Lol, you lot damn lazy to check your facts. Only want to read things that confirm your bias. Go google what AWS is. It is not compulsory and can be reduced.
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It is definitely a mess and lowest morale ever. Ppl r leaving once a great reputation co. Leaders don't know how to lead but only manage up. Drill down ground workers ... Leading out of crisis need true leader. Not selfish people looking at KPIs how to preserve well in front if higher management. Doing stupid things never.mind waste time value never mind as long as number looks good. Lpo lpsa. Nli. Webcat...ocvm..dont let them down..but let you down to protect each other's territory.. keep doing.
To all of you who are concerned about the “bonus” cut, please avoid using this term as it linked to the performance of the company and they rightfully can reduce it when business is bad. The 3-month is called AWS (Annual Wage Supplement”) which forms a part of your “base” salary.
If I am not mistaken, the use of AWS is to optimise the Wage cost, viz. time-value of money, CPF contributions, health/life insurance, etc..., ie annual salary paid over 15-month instead of 12- month.
Heard that the bonus announcement will be out soon, either 2nd or 3rd Qtr. I am trying my best, Faster find a job and run! At least my bonus is been prorated if l leave by June and is still a good 1.5 months. Applying my LPSA: Worst case scenario, bonus adjusted to 1 month will be very sad for most of us.
Lower salary is fine. As long as prospects are there. IYKYK.
Quit must also have job offer(s) right?
Otherwise, if offered lower salary also rugi and you become the CMI loser lor!
Quitting is for the winners. It is not our job to fix the situation. Hate to say this but it is the situation, not giving up in the job hunt!
@3Bwjp+16zEvLP3 Concur. We should practice Diversity & Inclusion for the next few rounds, felt that supervisors and managers are missing out of the great feeling of being PIP-ed..
We are ExxonMobil
The attrition is still very low in Singapore. Definitely enough to support another 8% PIP. By the way, 3 PIPs and you are gone!!!
You think too highly of yourself. I don't believe management/hr is worried at all. So many hungry coyotes ready to pounce on those positions. Yawn, next.
With more resignations and elevated (worst-than-expected) attrition rates - especially from the 40 year old employees, I think Management and HR are getting worried!
They initially thought that attrition could be allowed to take its course, but it’s turning out now to be an undamped oscillation and impacting on the organisation’s basic stability criteria - that if not mitigated, could turn out into an irreversible decimation of our MTE workforce (minus the initial “P”, who are majority-NMPT).
The problem with this company is the “ Mgmt “ thinks you are overpaid not them being overpaid ! So cutting bonus to save your job is doing you a favour ! Such thinking is very prevalent among the Mgmt. They said we will continue to reward “performers” not knowing these so called performers are able to perform is because pple lend them the shoulders to climb .... when they are up there they forget they are standing on shoulders of their fellow colleagues. They tot they float in air ! Let them see how they can perform if the ranks and files don’t execute the plan flawlessly ... they need to be taught a painful lesson before they become humble leaders . Otherwise these executives are just good at spinning stories and upward Mgmt . Show them what they are really made of ...
The more you think bonus cut can't happen, the more it will. Policy works perfectly only when there is an element of surprise.
But how can they jus reduce our bonus when this is part of our salary remuration listed in our employment contract? Is like part of our pay package in black and white.
No need to argue guys.
Bonus becomes 1 month in 2021.
No incremental in 2022.
Confirmed.
Good luck y'all in your job hunting.
Thank you for the response. 140-160K annual is comparable to what other big MNCs are offering. I left years ago and sometimes wondered what my salary would be like if I had stayed. It's always good to know the benchmark. Jiayou and good luck to those on a job hunt.
@3zhoq+16zEvLP3 -“ missed the boat?” Ya the pay of >$500k is attractive but if I need to sell my soul and lick a** like u I would rather miss the boat. My dignity has no price tag unlike yours . Happy licking .... sh*t. I am checking out this place soon
So many young people have left, to name a few, TSS, advisors, engineers... was told by BOSS, still no idea whether our bonus is in good hand, pray hard or look for somewhere else more green. This year already no increment, don’t hope too much in 2022. All our $$ bonus and increment will be reserved for the dividend payout.
No horse also should run- if u r new and average performing, you wouldn’t be hitting 10k by mid-35. How would you when you get being hit with pay freeze after pay freeze
Average performer: $9-10K. No horse run.
Others who gloat about getting more are only spamming here!
What salary range for mid 30s average performer?
Basically our 3Aadz+16zEvLP3 genius is saying you are shortchanged la. Talk so much still back to the same point.
Stop flaunting how well paid you are / were. I think these guys have been living in your ixory tower for too long. You do not know what is outside world......at least you know how much your contractors staff are paid..... can you do their job well or not? How many section heads / managers you need in a company? Every few years the bottoms all want to be promoted to heads / managers. Wake up ....... Now the top management has realised a lot of redundancy or too many jia liao bi.
For the 6.5K (30 plus), you really have to know where you stand..... have a view of your own.... short change or not.... you have a choice.
Lmao 6.5 for 30s.... you got shortchanged hard.
Not worth the time for 6.5. You deserve much better.
Wow is 6.5 guy that bad? Thought that’s pretty average maybe slightly below
You're paid less than a technician.
@3zfum+16zEvLP3 wasting your time in EM, just leave..
In chem, some of the tech performance assessment is already sparred at a global level- CL21-25. So the Lims, Chens, Tans don’t stand a chance against Smiths, Woods or Mehtas.
Once you reach CL28/29 and higher, where your ranking is sparred at regional level (EMEAP, in our case), that’s where the European-Asian differentiation becomes more apparent.
Some of the execs are good for sure.
But some are just absolutely b—s— and I thought some of the Singaporean coworkers are operating at a higher level- but still not promoted. So I guess you really need a white Godfather to help you out.
Secondly, I’m surprised there’s outrage at the Asian hate crimes in the US. After all, the Singaporeans that are also subjected to the same type of beatings in ranking by the white masters too. Think about that!
You are left too far behind, 6.5 is too low for mid 30s. Hope you are not selling your soul away, at this price is not worth.
previous executive also sit on other organization board.. earning multiple sources of income. shiok shiok.
Are you sure section head is this low at 10k
At age mid-30, I was already a Section Head, with a $10K salary.
I think you are awfully left behind even by your peers in EM, not to mention in the public sector!
Age mid 30
Local male
CL24
Monthly ~6.5
Being left behind by my peers in the public sector!
@3zrzp+16zEvLP3
I’ve worked with MY engineers before.
Personally, I think that they are generally less bright lah.
@3zhoq+16zEvLP3
With a salary like >$500K pa, including stock options, a company car and many other perks, wouldn’t you also desire to be an EM executive one day?
Or perhaps, you’ve missed the boat already? ;)
Why do we need so many executives around . Seriously what value do they add to the business ? Nothing ! Clueless ! Only strategy they know is how to fix the pple within ( by laying off the worker bees for self preservation) . Have they ever come out with solution(s) on how to improve the business ? No! This bunch of clueless folks have no commercial knowledge and business acumen on how to improve the business . Those ideas are all from ground up... so I am asking myself what are all these f—ng executives paid to do????
Exactly, I agree. One SLS in EM can hire maybe 7-8 engineers in KL. Imagine the amount of productivity increase. They should move all managers/engineers to KL.