***NatSteel Bonus***
 

Anyone from NatSteel? I would like to know more about their AWS, variable bonus, any other benefits?

AWS 1 mth variable depend on performance. last 2 years average 5.5 mth for AM above.

what about logistics department? is this industry growing?

are you serious ? 5.5 is way above av.

i heard their base is quite low but compensate by higher bonus

my from from nus mech engineering 2nd lower join this coy in 2007 june, that time pay is $2600....

last year he even complain that even the taxi claim from the company is subject to tax?!?!?

is like wtf!!!

what has ur friend kana tax for taxi got to do with natsteel? not happy go and sue iras lor...

Taxi
 

IRAS Clarifies Tax Treatment of Travel Related Allowances and Reimbursements

Overtime meal and transport allowances or reimbursements

IRAS had announced in 2005 the concession not to tax meal and transport allowances or reimbursements if these are for overtime work at night on an ad hoc basis. Employers have given feedback that they reimburse their employees for taxi fares for recalling them to work on weekends or public holidays. Employees who do shift work may also occasionally perform overtime work during the day. To address these cases, IRAS has decided to extend the tax concession to allowances or reimbursements for meals and transport for employees working beyond official working hours (whether during their off days, weekends or public holidays), if these are on an ad hoc basis.

so what is the average bonus for normal performer?

TS applied for the sourcing lead role?