Which is why I say everyone can see through the sweet talks to "retain talent" because what they promised and what eventually takes place are two different stories.

I used to have a colleague who was very experienced and hardworking. Lead many projects with high customer satisfaction. This colleague was headhunted by another MNC with supposedly good salary and progression.

Few years on, the bosses feel that this former colleague would fit well into a leadership role given the experience with the past projects and existing role at the MNC. Somehow they knew this colleague was leaving for another MNC so they tried to get this person back. They almost succeed, until the role was given away to the big boss favourite. End up the offer was only an M2 grade as a team lead and not M3 grade as manager and of course, reduced remuneration. This former colleague ended up joining with the other MNC which counter-offered.

The funniest thing was the bosses can bad mouth about this ex-colleague not keeping to the end of the promise.

You see the way they reorg la. From the investor point of view or from the ceo perspective its like. Reorganisation of the whole company structure... Make it sounds so interesting....

But practically it's just a legal name change. Same office. Same location. Same people. Different boss, different reporting officer, different legal name, different job title but same pay

you forgot to include more work too. Engineers are basically getting stretched out across more projects than before.. justification was to "save cost"

Agreed.

Why need to promote people to VP, SVP or AVP. Just look at the current structure. How many key leadership positions are truly "groom" by ST. Mostly are parachuted from SAF or government bodies. Alot are retired generals, no where to go so park at senior management of ST. Not sure what are the exact revenue they are bringing to ST. But i'm sure they are bring the SAF and military culture to ST.

With those people parachuting taking up position and middle management no where to go. How to promote people?

Why need promotion..

This is very true. Also, the benefits during the previous President tenure compared to the guy parachuted in was heaven and earth in comparison.

is there bonus ?

Yes. Bonus is you still have a job

wow not bad, any openings recently?

How is ST satellite systems? I just applied there. Any idea in the job grade for engineer?