GovTech

Originally Posted by Unregistered

Is bonus credit in end April together with performance grade result?

Yeah, everything will be asking announced on apr 30

Originally Posted by Unregistered

Is bonus credit in end April together with performance grade result?

Yup end apr got extra $$

If u don't get D

10 out of 14 companies pay
≥20% more than the market’s median

We compared how well these companies pay Software Engineers as compared to the market.

While there is no clear correlation between how well a company pays and their popularity, it is undeniable that salary is a key factor for attracting talents.

All the companies pay ≥10% more than the median, with 70% of them paying 20% more.
One interesting fact is that FAANG-ish pays very well, at 35% to 52% more than the median.

Govtech pay +12.1% more than the median. Ok?

Originally Posted by Unregistered

10 out of 14 companies pay
≥20% more than the market’s median

We compared how well these companies pay Software Engineers as compared to the market.

While there is no clear correlation between how well a company pays and their popularity, it is undeniable that salary is a key factor for attracting talents.

All the companies pay ≥10% more than the median, with 70% of them paying 20% more.
One interesting fact is that FAANG-ish pays very well, at 35% to 52% more than the median.

Govtech pay +12.1% more than the median. Ok?

In the report, that's what they said?

So I guess if I go out find job they will discount me by 12%+?

Originally Posted by Unregistered

tiagong is bad

everything getting more expensive now, most of the foods at hawker or restaurant increase 5-10%. electricity also increase.

salary hard to catch up!

Any idea C+ grating can get how many percentage increments and how many months bonus? 1st review cycle in govtech.

Originally Posted by Unregistered

Any idea C+ grating can get how many percentage increments and how many months bonus? 1st review cycle in govtech.

this year, they change pattern...no more number of months. have your division townhall briefed you?

Originally Posted by Unregistered

this year, they change pattern...no more number of months. have your division townhall briefed you?

Next week then townhall briefing...

So now is not based on no. Of months then how they determine the amount?

Originally Posted by Unregistered

Because all salary grade X people who get performance grade Y get the same amount of performance bonus. So regardless if you are earning at the bottom end or top end of salary grade X, you get the same performance bonus as others who are also salary grade X and gotten performance grade Y.

This is worse than the current system unless the performance bonus they are giving is higher than what you could have gotten with the current system.

I suspect this is intentional as many new joiners joined at near max of their grades. With this change, can give lesser bonus

Originally Posted by Unregistered

Next week then townhall briefing...

So now is not based on no. Of months then how they determine the amount?

Lol same. Next week then announce...