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Old 26-11-2021, 12:35 PM
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Quote:
Originally Posted by greenerpastures View Post
there are all sorts of way to structure the pay package.

these are all roughly the same:

(i) $5k per month, 1mth mid year, 1 mth yr end, 13th month, 1.5mth PB for average performer

(ii) $5k per month, no bonuses at all except 13th month, 3.5mth PB for average performer

(iii) $5k per month, no bonuses at all except 13th month, 1.5mth PB for average performer plus company-specific bonus for economic performance that year, which is usually 2mth

(iv) $6.25k per month, no bonuses at all, not even 13th month; 1.2mth PB for average performer


endless iterations.

What is important is annual package.
Therefore, assuming the monthly salary of someone in civil service and someone in mas/edb is the same, and they get the same PB, which one will end up with a higher annual package?

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