MAS for Mid Career Professionals - Page 69 - Salary.sg Forums
Salary.sg Forums  

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

Companies Discuss companies and organisations.




MAS for Mid Career Professionals

Reply
 
Thread Tools
  #681 (permalink)  
Old 14-12-2021, 01:18 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
The bottomline is that MAS doesnt pay well vis a vis the industry or even the rest of government. I don't think senior management appreciated the severity enough. Otherwise they would not be telling staff about "gratitude".
A number of my friends in MAS are just waiting for their next bonus/promotion before departure. Do be careful about providing feedback upwards. Some have already left as upwards feedback were met with reprisals/contained.

Reply With Quote
  #682 (permalink)  
Old 14-12-2021, 07:20 PM
Unregistered
Guest
 
Posts: n/a
Default

MAS is not paying competitively. Many have gone to private sector with pay raise of at least 30%.

Reply With Quote
  #683 (permalink)  
Old 14-12-2021, 08:40 PM
Unregistered
Guest
 
Posts: n/a
Default

MD already say look at other things for satisfaction instead of money. Like the satisfaction of working for MAS and serving the public. Its like being a commando. You don't do it for the money. You do it for the Honour & Glory!



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
  #684 (permalink)  
Old 14-12-2021, 09:37 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
MD already say look at other things for satisfaction instead of money. Like the satisfaction of working for MAS and serving the public. Its like being a commando. You don't do it for the money. You do it for the Honour & Glory!
cant be chasing after private sector when they are public sector
Reply With Quote
  #685 (permalink)  
Old 15-12-2021, 12:58 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
MD already say look at other things for satisfaction instead of money. Like the satisfaction of working for MAS and serving the public. Its like being a commando. You don't do it for the money. You do it for the Honour & Glory!
I really want to serve the public and be proud of what I am doing.

Unlike many others here, salary is not a big issue for me.

But everyday, my morale gets drained.

I want to get things done, but in front of me, there are 99 layers to clear. These are simple things. I do not need so many layers. These extra layers do not value-add at all, and I say this without mincing my words.

The process is a disaster. Bosses here have become so risk-averse, asking tons of immaterial questions. It has made life a nightmare for officers who want to get things done. Some things are simply unknowable until we try. Yet the bosses insist they have to be known before we even try. Can anyone see how ridiculous this it? Many of my colleagues just accept it and smoke their way through. But I want to do the right thing. Unfortunately, doing the right thing here is very hard here. People only hear what they want to hear. Taking the path of least resistance is the easiest thing to do, but it is often the wrong one. But hey, why try so hard right?

I work in a regulatory department. When I liaise with foreign counterparts, I find their thinking to be a lot more mature. They are able to evaluate situations holistically. They also have a lot more trust in their colleagues. This is unlike here. My bosses are so focused on narrow points that they miss the bigger picture. They have trouble accepting that what we currently have is in not ideal compared to foreign jurisdictions, so they force themselves to justify it. They are so afraid of explaining our regulations that our most common suggestion is for the other party to seek legal advice. They have so little trust in others that they even want to get involved in areas where there are already plenty of experts sitting in.

With each passing day, I find my desire to do the right thing dissipating. Unfortunately, this has been difficult for me. I cannot live with contradictions, but my colleagues don't have this problem at all. They have absolutely no qualms providing suggestions that are half-baked and will only lead to greater problems down the road. Every time I do this, I find my soul shedding a tear.

My colleagues are very friendly and nice people to talk to. But I cannot understand why MAS works in such a bad way. Is it unique to MAS? Is it to unique to the Public Service? Is it unique to Singapore culture? I really don't know. The same colleagues tell me not to feel bad about it. If anything screws up, it is on MAS, not me. That is true, and perhaps necessary to convince myself to take the path of least resistance.

Alas, I hope for sunnier days, but all I see are dark clouds on the horizon.
Reply With Quote
  #686 (permalink)  
Old 15-12-2021, 10:50 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
MD already say look at other things for satisfaction instead of money. Like the satisfaction of working for MAS and serving the public. Its like being a commando. You don't do it for the money. You do it for the Honour & Glory!
When the property prices are rising and cost of living is increasing, can we tell the developers and utilities companies not to charge us so much since we have honor and glory?
Reply With Quote

  #687 (permalink)  
Old 15-12-2021, 02:05 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
When the property prices are rising and cost of living is increasing, can we tell the developers and utilities companies not to charge us so much since we have honor and glory?
MD pays everyone more than enough to cover the developers and utilities. He's just saying everyone shouldn't expect him to pay an amount that allows people to enjoy the finer luxuries in life.
Reply With Quote
  #688 (permalink)  
Old 15-12-2021, 08:08 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I really want to serve the public and be proud of what I am doing.

