Salary Increment Rate

[5liter]

Hi all,

I would like to seek your advice on the leave scheme (annual leave entitlement) of following industries:
1. logistics or transportation
2.manufacturing


Many thanks !

Originally Posted by Unregistered

Because I read the average in Singapore is 4.5%. Not sure how accurate it is..

my company average C grader all get around 3-3.5%, and this is average




B get 4-4.5%
A get 5-6%




so 3-3.5%, and this is average

Originally Posted by Unregistered

so high??!?!?!


even in my company

a "A" performer, when you promote, you get 8% max for just for promotion only

I was only ranked as an average performer (only my 2nd yr in this position/company). But i'm in the oil/gas industry so I guess that's why we get above average increments

Seriously, any companies that has the audacity to give below 5% should be rewarded with lots of MCs and sub-par work. salaries below 2k do not even have 100dollar increment after working for a year, what kind of respect is that? giving handouts?

Originally Posted by Unregistered

Seriously, any companies that has the audacity to give below 5% should be rewarded with lots of MCs and sub-par work. salaries below 2k do not even have 100dollar increment after working for a year, what kind of respect is that? giving handouts?

My ex company rewarded according to seniority and job level, management get bonus of a few months, execs get 13 month, non execs get no bonus, reason being company performance was bad that year,a few non execs were laid off also

Super no protection for the lower ranks, even execs felt scared

Originally Posted by Unregistered

I was even more lucky to get 200% increase when i changed job recently. Job scope is even wider, with even more regional travel required. Also Diff industry as well.

I am probably the luckiest to get 300% increase when I changed job recently. Job scope is unlimited and space travel is required sometimes and the trips can be very long especially on a business trip to Alpha Centauri. Very niche industry.

My bank's increment was only 3%...and there's for better rated performer. Majority get 2-2.5%. Bonus was 1.5 months (top performer 2 months, average performer 1 month).

Small branch of a middle eastern bank.

wonder how is the annual increment rate in those slack MNCs like european MNCs?

my increment this year was 2%. less than a 100$. after CPF deduction, even lesser. and no OT pay but OT any time, any day. i have as much freedom as a slave, the only difference is i have to pay rent and food and transportation.

[Dark_flan]

This yr gotten around 4% increment which is somewhere near national average. Bonus quite good considered not marine/ oil & gas about 4 mths speculated for this year.. Anyway I'm in the manufacturing industry.. Working in this company abt 1 yr plus only...