Payslip of a 53 year old Singaporean

[makapaaa]

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Elite Junior

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http://statestimesreview.com/2015/06/29/payslip-of-a-53-year-old-singaporean/ Was disturbed to receive this projection payslip from a 53-year-old jobless PMET last week about to enter the security sector. It stated the amount he will receive if he works 72 hours a week for 6 days straight without any interruption. Its a daily 12-hour work day either from 8am to 8pm or vice versa. Its almost slavery I thought to myself and he told me MOM allows it according to the labour law. What disturbed me more is the fact that he once worked as a regional director earning $12,000 a month at his peak. He dines at the finest restaurant and has close to 200 workers at his command then. The fall has been swift and brutal with him ekking out a tough living now after the retrenchment during the 2008/9 financial crisis. He is earning $80 a day patrolling his work station after looking fruitlessly for viable employment for about a year He told me he felt very hurt seeing so many foreigners sitting in well-decorated work stations at his work place whereas he has to work as a guard there. There is nothing to be proud of as a Singaporean especially when you are reaching the twilight of your career. Employers find you both too old and unteachable…they won’t consider you even if you ask for less than half of your usual salary. Moreover, to add to his desperation, he has two children studying in local university and one other taking his A level. He says he has no choice as he is literally scrapping the barrel especially after losses in a folded-up tour business. If you are doing well now spare a thought for those who aren’t as you may end up like them one day.

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[laksaboy]

It stated the amount he will receive if he works 72 hours a week for 6 days straight without any interruption. Its a daily 12-hour work day either from 8am to 8pm or vice versa.

NTUC, MOM and the tripartite labour movement fighting hard for workers' rights.

 

[numero uno]

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Elite Junior

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http://statestimesreview.com/2015/06/29/payslip-of-a-53-year-old-singaporean/ Was disturbed to receive this projection payslip from a 53-year-old jobless PMET last week about to enter the security sector. It stated the amount he will receive if he works 72 hours a week for 6 days straight without any interruption. Its a daily 12-hour work day either from 8am to 8pm or vice versa. Its almost slavery I thought to myself and he told me MOM allows it according to the labour law. What disturbed me more is the fact that he once worked as a regional director earning $12,000 a month at his peak. He dines at the finest restaurant and has close to 200 workers at his command then. The fall has been swift and brutal with him ekking out a tough living now after the retrenchment during the 2008/9 financial crisis. He is earning $80 a day patrolling his work station after looking fruitlessly for viable employment for about a year He told me he felt very hurt seeing so many foreigners sitting in well-decorated work stations at his work place whereas he has to work as a guard there. There is nothing to be proud of as a Singaporean especially when you are reaching the twilight of your career. Employers find you both too old and unteachable…they won’t consider you even if you ask for less than half of your usual salary. Moreover, to add to his desperation, he has two children studying in local university and one other taking his A level. He says he has no choice as he is literally scrapping the barrel especially after losses in a folded-up tour business. If you are doing well now spare a thought for those who aren’t as you may end up like them one day.

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just show what a deadwood he has been. what kind of managerial job deserve 12K a month??? get real. alot of these managers asked for it and are damn lazy.

 

[JohnTan]

At 53 years old, either he is a top corporate warrior or his own boss. Otherwise, get ready to be security guard or taxi driver. The workplace can do better with younger, more energetic and IT-savvy staff.

 

[tonychat]

Who did that security guard vote for?

 

[shittypore]

Who did that security guard vote for?

If in the past he voted for PAP he deserves it.

 

[winnipegjets]

At 53 years old, either he is a top corporate warrior or his own boss. Otherwise, get ready to be security guard or taxi driver. The workplace can do better with younger, more energetic and IT-savvy staff.

When are you joining the ranks of security guards? Or sanitation specialist?

 

[enterprise2]

He will be ok. His kids will graduate in a few years and join the workforce

 

[Alderweireld]

When are you joining the ranks of security guards? Or sanitation specialist?

Looting Grass

 

[Leongsam]

He should have followed my advice and aimed for financial independence before he reached 45.

With a salary of $12,000 per month, it could easily have been achieved well before 50.

He's now paying for his foolhardiness. It serves him right.

 

[frenchbriefs]

For a guy earning 120k a month,he should have done well and have a few million stashed away in stocks and retired in nz shagging sheep.but now hes a lowly security guard making 80 bucks in sg.this is why cpf is necessary for sinkies

 

[hokkien]

Worst still is head of security union is a shit skin :(

 

[looneytan]

He should have followed my advice

How to? He's not a member here.

 

[Wunderfool]

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Elite Junior

Posts: 2,652
Reputation: 5 [/TD]
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http://statestimesreview.com/2015/06/29/payslip-of-a-53-year-old-singaporean/ Was disturbed to receive this projection payslip from a 53-year-old jobless PMET last week about to enter the security sector. It stated the amount he will receive if he works 72 hours a week for 6 days straight without any interruption. Its a daily 12-hour work day either from 8am to 8pm or vice versa. Its almost slavery I thought to myself and he told me MOM allows it according to the labour law. What disturbed me more is the fact that he once worked as a regional director earning $12,000 a month at his peak. He dines at the finest restaurant and has close to 200 workers at his command then. The fall has been swift and brutal with him ekking out a tough living now after the retrenchment during the 2008/9 financial crisis. He is earning $80 a day patrolling his work station after looking fruitlessly for viable employment for about a year He told me he felt very hurt seeing so many foreigners sitting in well-decorated work stations at his work place whereas he has to work as a guard there. There is nothing to be proud of as a Singaporean especially when you are reaching the twilight of your career. Employers find you both too old and unteachable…they won’t consider you even if you ask for less than half of your usual salary. Moreover, to add to his desperation, he has two children studying in local university and one other taking his A level. He says he has no choice as he is literally scrapping the barrel especially after losses in a folded-up tour business. If you are doing well now spare a thought for those who aren’t as you may end up like them one day.

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It is quite possibly true that he didn't plan ahead for any eventuality or even his own retirement. Many people think that their job is a life-time warranty and they can enjoy life to the max until the harsh reality sinks in when they lose their jobs.

Financial education is important for anyone working for a salary. It is important to start early. Save and invest and look for ways to generate passive income. No one owes us a living . Not PAP or the Opp party. It is up to us.

 

[soIsee]

He will be ok. His kids will graduate in a few years and join the workforce

And they too will be unemployed and even if employed , would not even be able to last as long as their father did!

Huat ah! LoL

 

[Scrooball (clone)]

Fucking bastard was earning $12k previously. How come no savings or investments?!

 

[winnipegjets]

It is quite possibly true that he didn't plan ahead for any eventuality or even his own retirement. Many people think that their job is a life-time warranty and they can enjoy life to the max until the harsh reality sinks in when they lose their jobs.

Senior management woh ...high calibre person, where got think of being unable to find jobs. Except that he didn't realize that the landscape has changed ...most bosses are foreigners and they hire their own kinds. He is a sinkee, where got chance? Not his fault, it is the PAP.

Financial education is important for anyone working for a salary. It is important to start early. Save and invest and look for ways to generate passive income. No one owes us a living . Not PAP or the Opp party. It is up to us.

If attaining financial security on your own is so easy, then there won't be any issue of poverty.

 

[virus]

He will be ok. His kids will graduate in a few years and join the workforce

add a few years more, they may even hack him on his hospital bed before jumping to their death

 

[KopiO]

Obviously another loser. WTF with all these losers who can not even compete on home ground?

 

[looneytan]

Fucking bastard was earning $12k previously. How come no savings or investments?!

ask yourself and JohnTan lah ... why now even 50 cents per post also take