Check SLSs calendar to know when the ranking meeting is. Seems a lot quicker than previous years.
5508 replies (most recent on top)
@4Bvpl+16zEvLP3 - nobody cares about backfiring of forced ranking because it’s the best system there exists! It has served Darren and senior management well, so rest of you employees can’t complain!
PIP is coming soon. Better find for jobs before falling into the sh-t~
https://www.todayonline.com/commentary/why-ranking-employees-performance-backfires
Force ranking backfires
No coffee machine, lousy insurance, no increment, work overloaded, PDS too bias, poorer so cut back expenses, let's eat hawker and support more locals. Duno why some can eat more michelin meals, free golf mship, scoring PDS by making locals poorer... goes on and on and on.
remember all job losses in Singapore are good losses. Helps with the PDS of SG management. Other than GC, there’s no other Singaporeans at the country LT body. No skin in the game for expats, so you are all on your own. Compete to win folks, and don’t complain.
EM dgaf about inflation. Company is imploding and you still here latching on like it's your only lifeline. Others whining how can they cut this how can they cut that, isn't it obvious? Because they can and there's nothing you can do about it. EM is in crisis mode. Focus is to stay afloat in the near term. Who cares about fluffs like staff retention and morale?
Apparently Singaporeans are overpaid, especially with 3 months AWS. HR from other countries are reviewing our pay and has already looked at it with biased lens. Coupled with no pushback from LCM and attrition remains lower than planned, so of course no pay raise. Be glad you have a job and be very more glad if there’s no significant pay cut.
The inflation is coming so how can be no pay rise next year..
@4Ahzg+16zEvLP3 authorities have learned their lessons, unlikely to throw fresh incentives and tax payers money to attract new plant investments. No more growth for site, just operate at LOWEST costs possible, safely lar.
Let’s chiong for LNG sales. Chem and F&L sales already in China and India, with many given opportunities to go Houston and come to Singapore. So practice your thumb sucking skills. Might need it more than ever, especially when GC is not going to be advocating for Singaporeans. Good luck! I’m so glad I’m not dealing with this cr-p now.
Allow me to make an educated guess on SG EM future..at most 10~15 yrs from now...
- All support functions moved to India, BKK or 3rd Party providers
- (Chemical/Lubes/LNG) sales/ops moved to China / India
- Engineering support including process engineers for base plant move to KLTC / India
- Site Projects moved to BTC
- No new capital proj to improve existing plant...e.g Crisp aint coming back.
What left is a skeleton workforce of ops and maintenance to keep the plants running...no career progression, minimal opportunity.
Who is brave or shld i say d-mb enough to stay and find out?
Things are coming back! There’s more expats heading our way in Singapore. Is this an indicator of AWS won’t be cut, or AWS will still be cut to create budgets for more expats? Any insights?
@4Aznn+16zEvLP3
You POFMA lah!
PIL is not an option for 2021 PA. Only PIP.
TMTS package? That is not an option for anyone to choose.
You will be asked to go, when the time comes (the organisation restructure and HC reduction plan is already laid out between now, till 2023).
So if your position / group is already earmarked as redundant (or in excess) it is just a matter of when.
SG Finance just expat some manager to Thailand. Seems like that's the way going forward.
July/Aug 1:1 sharing after the ranking session
Options available are:
- PIL
- TMTS package
- Resignation
4: choose to stay but not increment and bonus
Not forgetting that many of our base benefits were also cut in end-2020 / 1Q21:
- The renegotiated AIA / IHP coverage T&Cs and payout is worse now for the employee, with net higher OOP
- No more interest-free vehicle loan (CL 26-29)
- No more country club membership fee assist
Can imagine PDS for GC will look so good, thanks to everyone. Cut espresso machine, cut costs, cut headcount, improve Sg cash flow, use savings for secret projects to deceive public that we are reducing emission. Next year their PDS looks even better, thanks to everyone again.
To all future next generation of em employees
Yes you can still work and be employed by em
Stay till 5yrs or the longest maybe 10yrs after that better quickly jump ship
Take em as just a training ground and stepping stone for your next career
Not worth to stay longer or longest anymore in em
Trust this advice from em old timers with very long service
Loyalty to em dont pay anymore
Remember this company called exxonmobil
You all have been notified
@4Ahvy+16zEvLP3
Tell mgt the best way to combat fake news is.........TELL THE DEFINITIVE TRUTH.
Stop going around in circles, denying this/that....just come out and be specific and clear. - Isnt that is what senior mgt always preach?
Meanwhile mgmt keep saying the comments here on aws and increment are fake news.. looking forward to see who is right!!
