GovTech

those who joined Govtech from MNC, what replacement Govtech offer in replacement to RSU ? is there something similar for public sector ?

Originally Posted by Unregistered

those who joined Govtech from MNC, what replacement Govtech offer in replacement to RSU ? is there something similar for public sector ?

nope, tech for public good!

Originally Posted by Unregistered

what is the range we looking at?

depending on your competency level and grade, don expect much as the MDR is to close the gap on the lead the market.

I manage my expectation to expect 3-7% only which is good enough

Originally Posted by Unregistered

I'm not sure because I know some C grader that are not getting 6-7% even prorated.

I got 4+% prorated because I converted to perm in Sept 2021 and the increment is from April 2021 - March 2022 hence I got a pro-rated 7mths jump which I think was quite ok.

Originally Posted by Unregistered

I got 4+% prorated because I converted to perm in Sept 2021 and the increment is from April 2021 - March 2022 hence I got a pro-rated 7mths jump which I think was quite ok.

this 4% is the market adjustment or the merit increment

Originally Posted by Unregistered

nope, tech for public good!

if so, waive for our tax pls! HAHA

Originally Posted by Unregistered

I got 4+% prorated because I converted to perm in Sept 2021 and the increment is from April 2021 - March 2022 hence I got a pro-rated 7mths jump which I think was quite ok.

when u converted to perm, did you get any increments?

Originally Posted by Unregistered

if so, waive for our tax pls! HAHA

work is still working, you earn more and you pay more tax.

cannot be you take and don give back right?

might as well say I don wanna do NS cos I tech fo public good haha

Senior Management team hyped everyone up for a pay adjustment -- known as MDR internally (Market Differentiated Roles). For context this is a list of roles (mostly tech) and was told that there would be a pay adjustment to match market rates as long as your role falls in one of the positions.

Fast-forward to when everyone is expecting to receive the MDR adjustment, the management announced during a company-wide meeting (GovTech con) that it will only apply for employees who are a certain pay grade and above. Essentially junior staffs do not receive the pay adjustment.

Advice to Management

Please manage expectations among all employees better, if you are going to announce that people in the roles will receive a pay adjustment then don't give this kind of news at the very last minute.

It is things like these that contributes to the attrition rate when the grunts have no faith in their leaders.

Originally Posted by Unregistered

Senior Management team hyped everyone up for a pay adjustment -- known as MDR internally (Market Differentiated Roles). For context this is a list of roles (mostly tech) and was told that there would be a pay adjustment to match market rates as long as your role falls in one of the positions.

Fast-forward to when everyone is expecting to receive the MDR adjustment, the management announced during a company-wide meeting (GovTech con) that it will only apply for employees who are a certain pay grade and above. Essentially junior staffs do not receive the pay adjustment.

Advice to Management

Please manage expectations among all employees better, if you are going to announce that people in the roles will receive a pay adjustment then don't give this kind of news at the very last minute.

It is things like these that contributes to the attrition rate when the grunts have no faith in their leaders.

We've all learned our lessons haven't we? Next time ask more questions, try to find all the loopholes they can play.