PSA International - Page 10 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Companies

Companies Discuss companies and organisations.




PSA International

Reply
 
Thread Tools
  #91 (permalink)  
Old 10-06-2022, 12:14 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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

Reply With Quote
  #92 (permalink)  
Old 13-06-2022, 07:35 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.

Reply With Quote
  #93 (permalink)  
Old 13-06-2022, 07:42 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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

Reply With Quote
  #94 (permalink)  
Old 13-06-2022, 08:51 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Resignation period is still one month.

They are also revising salary for all employees this july
Heard they increased for the new hires
Reply With Quote
  #95 (permalink)  
Old 15-06-2022, 07:36 AM
Unregistered
Guest
 
Posts: n/a
Default

errr afaik psa pay for OE quite in line with maritime studies GES leh. Enginnering wise is slightly lower alr (offshore, mech, civil)
Reply With Quote
  #96 (permalink)  
Old 07-07-2022, 05:11 PM
Unregistered88
Guest
 
Posts: n/a
Default

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!
Reply With Quote

  #97 (permalink)  
Old 13-07-2022, 10:26 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered88 View Post
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.
Reply With Quote
  #98 (permalink)  
Old 15-07-2022, 11:56 AM
Unregistered888
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.
Reply With Quote
  #99 (permalink)  
Old 25-09-2022, 10:54 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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!
Reply With Quote
  #100 (permalink)  
Old 17-11-2022, 10:15 AM
Unregistered
Guest
 
Posts: n/a
Default

PSA pay revising is just moving our fixed bonus into our pay and call it pay adjustment. Damn xiasuay


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
International Relations Careers eskimo Income and Jobs 0 18-01-2020 03:40 AM
International Property at Vietnam newlaunchsingapore General Discussions 0 11-07-2016 03:58 PM
International Schools busybee General Discussions 0 29-02-2016 10:20 PM
Rabobank International Pay fusion Income and Jobs 0 19-08-2014 11:35 AM
MSC in International Political Economy .... rampa001 Education and Personal Growth 0 08-11-2010 05:42 PM

» 30 Recent Threads
Career as Teacher ( 1 2 3... Last Page)
10,834 Replies, 6,667,188 Views
Is getting a PMP worth it ?
4 Replies, 7,116 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,309 Replies, 4,983,704 Views
Lawyer Salary ( 1 2 3... Last Page)
21,014 Replies, 10,329,712 Views
GovTech ( 1 2 3... Last Page)
5,161 Replies, 2,163,751 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,801 Replies, 1,044,427 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
679 Replies, 388,408 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,639 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,902,732 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,455 Replies, 784,473 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,386 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,656,990 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
309 Replies, 369,131 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,338 Replies, 4,770,741 Views
Compare civil service salary ( 1 2 3... Last Page)
16,342 Replies, 12,456,276 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
169 Replies, 309,175 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 813,959 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,809 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,324,354 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,505 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,049 Replies, 440,594 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,267 Views
ST Electronics ( 1 2 3... Last Page)
3,767 Replies, 1,544,957 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,633 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,738,695 Views
MX12 reappointed at MX11
8 Replies, 825 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
749 Replies, 405,600 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,329 Replies, 1,142,348 Views
MFA- Foreign Service... ( 1 2 3... Last Page)
54 Replies, 84,985 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
511 Replies, 268,618 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 07:59 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2