Bright for GC, since all savings will be posted under her PDS. And the reduction in AWS is more than covered by her dividends from RSUs. Winning behaviors if you ask me. No one at senior mgmt gets punished for bad decisions, and the payout remains the same. Best deal ever!
4zlki+16zEvLP3
There will not be a mass exodus..those who are capable of leaving have already left.
Those who remain are those who have no options or in the late career stages so just want to ride this out.
Confirmed pay freeze in 2022, possibly 2023....AWS potential cut...Jobs moving to GBCs....the future for SG sure looks bright.....LOL
Management is very keen to make sure no loyalty goes unpunished. Those who left earlier get a full prorated AWS. Considering this, the attrition numbers are low. Seems like Singaporean employees really enjoy getting beat up and short changed, which explains why GC is so bullish to Dallas that we are ready to contribute more.
For those PIP this cycle, there will not be a PIL option...meaning no 3 months payout for those who wants to leave.
@4zhfq+16zEvLP3 step forward to create our unique winning culture! I am sure I can say for the many that we are so proud to be part of creating this identity!
4zosy+16zEvLP3 Cut AWS is Thai HR reccomendation, citing our total package is not competitive...therefore needs to be lower and more performance oriented.
And yes, as much as we hear many people leaving....it is still not enough...SG mgt wants to "force" more people to leave on their own.
There will be no PIL offered to the 2021 PA NSIs.
Only PIP. All 8% of them, for each PA cohort.
@4zosy+16zEvLP3
They have removed all Nespresso machines from HBF offices and banned all farewell/exit meals (with the exception of anniversaries and retirement), and downgraded to cheaper phone plans … and various other Opex-saving initiatives.
If those were deemed material to the company’s cash (drain) flow, then I ask you: what is AWS and salary freeze? That would be the next (big ticket) obvious step forward right? No?
When will PIP/PIL announcement be made? I suppose aws cut decision must be made before this announcement so that hr can calculate final compensation.
one hand say cut, another hand failed attempt to take back ex favourite, trip and fall face soiled, sweep under carpet. Integrity missing at the top?
I’m not sure what are they trying to achieve by cutting AWS. Is it because there’s not enough departures? Or what’s the costs savings there? Is it going to be more than the $35 mil incremental costs we incurred from a losing proxy battle? I’m not sure where’s the business sense in this and how’s it’s going to structurally improve the company.
You don’t need to cut the AWS. You just need to have enough murmurs on it and people are already rushing for the exits. But it seems insufficient though to Thai HR.
We all need to bring ourselves back to 1Q2020, for a reality check.
DW had said, in no uncertain terms: There will be NO layoffs!
That he preached, to the shareholders and to the press.
Then all his President-henchmen repeated that same message, over again.
Followed by the F&L President tendering his resignation, before everyone else.
And look at the mess that they’ve created now!
With PIP / PIL, country study (region by region), TMTS (up to 2023) - with mass resignations along the way.
Duh!
The latest heard for Singapore is that nsi maintained at 8 percent. Pil and pip continue to be offered. Pay/promotion freeze maintained for 2022. Lastly aws seriously being considered to cut down to one month. I expect the last one to be the straw that break this camel’s back. Expect mass exodus
Attrition out of control? If that is true...are senior mgt crying for help or painting a rosy picture to Dallas that all is going as planned.
Action speaks louder than words....in this shitshow it truly reveals the kind of leadership we have in SG.
The brutal truth is our jobs are going to India, KL and BKK...or outsourced to 3rd party. It is very obvious. The words coming out from GC or SG mgt saying SG is "strategic" or "key" ....what does it mean exactly to 99% of us? To me, just a bunch of lies to keep this place afloat for as long as possible before they finally close out.
By then, GC and her gang today would be happily retired with millions.
Long story short...get out while you can...EM does not care, neither should you...its just a job.
If you look at the financial results, it’s only chemical who has been delivering returns for the past 18 months, when the pandemic hit. And hiring costs are actually low, so no complaints please.
@4zhkl+16zEvLP3
It was Chemical (EMCC) that had over-spent and over-hired in the past few years … that had necessitated Dallas to conduct a “Spotlight” study on Singapore.
Chemical’s 10-year ROCE is sh!t.
@4zwjt+16zEvLP3 pointed out the key traits of weak management, hiding behind the 'job' as excuse, continue to take home huge sums, motivated to cut incentives and locals. This should not be happening.
@4zhkl+16zEvLP3 she cannot be telling us otherwise right? You would have said the same thing! We should not put the blame on GC, she is just doing her job.