@5pjfa+16zEvLP3
What “July bonus” are you expecting / looking forward to?
There is none AFAIK.
If you are thinking about the mid-cycle salary re-adjustments - that’s reserved only for the “Outstanding With Distinction” category of performers ….. i.e., the top 10%.
If you don’t even belong there (in the upper stratosphere), you can choose to hold your breath till you turn blue, yet no “bonus” will come your way in July! :)
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@5pisv+16zEvLP3
May I know why you view PIP as “unethical”?
PIP is just a Performance Improvement Program.
Some tech terminate after PIP, some down grade and cut pay.
Some of us are waiting for the July bonus before tender. If no bonus, more to go.
So anyone received your PIP orders? Isn’t it very unethical?
What MOM investigation?
You’re delusional.
With billions of capital assets already invested in SG, EM is deemed a preferred investor and has the right to hire and fire.
The GoS knows where our little red dot stands, if we were to push back and the investments go away. Then, even more jobs will be lost!
Let’s not miss the woods for the trees!
Stop dreaming, there want even a formal investigation.
Any one has any idea on the MOM investigations going on? Is the case closed and ExxonMobil is off the hook.
I find this layoff site pretty useful. Was interviewing around, got some good leads but when I check the ground sentiments on this site, looks like everywhere is as cr---y as EM. The situation in EM is definitely not unique.
So remember to do your background checks. Everything may look rosy on the corporate site and during interview but be sure to also get informal insights on Glassdoor, Layoff, etc.
Nah, I’m staying put in EM. However, giving myself a better chance, I’m getting an ang moh name right now.
The best opportunities are not found in oil and gas. It’s found in tech. Let’s go all out now to apply!
Don’t think about a bright future, especially if you are not ang moh. Singapore is on cost cutting mode with a LCM that’s not advocating for Singaporeans. Must be daft if you think there’s still a lot of opportunities. Hunker down, take your monthly salary and spend wisely.
The crisis is not over yet and never the last one
Yea and his DH projects earning a gross salary of $30K pm - and he’s probably already there now.
Hehe you should like my section head, echoing @5mmgz+16zEvLP3, who is probably a DH!
I agree with @5mmgz+16zEvLP3’s approach in the sense that we should project forward with some sort of an assumption on what you think you can achieve within EM and then do your best to understand if the offer is able to give the same trajectory in that same time frame.
But 30k/month seems steep to me, I assume if you are at least 15 years in the company consistently in Outstanding or Outstanding with Distinction that can be a reasonable reference (in that case your current salary should be above 15k/month already)
For younger folks (less than 5 years) if you are in excellent/outstanding consistently I think it’s fair to expect ~10k/month by the time you are 10 years in the job based on general info shared so far and also my personal experience - of course, that’s assuming you are confident in retaining the same level of performance forward. I know some naysayers will say the system has changed, 8%NSI will have downward pressure etc but the truth is when you go out of EM, you should assume as it is also going to be a competitive as environment as well and also through the 2 cycles I have seen people who have continued to perform consistently.
In summary, my advice is for strong performers - I won’t be tempted by a mere one time 20% increment for a switch if I’m in your shoes. (To be honest I will likely consider 50% but I really doubt anyone will offer 50%) Unless I’m confident that the longer term progression in the new company is comparable (via trusted sources like personal friends in that company) I won’t rush to make that move since I will expect to still get decent increment and learning opportunities in the near future. Until the point I feel that I am stagnating I personally don’t see an immediate need to jump.
So if you are currently a young employee ranked Good and below, do yourself a favour and get a new offer soon. If you are outstanding and excellent, you can afford to wait awhile but don’t lose momentum in your work performance and continue to chase after opportunities to build your fundamental competencies. If you are very good, it’s a tough call there.
It’s not so much the pay now that’s important.
You’d need to assess which job will likely provide you with the forward growth dimensions, to help you reach a gross $30,000 pm salary (at least), by the time you hit your 50’s.
Cos that is your base option of remaining in EM till retirement.
@ 5mdrq+16zEvLP3 share more about ur profile so people can advice further?
- age
- historical ranking performance
And the offers coming in, what industry and scale of company?
