Singapore-based Crypto.com cutting 260 jobs as market meltdown worries swirl

s://.straitstimes.com/business/companies-markets/singapore-based-cryptocom-cutting-260-jobs-as-market-meltdown-worries-swirl

Can't comment on MNC X, but would strongly advise against getting into GT via Scientec. You get none of the GT benefits, you're technically not an employee of GT, and Scientec takes a huge cut of your pay from GT. Go direct whenever possible.

Coinbase is laying off 1,100 employees as Bitcoin prices continue to fall

s://.theverge.com/2022/6/14/23167219/coinbase-layoffs-crypto-winter-ceo-bitcoin-prices

That's very low. AM with 6 years experience should be at about a Grade F (senior associate) or G (manager). The annual package should be considerably better than what you're drawing.

Recession coming liao... sianz...

Recession everyone come GovTech, talent boost

whch dept to aim for in GovTech?
 

GovTech Org Chart
s://.tech.gov.sg/images/our-team/GovTech%20Org%20Chart%20(Effective%208%20Aug%20201 9).pdf

so many see until blur, any insiders know which dept is best or which to avoid?

404
Page not found :(

The requested page could not be found.

tiagong avoid SVC unless u in special team like meteor or ESTL (where u are somewhat treated like HQ) otherwise SVC is dog life in agency. hear say de.

ESTL is which agency?

replace s with

h t t p s

h t t p s://.tech.gov.sg/images/our-team/GovTech%20Org%20Chart%20(Effective%208%20Aug%20201 9).pdf

parked under MOE, you wont find it in agency as they hire directly and posted straight to ESTL. they are neither MX nor GEO and are under Govtech's own scheme as well

mind to explain more why?

So after adjustment those grade G base pay around 9k-9.5k liao ?

where got so high? you refer to ceiling? heard say range is 5.x - 8.x k last time

now all new hire only contract? how they determine to give you perm or contract?

Yes 2 yr renewable

After all the adjustment and aws in monthly

so will they cut fresh grad pay?

Govt don't cut base pay one. At most cut AWS/ bonus.

siao la. govtech cannot recognise url?

last heard said got benefits change, when will announce?

can ppl describe what kind of projects u work on in govtech?

it seems like a directionless, no focus kind of place since theres no emphasis on profits

i only know of TT

Cannot share of cos, just follow the flow as long as u get salary

i will say that it is decentralized by design, team A has no visibility into projs done by team B even though both from the same division.

also, there is many high level blueprints and roadmap of engineering digital govt, if you read up on those. so yes there is a high level direction.

lastly, for the profits part that is not quite true as well. GT actl charges for most projects.

there are so many departments in GT.
the job positions in job portals so many, some same pos title but diff job description.
(see till blur liao)

in short, is it just avoid agency hire or post by GT to other ministries etc.
then go direct hire and straight work in HQ, no matter what dept, this is the best route liao??

how is the morale on the ground after the May increments?

What do you think? Lol.

We only know the rationale of MDR but not how it is calculated. Assuming 2 person with the same YoE and background, can we take it that both will take home similar pay, differences perhaps due to performance?

Also if market were to tank, would this MDR is reduced to zero?

Want to retain staff with this additional top up but yet set many "competency" requirements that can be subjective, how to keep people from worrying and bail out when able to?

agreed, where is the transparency?

competency requirement as in get those cert?

I'll say not bad generally. Most grumbling are toxic trolls here.

Pay is in the eye of the beholder, some people need to fund inflated lifestyles

Some people raise families on 4k and make less complaints

Been 6 days including wkend since my 2nd interview.
Should I drop email to hr to ask if im still in race
Or wait patiently?

u are interviewing for direct role issit? 2nd interview as in 6 days ago u submitted ur technical assessment? or 2nd interview past ur tech assessment?

no harm dropping email to hr as with all other interviews GovTech or otherwise...

copied from OGP thread s://forums.salary.sg/companies/14647-open-government-products-under-govtech.html#post223141

- doesn't have to comply with IM8/ govt infra/ security/ HR standards and still can boast that they are more lean/agile than other dev units. That's like comparing 100m sprint speeds in running vs swimming.
- main value proposition is that they can bypass aforementioned standards
- spends 1/12 of the year on "hackathons" churning out semi-useless vanity projects
- even after said hackathons, most useful products are still google forms, bitly and jekyll clones. so innovative.
- shuns anything touching the wog intranet , which is where > 95% of public officers pain points reside. and can still claim that they "listen" and "build for the user".
- is staffed disproportionately by psc scholars but claim they they are inclusive etc.
- only exists because of a certain someone with a certain relation

what so special about OGP?

Got special privileges lor. Their pay structure different from govtech one (hint: much higher).

Let the obvious answer stay in the ogp thread. No need to try to start a flaming contest. I would rather complain on the im8 thats totally outdated and doesnt work in todays cloud infra

why much higher?