Today 07:15 PM | ||
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2 yr. ago JoshRagu What is the most egregious expenditure management made in your company which does nothing to boost staff welfare? Tldr; company rented a new office floor with a swimming pool but cut down on the number of office floors which contain actual work cubicles (so people have to hot-desk). Company can afford to pay for maintenance of swimming pool but refuses to increase employee compensation to market rates. Heard this from a friend who works for a prominent social security Statutory Board, Statutory Board's management decided to rent a new office floor which includes an outdoor swimming pool and patio area, claiming that this is to be used as an innovation space and will improve staff welfare. Swimming pool would be a white elephant since who in their right minds would be swimming there in full view of their colleagues and bosses. Best part is the Statutory Board has been returning other office floors, containing proper work cubicles, in the building as it decided to downsize office capacity and force employees to hot-desk. Higher ups have also been reducing salary increments and bonuses to below market rates (despite saying that compensation remains competitive) to the extent that attrition rate is sky high. Bosses refuse to raise pay to retain high performing staff and instead gaslight staff with financial engineering shenanigans to make pay higher on paper, the usual 13th month bonus was split over 12 months and allocated into the monthly salary, because this would increase the monthly pay to look more attractive. However, bonus paid out in terms of xx months of monthly pay is based on original base pay. All this does is to help the Statutory Board to pay less employer contributions to employees, ironically the Statutory Board's main business is to enhance retirement security. s://.reddit.com/r/askSingapore/comments/tbqyef/what_is_the_most_egregious_expenditure_management/ |
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Today 06:14 PM | ||
Unregistered | Median of the salary range of that grade? I think | |
Today 05:58 PM | ||
Unregistered |
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Today 05:05 PM | ||
Unregistered | how they derive the amount? median of the band? | |
Today 03:53 PM | ||
Unregistered |
Cpfb also follow the same method? Bonus is same quantum if u are same grade , same perf rating |
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Today 02:34 PM | ||
Unregistered | Some as CPFB bonus scheme. | |
Today 12:20 AM | ||
Unregistered |
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Now still early. Hold on |
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Yesterday 11:32 PM | ||
Unregistered | lol if really so many get C+, I will LMPO | |
Yesterday 10:56 PM | ||
Unregistered | So 3900 GovTechie means got 195 D, 780 C, 1950 C+, 780 B and 195 A. 195 D kena PIP? | |
Yesterday 10:47 PM | ||
Unregistered | This kind of info HR and Senior Management won't disclose one. I guess it is around 5% D, 20% C, 50% C+, 20% B and 5% A. | |
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