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29-10-2012, 07:43 PM
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Quote:
Originally Posted by Unregistered
bonus for SIA in 2011 = 1aws + 3.75mth
bonus for SIA in 2012 = 1aws + 3.5mth
the figure I got from my friends in SIA
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where did you get your sources from? I heard from my friends that last year bonus payout was less than 1!
no doubt that they are expanding their fleet... but they stopped hiring cadet pilots! only goes to show where they are putting their priorities......
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30-10-2012, 01:31 AM
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Quote:
Originally Posted by poor and stupid
Omg, there are tons of thing you can do after leaving CPIB, you "know" rite hehehe.
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Care to share more of you "know" rite?
U mean ISD or other civil service jobs?
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30-10-2012, 08:23 PM
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hello. does anyone know how SIA views a law grad with a 2:2 applying for a career as an AO? are they picky about a 2:1 even if its not for their legal dept and the job isnt law related? thanks!
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30-10-2012, 10:34 PM
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Quote:
Originally Posted by Unregistered
Your friend is either poor performer or smoking you.
SIA has agreement with union that unless co. record losses, bonus will not go below 3 mths, that means by co policy the bonus for execs and managers will always be +/-0.5 mths around what the union get. My friend who work at the corporate office last year got 4.5 mths (exc AWS) as A perfomer
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i really wonder how trustworthy your friend is. 2 facts which you can easily refer to their most recent financial statement, SIA works on a profit sharing bonus scheme, which means that all employees( except for top management) are entitled the same amount of bonus! It doesn't matter if you are a good or bad performer, because everyone gets the same amount! If you compare the financial records for the past 2 years, year on year profit has decreased substantially by 78%! do you still think the company can offer 3 months of bonus?
Please put in some effort to get your facts right to substantiate your claims!
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31-10-2012, 02:14 AM
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Senior Member
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Join Date: May 2012
Posts: 68
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This is probably a bit too late to advise the TS but I would take SIA AO anytime.
The Administrative Officer post is equivalent to an MA program in your usual regular consumer goods, FMCG companies.
Why the heck will you want to forgo an SIA 'MA' program for a kukubird CPIB officer position? Starting salary for CPIB may be higher but there is obviously a glass ceiling, as with any other farmer/public service position. Best part of the SIA AO post is that industry experience in SIA can easily be carried over elsewhere. Join CPIB and you're going to rot there for the rest of your life.
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31-10-2012, 09:30 AM
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Quote:
Originally Posted by Unregistered
i really wonder how trustworthy your friend is. 2 facts which you can easily refer to their most recent financial statement, SIA works on a profit sharing bonus scheme, which means that all employees( except for top management) are entitled the same amount of bonus! It doesn't matter if you are a good or bad performer, because everyone gets the same amount! If you compare the financial records for the past 2 years, year on year profit has decreased substantially by 78%! do you still think the company can offer 3 months of bonus?
Please put in some effort to get your facts right to substantiate your claims!
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Like I say, the agreement with union is that as long as SIA profitable, bonus will not go below 3x. You yourself say profit decrease, ie still profitable. There is a big difference between profit decrease and not profitable! Besides I believe bonus is measured on internally calculated "real" profits that does not follow the standard FRS profits.
BTW for the common folks bonus pool is tied to profitability, but that is not the same as "profit sharing". The profit sharing plan is only open up to senior management. You should read properly what others are saying and understand more about the different bonus plans before shooting from the hip. I only left SIA last year and my friend still inside, not much has changed bonus wise, please do not pontificate to others just base on a few faulty assumptions and cursory reading through financial reports.
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31-10-2012, 11:22 AM
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Verified Member
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Join Date: Oct 2012
Posts: 14
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Quote:
Originally Posted by Unregistered
Hi,
care to share how long did u wait for CPIB to call u for interview? and what is ur class?? cos i applied for the position last week. but my class isn't good.
thanks in advance!!
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I applied in July they called me like end sept-early oct, my class is 2:1
I'm thinking they will call you next year or something since the recent ad state that the trg will commence July 2013
Last edited by kip; 31-10-2012 at 11:24 AM.
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31-10-2012, 02:21 PM
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Quote:
Originally Posted by Unregistered
Like I say, the agreement with union is that as long as SIA profitable, bonus will not go below 3x. You yourself say profit decrease, ie still profitable. There is a big difference between profit decrease and not profitable! Besides I believe bonus is measured on internally calculated "real" profits that does not follow the standard FRS profits.
BTW for the common folks bonus pool is tied to profitability, but that is not the same as "profit sharing". The profit sharing plan is only open up to senior management. You should read properly what others are saying and understand more about the different bonus plans before shooting from the hip. I only left SIA last year and my friend still inside, not much has changed bonus wise, please do not pontificate to others just base on a few faulty assumptions and cursory reading through financial reports.
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That's what I understand from the old birds as well, but IIRC it is a gentleman's agreement and not a legal agreement, so far at least for the past 15 years SIA never go against agreement, but legally if worst come to worst they can don't pay even if they are profitable.
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