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17-05-2020, 08:25 PM
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Quote:
Originally Posted by Unregistered
Wat abt those who are just promoted? Is their pay being cut? Do u tink its fair for them? They supposed to receive merit increment.
Dun anyhow say and assume wor u bloody idiot.
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You see in June when they announce. What anyhow say.
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17-05-2020, 08:32 PM
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Yeah… I'm thankful to have a stable job right now, really.
Quote:
Originally Posted by Unregistered
Yes very very likely.
very difficult to justify civil service bonus when pte sector is retrenching leh
Continued pay increment will strike a chord of discordance
Civil service is for the people. Servants of people, when people are suffering how can we continue accord bonus to ourselves.
Hopefully just no bonus but no paycut
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17-05-2020, 09:07 PM
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Quote:
Originally Posted by Unregistered
You see in June when they announce. What anyhow say.
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Don't understand why people are so concern about MVC if it is going to be implemented in June. As economy is bad and everywhere is exercising cost cutting regardless CS, PS or private. Either more work or less work to do, it is inevitable that we are heading into recession.
MVC is just temporary and when economy back on track, you will get your normal pay.
And probably there is no bonus and pay freeze next year but it is across all industry (maybe minority excluded).
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17-05-2020, 10:21 PM
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Quote:
Originally Posted by Unregistered
Don't understand why people are so concern about MVC if it is going to be implemented in June. As economy is bad and everywhere is exercising cost cutting regardless CS, PS or private. Either more work or less work to do, it is inevitable that we are heading into recession.
MVC is just temporary and when economy back on track, you will get your normal pay.
And probably there is no bonus and pay freeze next year but it is across all industry (maybe minority excluded).
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Yes agree we are all in this together.
Helping the nation survive this crisis is more impt
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17-05-2020, 10:32 PM
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Quote:
Originally Posted by Unregistered
Don't understand why people are so concern about MVC if it is going to be implemented in June. As economy is bad and everywhere is exercising cost cutting regardless CS, PS or private. Either more work or less work to do, it is inevitable that we are heading into recession.
MVC is just temporary and when economy back on track, you will get your normal pay.
And probably there is no bonus and pay freeze next year but it is across all industry (maybe minority excluded).
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It could mean pay cut of 10% and even more if you are in management. This is substantial. With lower pay, employer cpf contribution is also affected.
.businesstimes.com.sg/government-economy/national-wages-council-recommends-lower-mvc-or-10-of-basic-pay-if-cuts-needed%3famp
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18-05-2020, 12:10 AM
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Quote:
Originally Posted by Unregistered
It could mean pay cut of 10% and even more if you are in management. This is substantial. With lower pay, employer cpf contribution is also affected.
.businesstimes.com.sg/government-economy/national-wages-council-recommends-lower-mvc-or-10-of-basic-pay-if-cuts-needed%3famp
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If you are in the management, I would expect you to get more than $6k per month even with 10% reduction. I don't think there is any change to the CPF contributions.
Not only CS and PS has MVC, many private companies also include MVC into the employment contract. Seriously have to think from country economy point of view, if MVC activation will help the country tide over this critical period.
Do you think the minister cut their pay for fun? Or private companies exercise pay cut or get staff to take unpaid leave for leisure?
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18-05-2020, 09:15 AM
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pay cut means pple will tend to reduce discretionary spending, lowering domestic consumption
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18-05-2020, 09:32 AM
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Quote:
Originally Posted by Unregistered
pay cut means pple will tend to reduce discretionary spending, lowering domestic consumption
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Or rather to see companies close down and more people get 0% salary, then government has to spend more to support employment?
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18-05-2020, 10:13 AM
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Quote:
Originally Posted by Unregistered
Or rather to see companies close down and more people get 0% salary, then government has to spend more to support employment?
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i'm not saying don't cut pay
if rly a question of degree
believe majority of workforce is employed by the public sector
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18-05-2020, 11:04 AM
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Quote:
Originally Posted by Unregistered
i'm not saying don't cut pay
if rly a question of degree
believe majority of workforce is employed by the public sector
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Public sector is the biggest single employer. But private sector is still the majority taking into consideration MNCs, SMEs and etc.
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