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Originally Posted by Unregistered

nope didnt get.
but i think its kind of unfair. MAC is mean for engineer as part of their package.
by cutting MAC, engineer pay cut.
but other staff who are not entitled with MAC didnt have ang pay cut

does it mean that only engineers need to bear the bad economic outlook?
not to forgot most engineers are also essential service staff and are working on the ground, not management staff

Not happy quit lor. Talk so much for what. Lol.

s://.straitstimes.com/singapore/manpower/mas-urges-financial-institutions-to-groom-local-leaders-and-grow-singaporean

Further to MAS's call to boost local Singaporean headcount in finance, the government must also retract the encroachment of CECA in the following core Singaporean pillars of society:
- Engineering.
- IT.
- Accounting.
- Medical.

Or else all the experienced Singaporean staff will be flushed to the drain thanks to skill-no-future courses and blindness of the ministers in charge.

Originally Posted by Unregistered

a fairer means will be to cut pay say 5% across the board or cut PB across the board instead of removing MAC which is only for a portion of the employee

lucky i am on specialised scheme, the part of the bonus equivalence to mac is already merged into my base pay. i will not be affected as long as there is no pay cut.

if there is, still EVERYONE will cut together which is fair.
suggest you look for opportunity at other agencies or min that offer specialised scheme for your expertise.

btw, i am from IT in GovTech.

Originally Posted by Unregistered

Not happy quit lor. Talk so much for what. Lol.

yup, actually this is my last MAC before transferring to another agency who offer specialised scheme with bulit-in higher base pay.

anyway, HR told me MAC is not 100% cancel yet, it is just postpone to end of the year. I can still proceed to transfer as plan and it will not affect the payout.

Originally Posted by Unregistered

MAC, as the name suggests, is adjusted based on Market performance. Given that the market is doing badly, just be happy that there is no cut to the base pay. Instead, I feel that the MAC should be a negative component and be cut against the basic wages for engineers. In good years you get more, lousy years your pay should be cut. That's fairer.

good analogy. agree that the elite should bear higher consequences during time of crisis. well said!

does it mean that only engineers need to bear the bad economic outlook?
not to forgot most engineers are also essential service staff and are working on the ground, not management staff[/QUOTE]

Agree with this. Really unfair that most of us engineers are working tirelessly some even on site during cb period and didn't receive our MAC. It was introduced as a form of retaining specialised skills in IT, engineering etc. and by not giving won't it defeats the purpose in retaining these skills? I foresee a number of engineers leaving due to this.

Originally Posted by Unregistered

yup, actually this is my last MAC before transferring to another agency who offer specialised scheme with bulit-in higher base pay.

anyway, HR told me MAC is not 100% cancel yet, it is just postpone to end of the year. I can still proceed to transfer as plan and it will not affect the payout.

Good for you then. If so what's the point of coming this forum to post so much about non-payment of MAC? Too free ah? Lol.

Originally Posted by Unregistered

does it mean that only engineers need to bear the bad economic outlook?
not to forgot most engineers are also essential service staff and are working on the ground, not management staff

Agree with this. Really unfair that most of us engineers are working tirelessly some even on site during cb period and didn't receive our MAC. It was introduced as a form of retaining specialised skills in IT, engineering etc. and by not giving won't it defeats the purpose in retaining these skills? I foresee a number of engineers leaving due to this.[/QUOTE]

Someone said it was only deferred? You said not receiving anything? Are you telling the truth?

Originally Posted by Unregistered

Good for you then. If so what's the point of coming this forum to post so much about non-payment of MAC? Too free ah? Lol.

no la. defer to dec also not 100% will get. and i am expecting it in Aug until the recent news on the defer.
damn irritated.

Originally Posted by Unregistered

does it mean that only engineers need to bear the bad economic outlook?
not to forgot most engineers are also essential service staff and are working on the ground, not management staff

Agree with this. Really unfair that most of us engineers are working tirelessly some even on site during cb period and didn't receive our MAC. It was introduced as a form of retaining specialised skills in IT, engineering etc. and by not giving won't it defeats the purpose in retaining these skills? I foresee a number of engineers leaving due to this.[/QUOTE]

As mentioned by another guy, you are free to quit if you feel that the compensation is too low. The fact that most of the engineers are staying shows that the current compensation package is adequate to retain them. So why should govt pay?