right, with CTCs playing a part, companies can capture business value, and I can capture value for workers as soon as possible,” added Mr Ng.
First announced on 25 April 2019, NTUC is looking to have at least 1,000 companies adopt CTCs over three years.
“When we aggregate all the companies coming together for this smart nation push, smart factory push, then we have a third win; a win not only for our companies, not only for our workers but a win for our country as well … We will get sustainable growth from the macro level, all the way down to the workers,” said Mr Ng.
Singapore must share economic growth with its people, and tripartite partners will continue to cement their tripartite relationship for the common good of workers, society and country, added Mr Ng.
