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Q: Big4 - Yearly salary increment

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  #10721 (permalink)  
Old 30-06-2023, 10:10 PM
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every so often, this topic comes up again as the ones who know the answer has 'graduated' and a new batch of freshies come in..

we need to keep some kind of FAQ here man

===================

Who is covered under Part IV
Part IV of the Employment Act, which provides for rest days, hours of work and other conditions of service, only applies to:

A workman (doing manual labour) earning a monthly basic salary of not more than $4,500.
An employee who is not a workman, but who is covered by the Employment Act and earns a monthly basic salary of not more than $2,600.

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  #10722 (permalink)  
Old 30-06-2023, 10:23 PM
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Congrats, let's give a round of applause to welcome our lowball king blue to the stage.
please elaborate

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  #10723 (permalink)  
Old 30-06-2023, 10:42 PM
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Quote:
Originally Posted by Unregistered View Post
every so often, this topic comes up again as the ones who know the answer has 'graduated' and a new batch of freshies come in..

we need to keep some kind of FAQ here man

===================

Who is covered under Part IV
Part IV of the Employment Act, which provides for rest days, hours of work and other conditions of service, only applies to:

A workman (doing manual labour) earning a monthly basic salary of not more than $4,500.
An employee who is not a workman, but who is covered by the Employment Act and earns a monthly basic salary of not more than $2,600.

wa smelly exception sia

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  #10724 (permalink)  
Old 30-06-2023, 10:59 PM
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The MOM website even specifically list “Chartered Accountant” as an exception to the people covered by the Act. If you didn’t know this, you’re probably quite young huh.

Who is a manager or executive

In general, managers and executives are employees with executive and supervisory functions.

Their duties and authority may include one or all of the following:

Making decisions on issues such as recruitment, discipline, termination of employment, performance assessment and reward.
Formulating strategies and policies of the enterprise.
Managing and running the business.
They also include professionals with tertiary education and specialised knowledge or skills whose employment terms are like those of managers or executives. For example:

Advocates and solicitors
Chartered accountants
Practising doctors and dentists
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  #10725 (permalink)  
Old 30-06-2023, 10:59 PM
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*Part IV of the Employment Act,

We are still covered by the other parts.

So yah, not illegal to OT.
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  #10726 (permalink)  
Old 30-06-2023, 11:28 PM
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Quote:
Originally Posted by Unregistered View Post
The MOM website even specifically list “Chartered Accountant” as an exception to the people covered by the Act. If you didn’t know this, you’re probably quite young huh.

Who is a manager or executive

In general, managers and executives are employees with executive and supervisory functions.

Their duties and authority may include one or all of the following:

Making decisions on issues such as recruitment, discipline, termination of employment, performance assessment and reward.
Formulating strategies and policies of the enterprise.
Managing and running the business.
They also include professionals with tertiary education and specialised knowledge or skills whose employment terms are like those of managers or executives. For example:

Advocates and solicitors
Chartered accountants
Practising doctors and dentists
This is sad. This allows abuse of staff to work more.
how to work less hours in big4?


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  #10727 (permalink)  
Old 01-07-2023, 01:03 AM
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Quote:
Originally Posted by Unregistered View Post
Congrats, let's give a round of applause to welcome our lowball king blue to the stage.
don't speak so early la, skali the other colors lowball even more unless got proof to show other colours provide more bonus than us yo
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  #10728 (permalink)  
Old 01-07-2023, 02:20 AM
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Mgr come out can command at least 9.5k bruhh why u so cui?
Ya then all shld come out lol. Dreaming sia. Keep the sg dream alive while jhk get ur job at 5k
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  #10729 (permalink)  
Old 01-07-2023, 10:13 AM
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Ya then all shld come out lol. Dreaming sia. Keep the sg dream alive while jhk get ur job at 5k
their 5k is 15k now.
5k minus rent 1k = 4k
still got about 12k ish.
so cannot really compare cos their spending power is higher than most of us.

MOM shud have stricter control over msians working in sg.
it kind of ruined the labor market for locals.
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  #10730 (permalink)  
Old 01-07-2023, 10:22 AM
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their 5k is 15k now.
5k minus rent 1k = 4k
still got about 12k ish.
so cannot really compare cos their spending power is higher than most of us.

MOM shud have stricter control over msians working in sg.
it kind of ruined the labor market for locals.
I dun really understand this

Prices are not 1:1 so how to compare like that?
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