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Unregistered 10-06-2022 12:14 PM

Quote:

Originally Posted by Unregistered (Post 221210)
Hmm I think you wont learn much during your time as an OE. And they are having a hard time to hire new OE. They even resort to increase the resignation notice period to two months. As the HR were not truthful, thus a lot new OE join and quit. Join at your own risk. And be prepared to see new guys joining with higher pay than you, and PSA wont adjust your pay.

resignation period of two months is definitely sending the wrong signal

Unregistered 13-06-2022 07:35 PM

Quote:

Originally Posted by Unregistered (Post 221210)
Hmm I think you wont learn much during your time as an OE. And they are having a hard time to hire new OE. They even resort to increase the resignation notice period to two months. As the HR were not truthful, thus a lot new OE join and quit. Join at your own risk. And be prepared to see new guys joining with higher pay than you, and PSA wont adjust your pay.

So ya I heard from my friend, he has been with PSA for 3 years and his pay is lower than the newly join engineer. PSA does not reward loyalty. And they do not have the intent to adjust his pay.

Unregistered 13-06-2022 07:42 PM

Quote:

Originally Posted by Unregistered (Post 221233)
resignation period of two months is definitely sending the wrong signal

Resignation period is still one month.

They are also revising salary for all employees this july

Unregistered 13-06-2022 08:51 PM

Quote:

Originally Posted by Unregistered (Post 221659)
Resignation period is still one month.

They are also revising salary for all employees this july

Heard they increased for the new hires

Unregistered 15-06-2022 07:36 AM

errr afaik psa pay for OE quite in line with maritime studies GES leh. Enginnering wise is slightly lower alr (offshore, mech, civil)

Unregistered88 07-07-2022 05:11 PM

PSA is a great company. very forgiving and i have yet to see anyone get fired. Ave. service of both office and non office base staff is around 9-11 years.
Base is low but its made up thru its bonus and ad-hoc NTUC gift-aways.
To break down the bonus for ya
a. AWS
b. EBI (Company Bonus)
c. PI (Performance Incentive)

Unless you are under performance improvement plan or serving notice, [a] and [b] is pow jiak.

[c] bonus can be 0.25 - 5.5 which is pegged to your appraisal grade (C,C+,B,B+ and A) in additional there is also an internal ranking so you and me could be "B" performers but i am a higher "B" thus qualify for a slightly higher bonus multiplier.

To put it all together - assume you are a Manager drawing 8k per month.
Qualified for a "B" grade (2mths) and the company met most of its KPIs and will pay 2.15 mths
Hence, (8000 * 12) + (8000) + (8000 * 2.15) + (8000 * 2) = 137,200 or 11,400 per month

Sounds good? Maybe! but be warned that this may work againsts you if your next employer tries to lowball you using your BASE salary. Also if you somehow ended up with a C grade then its a loss of around 2-1.5 months.. again depending on the business.

Good luck!

Unregistered 13-07-2022 10:26 AM

Quote:

Originally Posted by Unregistered88 (Post 224755)
PSA is a great company. very forgiving and i have yet to see anyone get fired. Ave. service of both office and non office base staff is around 9-11 years.
Base is low but its made up thru its bonus and ad-hoc NTUC gift-aways.
To break down the bonus for ya
a. AWS
b. EBI (Company Bonus)
c. PI (Performance Incentive)

Unless you are under performance improvement plan or serving notice, [a] and [b] is pow jiak.

[c] bonus can be 0.25 - 5.5 which is pegged to your appraisal grade (C,C+,B,B+ and A) in additional there is also an internal ranking so you and me could be "B" performers but i am a higher "B" thus qualify for a slightly higher bonus multiplier.

To put it all together - assume you are a Manager drawing 8k per month.
Qualified for a "B" grade (2mths) and the company met most of its KPIs and will pay 2.15 mths
Hence, (8000 * 12) + (8000) + (8000 * 2.15) + (8000 * 2) = 137,200 or 11,400 per month

Sounds good? Maybe! but be warned that this may work againsts you if your next employer tries to lowball you using your BASE salary. Also if you somehow ended up with a C grade then its a loss of around 2-1.5 months.. again depending on the business.

Good luck!

Oh but 8k is for a senior manager for years probably 5 yrs or more as SM. Manager pay is close to 6k. And it's no longer 2.15 ebi bao jiak it's 1.14. The NTUC gift card is a way to circumvent to pay the people CPF and it's also taxable. Even with the with the recent so called pay adjustment it's still lower compared to gov jobs.

Unregistered888 15-07-2022 11:56 AM

Quote:

Originally Posted by Unregistered (Post 225237)
Oh but 8k is for a senior manager for years probably 5 yrs or more as SM. Manager pay is close to 6k. And it's no longer 2.15 ebi bao jiak it's 1.14. The NTUC gift card is a way to circumvent to pay the people CPF and it's also taxable. Even with the with the recent so called pay adjustment it's still lower compared to gov jobs.

Yes I do not disagree that PSA pay may be lower when compared to other MNCs or even Govt.
At the end of the day, its really up to the individual on their career aspirations. Money is one portion but should also consider the entire ecosystem (stability, friends, culture, future etc.)

Cheers.

Unregistered 25-09-2022 10:54 PM

Quote:

Originally Posted by Unregistered (Post 219226)
i agree, but the allure of the 50k cash value of the scholarship is hard to ignore. I am already quite set on working in operations/scm so its really just a question of how good of a springboard PSA can be if lets say i want to transit to unilever or P&G ops

Not sure if you have already taken up the scholarship. But a good check would be to see how many ex-PSA folks are now in CPG firms via linkedin. It is UNLIKELY that your experience at PSA operations is directly translatable to CPG ops.

I assume you have already tried applying to CPG? The best time to try is when you are a fresh graduate. In your first 1-2 years, HR can consider you as a fresh graduate. If you stay beyond 2 years in PSA ops, your experience will likely be a disservice during CPG application. If you dont get in Unilever or P&G on your first try, I suggest you can gofor the lower-tier CPGs, gain some experience, then try again.

50K can seem like a lot right now but I suggest you think hard about your career trajectory (refer to Linkedin again). Make sure you collect sufficient datapoints to prove or disprove your assumptions!


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