Unlike many others here, salary is not a big issue for me.

But everyday, my morale gets drained.

I want to get things done, but in front of me, there are 99 layers to clear. These are simple things. I do not need so many layers. These extra layers do not value-add at all, and I say this without mincing my words.

The process is a disaster. Bosses here have become so risk-averse, asking tons of immaterial questions. It has made life a nightmare for officers who want to get things done. Some things are simply unknowable until we try. Yet the bosses insist they have to be known before we even try. Can anyone see how ridiculous this it? Many of my colleagues just accept it and smoke their way through. But I want to do the right thing. Unfortunately, doing the right thing here is very hard here. People only hear what they want to hear. Taking the path of least resistance is the easiest thing to do, but it is often the wrong one. But hey, why try so hard right?

I work in a regulatory department. When I liaise with foreign counterparts, I find their thinking to be a lot more mature. They are able to evaluate situations holistically. They also have a lot more trust in their colleagues. This is unlike here. My bosses are so focused on narrow points that they miss the bigger picture. They have trouble accepting that what we currently have is in not ideal compared to foreign jurisdictions, so they force themselves to justify it. They are so afraid of explaining our regulations that our most common suggestion is for the other party to seek legal advice. They have so little trust in others that they even want to get involved in areas where there are already plenty of experts sitting in.

With each passing day, I find my desire to do the right thing dissipating. Unfortunately, this has been difficult for me. I cannot live with contradictions, but my colleagues don't have this problem at all. They have absolutely no qualms providing suggestions that are half-baked and will only lead to greater problems down the road. Every time I do this, I find my soul shedding a tear.

My colleagues are very friendly and nice people to talk to. But I cannot understand why MAS works in such a bad way. Is it unique to MAS? Is it to unique to the Public Service? Is it unique to Singapore culture? I really don't know. The same colleagues tell me not to feel bad about it. If anything screws up, it is on MAS, not me. That is true, and perhaps necessary to convince myself to take the path of least resistance.

Alas, I hope for sunnier days, but all I see are dark clouds on the horizon.
I feel u....
Reply With Quote
  #689 (permalink)  
Old 15-12-2021, 09:12 PM
Unregistered
Guest
 
Posts: n/a
Default

I concur. There are people who genuinely wish to serve SG in their own capacity but its becoming more and more challenging to do so based on some of the challenges shown.

I think the layers of clearing is quite common within public service. Just that MAS bosses are probably overdoing it and playing things too safe just to show that they "add incremental" value, where in reality it is not required (such as paraphrasing language and/or ask low value queries). They also need to understand that this is the financial sector where agility is required and typical govt practices would prove more of a hindrance.

In short, it is simply the way they show their own insecurities and under the guise of "exploring possibilities" where shortsightedness overtakes long term practicalities. The result has been the middle layers just accepting these as part of their life and give the bosses what they want to hear though not good for long term. Not optimistic on how things work within and likely this downward spiral will keep going.

Quote:
Originally Posted by Unregistered View Post
I really want to serve the public and be proud of what I am doing.

Unlike many others here, salary is not a big issue for me.

But everyday, my morale gets drained.

I want to get things done, but in front of me, there are 99 layers to clear. These are simple things. I do not need so many layers. These extra layers do not value-add at all, and I say this without mincing my words.

The process is a disaster. Bosses here have become so risk-averse, asking tons of immaterial questions. It has made life a nightmare for officers who want to get things done. Some things are simply unknowable until we try. Yet the bosses insist they have to be known before we even try. Can anyone see how ridiculous this it? Many of my colleagues just accept it and smoke their way through. But I want to do the right thing. Unfortunately, doing the right thing here is very hard here. People only hear what they want to hear. Taking the path of least resistance is the easiest thing to do, but it is often the wrong one. But hey, why try so hard right?

