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15% pay cut from private sector to teach in Polytechnic

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  #41 (permalink)  
Old 25-04-2011, 09:32 PM
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this is the 2008 scheme. think the poster was refering to the inflation adjusted one to account for economic recovery (aka high inflation rates) in 2010.

here is the announcement. Civil service is usually faster than public service as public service has autonomy to enforce in their own time. so likely your poly is a bit slower.

Budget 2011 Higher pay for civil servants this year - Channel NewsAsia

anyway if it makes you feel better, inflation makes things more expensize so even if pax3 is 12k+.. he probably can only buy the same things he could buy with 10k+ in 2008..
Yup, i'm from a poly and the benchmarks have indeed risened to match the alarming inflation experienced over the last 3 years.
however I must add that while Bars and Caps were raised, salaries stayed normal so it translates basically to people needing to wait longer before they hit their salary to be considered for promotion! managers's who are slated for AD's next year might need to wait another 2 years just to hit the salary mark.

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  #42 (permalink)  
Old 26-04-2011, 07:48 AM
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Yup, i'm from a poly and the benchmarks have indeed risened to match the alarming inflation experienced over the last 3 years.
however I must add that while Bars and Caps were raised, salaries stayed normal so it translates basically to people needing to wait longer before they hit their salary to be considered for promotion! managers's who are slated for AD's next year might need to wait another 2 years just to hit the salary mark.
Which poly are you from? You mean that there was a market adjustment on the bar and cap and no salary adjustment? That is not right as it does not help match pay to market, which is what market adjustment is for. When did the new salary scheme takes place? Any idea what is the new range for PAX4A? I was offered on PAX4 just a month ago and above the bar and the stated salary range on the LOA is still on the old scheme which max out at 8250. If they adjusted the bar and my salary falls below the bar, does it means that I am subjected to the "2 years of very good performance" before I can cross the bar? What about those that has cross the bar and now is below the bar? Do they then need to redo the "2 years very good" performance before they cross the bar again?



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  #43 (permalink)  
Old 27-04-2011, 04:39 PM
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no updates?

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  #44 (permalink)  
Old 29-04-2011, 12:06 PM
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Which poly are you from? You mean that there was a market adjustment on the bar and cap and no salary adjustment? That is not right as it does not help match pay to market, which is what market adjustment is for. When did the new salary scheme takes place? Any idea what is the new range for PAX4A? I was offered on PAX4 just a month ago and above the bar and the stated salary range on the LOA is still on the old scheme which max out at 8250. If they adjusted the bar and my salary falls below the bar, does it means that I am subjected to the "2 years of very good performance" before I can cross the bar? What about those that has cross the bar and now is below the bar? Do they then need to redo the "2 years very good" performance before they cross the bar again?

the bar serves is a bench mark for promotion. once you hit the bar for your PAX, you will be considered for promotion.

that being said, it is unlikely to be offered a salary in a PAX above the bar.
you are probably pegged to the new scheme.
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Old 29-04-2011, 12:08 PM
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the bar serves is a bench mark for promotion. once you hit the bar for your PAX, you will be considered for promotion.

that being said, it is unlikely to be offered a salary in a PAX above the bar.
you are probably pegged to the new scheme.

in face minimally your starting offer should be 2 increments less than the bar to fulfill the 2 years of good performance
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Old 30-04-2011, 02:26 AM
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in face minimally your starting offer should be 2 increments less than the bar to fulfill the 2 years of good performance

Announcement made today about salary adjustment:

NWC says firms should grant wage rises reflecting strength of economy - Channel NewsAsia
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  #47 (permalink)  
Old 30-04-2011, 08:52 AM
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[QUOTE=Unregistered;11664]the bar serves is a bench mark for promotion. once you hit the bar for your PAX, you will be considered for promotion.

that being said, it is unlikely to be offered a salary in a PAX above the bar.
you are probably pegged to the new scheme.[/QU

I specifically asked if my offered is higher the bar and the HR say yes and it is also showed in the LOA that it it is higher than bar. Now the new scheme talk is making me to re-consider again. Do yo have the new scheme? where can i find it?
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  #48 (permalink)  
Old 01-05-2011, 12:04 AM
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how? anyone can post the new salary scheme if there is? I check out with 1 of my friend working in poly and no news on salary scale revision....
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Old 05-05-2011, 09:11 AM
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Anyone has the most updated salary scale? how about the poster that share the higher range? Can you post the revised salary range?
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Old 16-05-2011, 10:13 AM
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Yup, i'm from a poly and the benchmarks have indeed risened to match the alarming inflation experienced over the last 3 years.
however I must add that while Bars and Caps were raised, salaries stayed normal so it translates basically to people needing to wait longer before they hit their salary to be considered for promotion! managers's who are slated for AD's next year might need to wait another 2 years just to hit the salary mark.
I went around checking with my various poly contacts from different poly and seems like there is no such adjustment. Which poly are you from and can you publish the new ranges in your poly?
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