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This post has been edited by bryon: Nov 20 2008, 09:31 AM

U have any programs for VPN? free service or gotta pay? Hopefully have one free local VPN service in singapore.

My friend told me his company going to reduce 5% of his salary starting from next year.

I foresee many ppl will lost their job next year.

actually u got a good point there.
those yamcha etc, can be done thru "pm"
lets stick to the important stuffs

Helping someone to sell bus ticket :

1) Date : 23rd December 2008, 10pm
2) SG Golden Mile to Penang Sungai Nibong.
3) Bus company : Konsortium
4) Ticket price : SGD25 per seat, 2 available. SVIP seat.
5) Reason for selling : Unable to meet the date due to leave changes.

Contact number 90262215

Didn't you already post this earlier?

for those who are working in SG Gov sector, be prepared for pay cut in recession. However, the cut will be in stages if need to and varies according to your salary scale. the more you earn the higher is your cut. The salary scale has a varibale component which allows the cut to be taken up to maximum of ..depending what category you falls into. I understnad too that some companies also follows SG Gov practice. This variable portion permits company to reduce salary instead of retrenching its staff.

The last recession, the cut was not that much, though higher pay staff generally got 5% cut while as mentioned in the press, Ministers got >10% cut. I myself got <5% cut while my colleagues got 5%

Thks Nicvon & Hoongji for yr reply..
Well, i still searching for a good company to work in sg..looking for administration part..even i doesnt like it much.haha..
Yor.. Sg gotta having salary cut izzit?

I got a feeling that my company will exercise pay cut... or even retrenchment. Is it compulsory for a company to pay (or compensate?) employee for retrenchment?

normally 1 month pay for each year of service, plus the notice (1 or 2 month depend on offer)

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This post has been edited by bryon: Nov 20 2008, 09:31 AM

cool a thread for msians working in SG.. count me in!

Are you guys PRs? Have you thought if you would be staying and working in SG long term, or will you one day return back to Msia?

Citibank, DBS, HSBC, RBS all being hit by recession !!!

But according to news, CItibank stay committed to Sg where 50,000 jobs cut in worldwide due to the financial crisis.

One of my frenz working in RBS, her salary being cut after all this crisis. Some of her colleagues are cut out from the job with 1 week notice.

This crisis will remain for 1 more years. so just hope for the best & everything can resolved to normal back.

hailat lo... come here 4 mths and found myself increase 4 KG oledi...

really dunno is the food here too good or too cheap...

Thanks for the info

it really depends on the company establishment. A very small company will pay you back the notice only, as per stated in your emplyment letter, if any.

Those '1 month for every year' standard is the normal standard but not compulsory.

Not to worry folks in Singapore.

Singapore has a track record of bouncing back from recessions fairly quickly due to the government's nimbleness and willingness to change, adapt and innovate its economic drivers.

Only the likes of Malaysia @ Bolehland refuse to admit that an economic slump is evident all around us and will be the last to drag itself out of a looming recession due to the NEP, corruption and totally clueless as to how to grow the economy.

so now/next year is not good time to jump ship to Singapore ya? :think: :erm:

my friend just got 2 job offers. and another one coming down for interview this week. there are still opportunities out there at times like this

ya..but rarely. Normally only happen when there is ppl leave the company due to other reason.
Now dun see any company doing massive hiring.