This sounds quite stressful... The increment mentioned can't even outpace inflation. So the salary is getting smaller each year...

This is due to profit driven management with their kpi set by senior management mah.

You don't know they have to answer to investor so every year very concern about the financial curve etc.

So every division / department need to be lean and mean.
So manager get to keep their good high pay.
Just cut and starve the engineers.

That's how many division been doing it for years.
So the engineers who have skills quit etc. End up division can't deliver goods.
Can't innovate. Can't hit sales.

So end up? You'll think let's change the manager cause clearly they can't boost the business sales so why keep high paid managers? Right?

Nope. Wrong. When division can't sustain, cut manpower, cut outsource, cut admin, cut spending.
Cut budget, cut allowance, like recently my division is already starting to be particular about OT claim.

Before this, must OT cause less manpower... Covid. Deadline same.
Then management know asking can reduce OT or not. Cut resource. Then also want to cut OT.
But deadline still must meet.

Then when this disaster is saved... Engineers burnt out, quit. Low increment. Bonus doesn't match the extra hard work. No promotion...

And ofc manager get promoted even higher...
What logic.

Suggest those who are good/above average best to apply for jobs and tender quickly.
It will be great the masses of good ones leave together. This will send a clear message to the top.

Let's make the share price tank together

You're talking about managers who been here since ST started...
Like 30 years kind.
All immune liao.

You quit. So? Hire next batch. They will keep going higher.
House get bigger.
Car get bigger.

Yep you think you M2 big shot.quit lo.then we can promote those M1...

Everyone is aiming long game in ST la.
All scratch each other back to survive but all back stab each other to climb.
Cause you want to retire with 6k pay or 16k pay.

You choose.
Even when old managers try to recruit young new talent.
Only to piss old folks off.

I would say the problem is rhe ST feels very old.
It's a old company. Old man company.
Hard to revitalise an old retirement company.

That’s why everyone have to consolidate and one shot tender. They will be scrambling to find replacements

Already lost a few guaranteed projects from defence.
Cause old management assumed will confirmed get.
And never put in effort to win it.
Or maybe scared to win it then no engineers to deliver it.

there will always be people who will stay on even it if sucks so it will never hurt the company enough.

You all think this is gamestop ah