I work in a regulatory department. When I liaise with foreign counterparts, I find their thinking to be a lot more mature. They are able to evaluate situations holistically. They also have a lot more trust in their colleagues. This is unlike here. My bosses are so focused on narrow points that they miss the bigger picture. They have trouble accepting that what we currently have is in not ideal compared to foreign jurisdictions, so they force themselves to justify it. They are so afraid of explaining our regulations that our most common suggestion is for the other party to seek legal advice. They have so little trust in others that they even want to get involved in areas where there are already plenty of experts sitting in.

With each passing day, I find my desire to do the right thing dissipating. Unfortunately, this has been difficult for me. I cannot live with contradictions, but my colleagues don't have this problem at all. They have absolutely no qualms providing suggestions that are half-baked and will only lead to greater problems down the road. Every time I do this, I find my soul shedding a tear.

My colleagues are very friendly and nice people to talk to. But I cannot understand why MAS works in such a bad way. Is it unique to MAS? Is it to unique to the Public Service? Is it unique to Singapore culture? I really don't know. The same colleagues tell me not to feel bad about it. If anything screws up, it is on MAS, not me. That is true, and perhaps necessary to convince myself to take the path of least resistance.

Alas, I hope for sunnier days, but all I see are dark clouds on the horizon.
Reply With Quote
  #690 (permalink)  
Old 15-12-2021, 09:17 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
MD pays everyone more than enough to cover the developers and utilities. He's just saying everyone shouldn't expect him to pay an amount that allows people to enjoy the finer luxuries in life.
Wow.. A great example of standing in solidarity with the organization to the extent that it's laughable. If you are a HR rep, would prefer HR to perform more value added services for MAS' long term growth and do more for staff instead of attempting to "cover up". Life must be good there.
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
AML/Compliance/KYC professionals come in! daydreamer Income and Jobs 1859 08-05-2024 10:07 PM
Income for IT Professionals sudoku Income and Jobs 10 24-10-2014 07:20 PM
what does corporate hr executives/professionals do? lmaohaha Income and Jobs 2 12-05-2012 06:03 PM
Professionals and Managers - Is Your Pay above the Median? Salary.sg Income and Jobs 174 04-10-2009 07:42 PM
Managers and Professionals - are your Salaries above the Median? Salary.sg Income and Jobs 27 11-12-2008 10:45 AM

» 30 Recent Threads
Go to first new post Enterprise Singapore hiriing... ( 1 2 3... Last Page)
183 Replies, 235,452 Views
DBS tech seed programme ( 1 2 3... Last Page)
3,859 Replies, 1,546,692 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,824 Replies, 2,467,933 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,881 Replies, 1,495,802 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
16,985 Replies, 5,271,435 Views
GovTech ( 1 2 3... Last Page)
6,481 Replies, 2,477,200 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
834 Replies, 442,052 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,978 Replies, 4,810,875 Views
Compare civil service salary ( 1 2 3... Last Page)
16,476 Replies, 12,747,572 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
189 Replies, 322,664 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
939 Replies, 547,054 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,474 Replies, 3,541,847 Views
Career as Teacher ( 1 2 3... Last Page)
11,418 Replies, 6,992,833 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,312 Replies, 669,573 Views
CIMB Apprentice 2024
0 Replies, 102 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,230 Replies, 3,885,411 Views
Dillema: University of Melbourne... ( 1 2 3... Last Page)
65 Replies, 67,235 Views
Civil Servant Bonus Mid-2023 ( 1 2 3... Last Page)
161 Replies, 163,124 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,594 Replies, 1,436,894 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,371 Replies, 1,192,695 Views
Lawyer Salary ( 1 2 3... Last Page)
21,269 Replies, 10,635,992 Views
ST Electronics ( 1 2 3... Last Page)
3,866 Replies, 1,617,963 Views
Work in SMU ( 1 2 3)
23 Replies, 6,980 Views
Anyone from Ministry of Social and... ( 1 2)
15 Replies, 19,010 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
517 Replies, 280,160 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,432 Replies, 4,901,749 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,937 Replies, 2,956,927 Views
If you can't find a company here... ( 1 2 3... Last Page)
144 Replies, 55,339 Views
Software Engineer 0-3 YOE pay? ( 1 2 3)
29 Replies, 23,208 Views
Go to first new post Should I take up the P/T...
1 Replies, 3,362 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 05:39 PM.


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