2 offers of similar pay. How to choose. Any advice?
It’s already announced on GPAT.
There had been many direct references to DW and GC in various postings, that were not deleted.
Maybe this one got ahead of a DM replacement that has not been officially announced in GPAT?
But internally, most of us know of the move already what!
Personally identifiable info is not allowed here, that means any post that contains enough data to identify someone for sure is probably gonna get deleted. The rule doesn’t apply to c-suits and comms as they are public figures already.
I also think it’s an “English only” website
Kindly don’t delete especially when there’s lots of folks who haven’t read the discussions. There’s no names so why the deletion?
Latest insider news! No AWS cut for 2022. Cheer for 3 mths bonus in pocket.
Y'all why the new DM announcement got removed?? I see so much trash here, and this one announcement gets sensored?
You see SLSs and BTLs driving BMWs and Mercs and you’ll know who they are. Not difficult to spot.
Yea, I like the word you used: “golden handcuffs”.
By the time you reach a DH / CL28-29 position, and earning in excess of $300-350K pa in your early-40’s, you’d likely be “golden handcuffed”.
Cos it would be difficult to get an equivalent, or better-paying job elsewhere AND still doing the same mid-management / supervisory job that you do in EM.
You’d need to take a step up, with higher executive responsibilities (akin to DM level in EM), in other, smaller companies.
So which option would you choose?
(1) More work, same pay?
Or
(2) Same work, less pay?
It’s a choice you’d need to make, after going through several interviews and having received the odd job offer, at 40-something.
good job for making it far. Can share with us if the attrition is as per expectation and also what happens when 90% of the people below SLS quit the company?
For young ones, set your horizon clear. Give yourself time to learn the ropes but never let your guard down thinking EM is a life time company. Unless of course, you have minimal ambition and don't mind yourself to be subjected to low value assignments. Even if you don't mind being that category, you will be subjected performance appraisal that puts in an unfavourable rank. That means Lower than average compensation. Before long, your skills and experience becomes invalid in the industry and not knowing you sacrifice your golden years working on rubbish assignments.
The opportunity in SG is dwindling. No matter how fast a person climbs the ladder, the opportunity is capped locally. Good if you get broadening exposure from oversea assignments and a chance to grow your career. On the other hand, reaching the plateau can be quick for common folks and you will spend your golden years in the low summit doing the same job for the rest of your career. You better have passion for what you are doing, else be ready to feel stagnated and lack of growth for the rest of your career. With the golden hand cuff, it's difficult to shake it off even if you want to. You will soon realize that the world is different outside. Always keep nose out of EM once in a while to gauge the industry. EM experience can be very secluded and outdated.
15K base is equivalent to 234K yearly salary with AWS and LTSA. That's more or less the salary of an engagement manager in top tier consultant. From looks, its a bigger bargain to work in EM with the type of responsibility the supervisor has. In my tenure I met many supervisors some of whom I respected for their leadership and their sincerity. While there are others that are just pathetic garbage. Fortunately, that is the minority.
What?!?!! 15k, CL27 after 11 years. I’m damn underpaid la. I didn’t even know got such pay levels.
Now we shall play the game: Guess who you are.
Hmmm ….. so we now know why there are 2 camps here.
One, the bottom-75%, all feeling that they are making slow progress, going nowhere and looking outside to be treated better.
On the other hand, the top-25%, who have been richly compensated, well taken care of and feeling that they are in a “safe house”, with nary the need to look beyond the fence.
Same here, I got my CL27 (supervisor, not complex) after working for 11 years, upon joining EM after graduating from NUS.
Got my EM stock options along the way up.
It was all good for me!
Benefitted lots and will likely stay on for the long haul.
Don’t think I can get the same kind of remuneration (and benefits) outside though.
It goes to show how many of us, the masses, are really short changed - not knowing that the top 25% (and especially so, the top 10%) are overly compensated on remuneration !!
Supervisor here
Wow. That's already close to $20K per month counting in LTSA and AWS by dividing across 12 mths. Are you supervisor or DH?
15K/mth before AWS and 5% LTSA
15K/mth including AWS and 5% LTSA?