Please read news la.
Sheng shiong say their bonus scheme is the same since 2007.

Group bonus is 20% of the profit.
They made around 100 million profit.
So bonus is around 20 million to be distributed to the employee based on their typical title tank etc.

It's the same as ST what... Just that ST never made 100 million dollars profit.
Revenue is high. Cost is also high so profit is marginal.

After paying dividend to the investors, not much bonus left to be distributed.
And when distributed the top senior management take up all the bonus first.

Story short. ST didn't make enough profit to give high bonus to employee.
Employee didn't work hard enough to generate profit for the company.

Working hard is not the same as creating value.
So don't overtime la. It's those senior management, director, VP job role to get business for the company and grow the profit...

So for them to meet their kpi for profit...
Just cut cost lo. 1 project engineer do multiple projects... To save cost.

For the project engineer, he thinks "I worked on 3 different project, my bonus should be good."
But he never realised that he's working on 3 projects cause management want to increase profit margin.
Otherwise they would hired multiple prokect engineers for 1 project. Instead of 1 project engineer handling multiple projects.

Then when you overtime etc thinking you deserve a good bonus... But reality is you help your VP to meet his kpi profit margin. And since your VP meet his kpi.. The big bonus go to him lo.

So the prokect engineer work longer, with no bonus. Get all the ****. While the VP lifestyle get better. Car get bigger. Condo get bigger. Even the noise they make in office also louder..