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08-05-2024, 09:58 PM
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Quote:
Originally Posted by Unregistered
Just received an offer from lta, lte8 deputy manager about 6.5 k, mx12. HR told me there is a MArket adjustment component added on top of the base, which is 1.7k, I was surprised that LTA pay so.much more than other stat board. Anyone knows why only LTA pay monthly basis Mac?
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how many years of experience do you have since graduation
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08-05-2024, 10:07 PM
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Quote:
Originally Posted by Unregistered
You are deputy project manager or deputy manager. MAC (market adjusted component) is usually paid out once a year and often 1-2months.
And if I not wrong only RAIL related division has it
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All engineering track receives MAC, ranging from 1-2 months depending on national economy. LTE8 6.5k is about right. But I’m more curious about the 1.7k MAC component that OP claimed, that is like HR guaranteeing you ~3.1 months of MAC every year, which is bs. Unless OP mistaken that as MAC+MYB+YEB+13th month
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08-05-2024, 10:24 PM
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Quote:
Originally Posted by Unregistered
You are deputy project manager or deputy manager. MAC (market adjusted component) is usually paid out once a year and often 1-2months.
And if I not wrong only RAIL related division has it
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I am offered deputy manager, not deputy project manager. also not from rail related.
HR told me it's paid in monthly basis, means 6.5 + 1.7 = 8.2k gross per month.
It seems only LTA is paying this MAC on monthly basis as I am currently working at another SB and dont have this.
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08-05-2024, 11:12 PM
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Quote:
Originally Posted by Unregistered
I am offered deputy manager, not deputy project manager. also not from rail related.
HR told me it's paid in monthly basis, means 6.5 + 1.7 = 8.2k gross per month.
It seems only LTA is paying this MAC on monthly basis as I am currently working at another SB and dont have this.
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I think either you got it wrong or hr is lying to you. MAC is NEVER on a monthly basis.
It is UP TO 1.7 months. You are not guaranteed this amount. The amount is determined based on the economy and budget. That is it. There are people that are in the same division but ended up never receiving MAC. Some get it some don't.
Your salary is $6.5k x 12 months = $78k + UP TO 1.7 months = 79.7k.
It is not $8.2k. LTA is not govtech.
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08-05-2024, 11:22 PM
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Quote:
Originally Posted by Unregistered
I think either you got it wrong or hr is lying to you. MAC is NEVER on a monthly basis.
It is UP TO 1.7 months. You are not guaranteed this amount. The amount is determined based on the economy and budget. That is it. There are people that are in the same division but ended up never receiving MAC. Some get it some don't.
Your salary is $6.5k x 12 months = $78k + UP TO 1.7 months = 79.7k.
It is not $8.2k. LTA is not govtech.
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Well, ITCD ppl does receive MAC that is divided over 12 months. But I join in your suspicion that OP is either BSing or mistaken. While 6.5k for LTE8 is about right, being guaranteed 1.7k is equivalent to 3.1 months of MAC bonus which is a bit far fetched. MAC depends on national economy. I suspect OP is mistaken and the 3.1 months component is actually MAC+MYB+YEB+13th month.
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09-05-2024, 08:35 AM
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Quote:
Originally Posted by Unregistered
Well, ITCD ppl does receive MAC that is divided over 12 months. But I join in your suspicion that OP is either BSing or mistaken. While 6.5k for LTE8 is about right, being guaranteed 1.7k is equivalent to 3.1 months of MAC bonus which is a bit far fetched. MAC depends on national economy. I suspect OP is mistaken and the 3.1 months component is actually MAC+MYB+YEB+13th month.
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I have confirmed this at least two times with HR verbally, though I haven't received my formal letter yet, I don't think hr was bluffing me. The exact number is 1740, paid on top of base every month
. Of course you have all your right to treat my words as bs, but swear to god, I am sharing what i knew here.
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09-05-2024, 09:12 AM
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Quote:
Originally Posted by Unregistered
I have confirmed this at least two times with HR verbally, though I haven't received my formal letter yet, I don't think hr was bluffing me. The exact number is 1740, paid on top of base every month
. Of course you have all your right to treat my words as bs, but swear to god, I am sharing what i knew here.
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How many YOE do you have?
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09-05-2024, 01:22 PM
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Quote:
Originally Posted by Unregistered
I have confirmed this at least two times with HR verbally, though I haven't received my formal letter yet, I don't think hr was bluffing me. The exact number is 1740, paid on top of base every month
. Of course you have all your right to treat my words as bs, but swear to god, I am sharing what i knew here.
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Well if what you said is true, then HR has some serious questions to answer - why is ITCD being paid so much more than engineering, which is the CORE business of LTA. Their PB payout is already much higher than engineering track for the same performance rating. It’s just insulting considering rail’s ridiculous work load, site hazards and graveyard shifts.
Also to OP, suggest you not reveal such accurate figure (down to $40?) to avoid HR identifying you. But appreciate you sharing here, and that begets further questions… how is HR able to give you a figure so accurate, like down to $40? Does that mean ITCD MAC is fixed? Which is even more unfair.
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09-05-2024, 01:29 PM
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Quote:
Originally Posted by Unregistered
Well, ITCD ppl does receive MAC that is divided over 12 months. But I join in your suspicion that OP is either BSing or mistaken. While 6.5k for LTE8 is about right, being guaranteed 1.7k is equivalent to 3.1 months of MAC bonus which is a bit far fetched. MAC depends on national economy. I suspect OP is mistaken and the 3.1 months component is actually MAC+MYB+YEB+13th month.
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Good reasoning. But OP let us know once you received the official letter. I am working in LTA right now and my MAC is paid on a yearly basis (~0.8-1.5months). Would like to know if policies have changed or a truly blur HR is in existence at our company
😄
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