Originally Posted by Unregistered

In my opinion, the economy is actually doing super good, with only certain sectors doing badly (e.g. KTV sector, clubbing sector, and the now recovering airline sector). It feels like certain bosses want to hyperfocus on the poorly performing sectors and completely ignore the rapidly booming rest-of-the-economy in order to justify lower/no increments and bonuses.

To be fair, increments and bonuses need to be given out generously to reflect the surging economy, otherwise inflation would far outpace wages. Saying that the economy is so bad that even the 13 mth bonus is in question sounds completely untenable. Just my sentiment.