Originally Posted by Unregistered (Post 182259)

Oh I see, so MVC is common practice ? As it is my first time see this.. Thanks.

Originally Posted by Unregistered (Post 184545)

You are the joke if you think ST will be immune to changes including closure.
And if you can't survive when ST closes, you need to rethink your competitiveness.

Originally Posted by Unregistered (Post 184566)

ST is strategic partner to MINDEF. If ST closes means this country has gone to the dogs

Originally Posted by Unregistered (Post 184586)

Spoken like a true fool.
Are you going to put a stamp that nothing will change in the next decades to come?

Strategic partner means subjected to the conditions of the strategy eg. Political governance shifts, major restructuring, delisting, conversion to non profit arm etc. Maybe it might not happen this year or next. But nobody knows how long it lasts. 10? 20? But some of the posts here show the disconnect and overconfidence that nothing will change this contentment... Until something happens. Lehmans, afghanistan, brexit, covid etc are lessons that fools like you are doomed to not learn.

Meanwhile I will continue to keep upgrading myself, stay competitive and increase my chance of survival as ready as possible for any changes.

Originally Posted by Unregistered (Post 184586)

Spoken like a true fool.
Are you going to put a stamp that nothing will change in the next decades to come?

Strategic partner means subjected to the conditions of the strategy eg. Political governance shifts, major restructuring, delisting, conversion to non profit arm etc. Maybe it might not happen this year or next. But nobody knows how long it lasts. 10? 20? But some of the posts here show the disconnect and overconfidence that nothing will change this contentment... Until something happens. Lehmans, afghanistan, brexit, covid etc are lessons that fools like you are doomed to not learn.

Meanwhile I will continue to keep upgrading myself, stay competitive and increase my chance of survival as ready as possible for any changes.

Originally Posted by Unregistered (Post 184576)

Your appointment will commence at a basic salary of S$xxxx per month which
is inclusive of the monthly variable component amounting to 10% of your latest
monthly basic salary at this time. Please note that this variable component may be
reviewed over time.

curryneh
i am getting lesser than the % on contract, who can i seek help?

Originally Posted by Unregistered (Post 184676)

You NV read last line? This variable will be reviewed overtime, mean they can give you lesser than 10% or more than 10% on their liking

Originally Posted by Unregistered (Post 184722)

joined recently, look like only i have this mvc sia. My few other new colleagues E6 n above dont have this.
i am perm same as them, can get performance bonus right? cause my offer letter never put.

Originally Posted by Unregistered (Post 184545)

You are the joke if you think ST will be immune to changes including closure.
And if you can't survive when ST closes, you need to rethink your competitiveness.

Originally Posted by Unregistered (Post 183286)

I left more than 6 months ago and joined a MNC recommended by a friend with a lot of help from him and guidance. When i joined the MNC, I had a big culture shock. In mnc, you really have to do work and they really follow up. Every project is about cost and output so you don't have redundant projects hanging around doing nothing. The discipline is hard and i always have to catch up on my skills. I felt like a fresh grad out of ST with no skills that can be used. I didn't get confirmed during my 3rd month probation because i really can't catch up. But i finally got confirmed by my 6th month after putting in a lot of effort. The pros are i now i get real industry sought skills, worldwide exposure, opportunities to get professional certifications. The cons are, you really have to catch up. The pace is very different. But i have no regrets leaving.