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Originally Posted by Unregistered
They changed the grading system from 5 point scale to 4 point, not sure what is the new average.
Heard those getting exceed getting slightly less than 2 and slightly above 1 for meeting expectations.
Think exceed more difficult to achieve than 3.
Also quite surprisingly low, given the fact they said strong financial results. How's the market now for swe, i see retrenchment news quite often but keep seeing developer most in demand too.
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NCS weighed down by acquisitions and investments
Singtel’s
NCS division reported a mixed set of numbers.
Revenue improved by 16% year on year to S$2.7 billion as the group expanded its enterprise business and enjoyed contributions from new acquisitions.
Operating profit, however, plunged by 35% year on year to S$139 million as the division spent on digital investments and paid out higher wages in line with inflation.
Ncs performance worst than last year, of course bonus is worst. Don't know how to read earnings report?