During a recent survey, it was revealed that Singapore is amongst the top 10 most expensive city in Asia for expats.
If expats find the cost of ilving here high.. then what about the normal or average S'porean?
http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_741765.html
We are ranked 6th, and Hong Kong is below us... so this is the idea LHL has when he wants Sg to be amongst the top nations in the world?
With living costs being so high, is it any wonder if average S'poreans are muttering under their breath for strugglilng to keep up with the rising cost and lowering value of their money?
To add more salt to injury, there is another study to say that Singapore empoloyers are the 3rd stingiest in the world...
http://www.businesstimes.com.sg/bre...rd-most-likely-promote-without-pay-rise-study
So how is the average S'porean "not affected by inflation"?
With even electricity and garbage disposal prices rising, it is quite baffling for me to understand if the average S'poreans are really not affected.
I mean, if you get promoted, and get "performance bonuses" or "more annual leave and flexible working hours", does that really help with the rising costs all around you?
Can you pay for the bills, and feed both yourself and your family, when your pay is still what it is.. let's say for 2-3 years straight.. while your rank is promoted.. nothing else changes for your salary. Note, the price of coffee, tea has jumped from the $0.80 to $1.00 at coffee shops.. it costs even more at food courts. I'm sure that food prices has jumped too.. I don't think I need to stress on that.
The point is.. why are employers, who promote employees without raising their pay, can get away with it?
They follow the call by the govt. And this is my opinion.. remember what the govt said? To increase salaries, it must be with in line with the increase in productivity.
Employers learn and they learn fast. So they tag promotions with more "performance bonuses".. I don't know if they really do a fair appraisal, but if they don't, the employee still suffers.
I really don't understand why the low wage workers only deserve a mere SGD50.00 increase, when living costs are so high.. while the MIW's pay is into at least 6 figures. The reason given for the high salaries is that to "prevent corruption" blah blah blah.. does that mean that if our ministers don't get the 6 figured salaries, they are SURE to be corrupted???!! That really makes my mind go bonkers.
So the lwo wage workers have to work their butts off, struggle and do whatever it takes to survive.. and their jobs are legitimate.. being cleaners or whatever blue collar work available. While THOSE who the people of Sg voted to "help run the nation's economy and well being" HAS to be paid a certain amount.. otherwise...
If one stops to think.. and even asks.. where is the relevance in the logic of pay being of a certain amount.. otherwise the person will do dastardly things.. then one can see the ridiculous situation S'poreans seem to be in right now. Everything around them increase in prices; food, housing, education..etc, but pay stays same.. or even have to take pay cut..cos have to compete with "Foreign Talents"..
Something has to change.. and it isn't the normal or average S'poreans.. for most of them are busy trying hard to earn to survive.
If expats find the cost of ilving here high.. then what about the normal or average S'porean?
http://www.straitstimes.com/BreakingNews/Singapore/Story/STIStory_741765.html
We are ranked 6th, and Hong Kong is below us... so this is the idea LHL has when he wants Sg to be amongst the top nations in the world?
With living costs being so high, is it any wonder if average S'poreans are muttering under their breath for strugglilng to keep up with the rising cost and lowering value of their money?
To add more salt to injury, there is another study to say that Singapore empoloyers are the 3rd stingiest in the world...
http://www.businesstimes.com.sg/bre...rd-most-likely-promote-without-pay-rise-study
So how is the average S'porean "not affected by inflation"?
With even electricity and garbage disposal prices rising, it is quite baffling for me to understand if the average S'poreans are really not affected.
I mean, if you get promoted, and get "performance bonuses" or "more annual leave and flexible working hours", does that really help with the rising costs all around you?
Can you pay for the bills, and feed both yourself and your family, when your pay is still what it is.. let's say for 2-3 years straight.. while your rank is promoted.. nothing else changes for your salary. Note, the price of coffee, tea has jumped from the $0.80 to $1.00 at coffee shops.. it costs even more at food courts. I'm sure that food prices has jumped too.. I don't think I need to stress on that.
The point is.. why are employers, who promote employees without raising their pay, can get away with it?
They follow the call by the govt. And this is my opinion.. remember what the govt said? To increase salaries, it must be with in line with the increase in productivity.
Employers learn and they learn fast. So they tag promotions with more "performance bonuses".. I don't know if they really do a fair appraisal, but if they don't, the employee still suffers.
I really don't understand why the low wage workers only deserve a mere SGD50.00 increase, when living costs are so high.. while the MIW's pay is into at least 6 figures. The reason given for the high salaries is that to "prevent corruption" blah blah blah.. does that mean that if our ministers don't get the 6 figured salaries, they are SURE to be corrupted???!! That really makes my mind go bonkers.
So the lwo wage workers have to work their butts off, struggle and do whatever it takes to survive.. and their jobs are legitimate.. being cleaners or whatever blue collar work available. While THOSE who the people of Sg voted to "help run the nation's economy and well being" HAS to be paid a certain amount.. otherwise...
If one stops to think.. and even asks.. where is the relevance in the logic of pay being of a certain amount.. otherwise the person will do dastardly things.. then one can see the ridiculous situation S'poreans seem to be in right now. Everything around them increase in prices; food, housing, education..etc, but pay stays same.. or even have to take pay cut..cos have to compete with "Foreign Talents"..
Something has to change.. and it isn't the normal or average S'poreans.. for most of them are busy trying hard to earn to survive.