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No AVC for 60,000 civil servants in July
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teeth53
Supreme |
06-Jun-2009 21:18
Yells: "don't learn through life, learn to grow with life " |
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Ya...who care. They can very easily get their money back, each time just following the private sector six leader indicator...starting with the bankers who earning top several million a year.
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AK_Francis
Supreme |
06-Jun-2009 00:23
Yells: "Happy go lucky, cheers." |
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Ha ha kidding lah, just a normal working soldier, not an officer leh. Playing hit n hide games for 33 over yrs just to secure 4 bowls of rice daily for living. Not easy ah.
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Luostock
Senior |
05-Jun-2009 23:56
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Most of the new or young civil servants (CS) are not under pension and their medical benefit is minima. So the turnover of young CS is higher than the old CS. On the other hand, the bosses do not like the old CS bcos the old CS are not that innocent to be bluffed by their bosses' wayang for the even higher superiors. The bosses would need the old CS to produce result but use the young CS to help them to wayang. For Performance Bonus, more young CS are given higher performance grade B while the most of old CS are usually given grade C. Only those boot-licking old CS are given grade B. I have also notice many private service companies are also very fixed in their ways and even less flexible than civil services. |
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HLJHLJ
Veteran |
05-Jun-2009 23:55
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Gov service no good lah!!.First to get cut in bad times but last to get pay rise in good times... In good times, they will first form committee/union etc to look into pay review, then talk for very long. By the time we get our pay review, next recession comes. If lucky, we get something. However, bad times, all eyes on us. Under pressure to cut to lead by example... Where got good?? Only advantage is job security. However, nowadays, all contracts mainly. So not much advantage. |
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Livermore
Master |
05-Jun-2009 23:15
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Private sector still better. Grapes no sour
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smartrader
Elite |
05-Jun-2009 23:03
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who's care about the top Civil Servants ..I am referring to lower rank civil servants who man the checkpoints, renew your passports, repair your house broken pipes, policemen patrol the streets, hospital staff attending to emergency ..etc. Top earners know that they can get triple the rewards when economy recovers due to some smart formula.. but the lower ranks by virtue of their numbers will always get the least.. |
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nickyng
Supreme |
05-Jun-2009 12:30
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is it easy to get in garmen sector??? dun say grape sour hor :D
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Livermore
Master |
05-Jun-2009 12:27
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I will never join government sector
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matthewsoh
Senior |
05-Jun-2009 12:01
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AK Francis , you work for Garment ya.. woah? must be super high ranking post cos you are writting post during works sia ! Cheers!
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AK_Francis
Supreme |
05-Jun-2009 11:44
Yells: "Happy go lucky, cheers." |
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60k civil servants got double blow ds yr, no bonus ds yr still a pc of cake. Most of d gov servant gratuity are tied to so-called Premium Scheme. And ds scheme is managed by Gov Investment Body!!! AK remembers while I was in service, my investment capital lost 45k in 2001 alone due to -ve profit in investment by d body that yr. I changed my Premium Scheme to less dynamic option, as being advised by d authority, in d following yr. Untill 2006, some yr still see red in d investment. While I retired in 2006, I got 80k less in my gratuity. I really regretted to convert my pension scheme to d Premium Scheme, recommended by xxx h2o hse xxx in 2000. Then most of d pensioners had converted to d new scheme as there is underlying unwritten rules which is unfavourable to d involved. Luckily, my wife n I still can stain d CSC benefit for life, as nowadays mdical fees attributed to 20% or more of your saving during d retirement life. Hence, for those civil servant going to retire next yr, likely they will feel pain as well, but may not as pain as AK one loh, most of them may not in d pension scheme b4 2000. |
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TuaPekGong9413
Elite |
05-Jun-2009 10:35
Yells: "deity" |
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think those carpark fatimahs will work more harder to collect more $ for them | ||||
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nickyng
Supreme |
05-Jun-2009 10:35
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quite true for those in the outdate super dinosaur schemes...now mostly new recruits since a few year back are on 2-4yrs contracts...have some frens on those scheme...nothing really "secure" interms of job security..they can dun renew u...u suck toes and thumbs too :D
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singaporegal
Supreme |
05-Jun-2009 10:29
Yells: "Female TA nut" |
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No AVC is a small price to pay for relatively good job security. | ||||
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Fairygal
Veteran |
05-Jun-2009 09:48
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The lower income group of civil servants will be worrying how and what to do. | ||||
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pohthree
Member |
05-Jun-2009 09:13
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and they have quite a big carrot also... | ||||
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Zelphon
Senior |
05-Jun-2009 09:01
Yells: "Hauttttttttt AHhhhhhhh !!!" |
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They get lotsa carrots...raise GST to help the poor MINISTER... Remember ?? Now private sector massive retrenchment.. PMET massive job cut and pay cut.. They just wage cut of 6% to 21%.... I already cut more than 20% and I am not even senior management.... me green bird only...
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TuaPekGong9413
Elite |
05-Jun-2009 08:59
Yells: "deity" |
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now they cut it...next moment they will give higher increment when they wan to by giving reasons |
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matthewsoh
Senior |
05-Jun-2009 08:55
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Save on singaporeans , waste on foreigners. Global stage, TH stumbles big times
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TuaPekGong9413
Elite |
05-Jun-2009 08:47
Yells: "deity" |
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but tdun forget when economy is good...they are the first one to get the carrots... | ||||
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nickyng
Supreme |
05-Jun-2009 08:40
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well...poor 60k civil "SLAVE"...gonna get slaughtered and paying the price of US$4.6(bank of america) + US$1b(Barclay) losses in garment investment....anyway if garment were to pay out this mid yr AVC...it gonna cause more public outcry....in short the scape goats(civil slaves) will be paying the price loh...anyway dun think it will save them much by not paying the AVC loh....hee :P |
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