Quote:
Originally Posted by Unregistered
Don't be silly... Are you expecting people to be promoted without getting promotional increment meh? PI/MI is a separate issue from MVC deduction... The former is permanent while the latter is temporary... and they can come together.
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National investment firm Temasek will be freezing the salaries and promotion increments of its staff from April to help raise funds for people affected by the coronavirus outbreak.
In addition to these freezes, senior management, which includes managing directors and above, can take a voluntary base salary cut of up to 5 per cent, for up to a year.
Possible for
GIC and TEMASEK