New Method of Retrenchments in S'pore.

[ahleebabasingaporethief]

First round they retrench all new staff cos lower pay and dont have much retrenchment benefits to pay...i.e. 1 month for every year served.
They also at the same time reduce pay of all staff significantly.


2nd round, they start retrenchments of older staff. Retrenchments benefits payout will be lower for the Company bcos of significant paycuts in Round 1.


For smart ones with long service and high pay, VOLUNTEER to be retrenched in Round 1. Then you get ALL the benefits.


Very dirty and unscrouplous people we have running companies nowadays.:oIo:


So for those that were not retrenched in Round 1 but suffered significant paycuts, take that as a bad omen. You may be next in rounds 2/3

 

[dysentry]

The US economy may only recover after 2014. Gotta stay lean these few years. Avoid travel and big-ticket spending. Waiting for HDB prices to come down to sane levels.

 

[ahleebabasingaporethief]

The US economy may only recover after 2014. Gotta stay lean these few years. Avoid travel and big-ticket spending. Waiting for HDB prices to come down to sane levels.

Yes very good moral advice unlike our leaders and News media that still tell people to spend.

HDB prices may dive hopefully but there are many that WILL have to downgrade from condos and landed to 3/4 rooms HDB.

5 rooms and above HDB WILL dive

 

[The Monkees]

very good analysis and observation.

 

[ahleebabasingaporethief]

very good analysis and observation.

Can't help it. There was another big example in yesterday's and today's News.

 

[lolabunny]

First round they retrench all new staff cos lower pay and dont have much retrenchment benefits to pay...i.e. 1 month for every year served.
They also at the same time reduce pay of all staff significantly.


2nd round, they start retrenchments of older staff. Retrenchments benefits payout will be lower for the Company bcos of significant paycuts in Round 1.


For smart ones with long service and high pay, VOLUNTEER to be retrenched in Round 1. Then you get ALL the benefits.


Very dirty and unscrouplous people we have running companies nowadays.:oIo:


So for those that were not retrenched in Round 1 but suffered significant paycuts, take that as a bad omen. You may be next in rounds 2/3

Easy to say this when there aren't that many jobs to have these days. If you volunteer for round 1 just like that, you would definitely be out of a job in times like this.

That's not a smart thing to do. Unless you are pretty old and near retirement age already and have grown up kids or something.

 

[theblackhole]

our gahment is doing well...upturning the downturning....and fine tuning the retrenching and reaching out to the workers, the unemployed, the retrenched and the poor...our gahment is the best in the world... a government that cares for its people...i say we have a world class governance...majulah singapura!!!!

 

[halsey02]

our gahment is doing well...upturning the downturning....and fine tuning the retrenching and reaching out to the workers, the unemployed, the retrenched and the poor...our gahment is the best in the world... a government that cares for its people...i say we have a world class governance...majulah singapura!!!!

I hormat that!....UPTURN THE DOWNTURN sound like overturning the dustbin and expect the rubbish don't fall on you....

MAJULLAH SINGAPURA!...MERDEKA!

 

[jw5]

The newest method of retrenchment will be to pretend the employee never existed.
One morning, the employee comes into the office, only to find that his workstation has been cleared and someone else is occupying it. There is no sign of his existence and no one in the office appears to know who he is. He is shocked and slowly begins to believe that he never actually worked there. He leaves the office sadly.
All the other employees are in on it as they don't want to be the next one.
Sad state of affairs.

 

[singveld]

First round they retrench all new staff cos lower pay and dont have much retrenchment benefits to pay...i.e. 1 month for every year served.
They also at the same time reduce pay of all staff significantly.


2nd round, they start retrenchments of older staff. Retrenchments benefits payout will be lower for the Company bcos of significant paycuts in Round 1.


For smart ones with long service and high pay, VOLUNTEER to be retrenched in Round 1. Then you get ALL the benefits.


Very dirty and unscrouplous people we have running companies nowadays.:oIo:


So for those that were not retrenched in Round 1 but suffered significant paycuts, take that as a bad omen. You may be next in rounds 2/3

i never thought of that
shit
but no one from HR came and ask for volunteer
damn
i have to be careful
i am sure i will be 2/3 round

 

[2lanu]

The US economy may only recover after 2014. Gotta stay lean these few years. Avoid travel and big-ticket spending. Waiting for HDB prices to come down to sane levels.

I find it bemused that one can throw out a date and said the recovery will be. How do you derive to this number?

 

[Satan]

First round they retrench all new staff cos lower pay and dont have much retrenchment benefits to pay...i.e. 1 month for every year served.
They also at the same time reduce pay of all staff significantly.


2nd round, they start retrenchments of older staff. Retrenchments benefits payout will be lower for the Company bcos of significant paycuts in Round 1.


For smart ones with long service and high pay, VOLUNTEER to be retrenched in Round 1. Then you get ALL the benefits.

Well, then you're going to be left without a job and its going to be very difficult for you to look for another one in times like these.

 

[cass888]

World owes you a living mentality again. Retrenchment benefit is out of goodwill, not an entitlement!

First round they retrench all new staff cos lower pay and dont have much retrenchment benefits to pay...i.e. 1 month for every year served.
They also at the same time reduce pay of all staff significantly.


2nd round, they start retrenchments of older staff. Retrenchments benefits payout will be lower for the Company bcos of significant paycuts in Round 1.


For smart ones with long service and high pay, VOLUNTEER to be retrenched in Round 1. Then you get ALL the benefits.


Very dirty and unscrouplous people we have running companies nowadays.:oIo:


So for those that were not retrenched in Round 1 but suffered significant paycuts, take that as a bad omen. You may be next in rounds 2/3

 

[prince123456]

what is so great abt jobs when you have lot of cash in your hand

:oIo:

 

[batman1]

Most EMPLOYERS in SINGAPORE are UNSCRUPULOUS.This is the fact.

 

[cass888]

Most EMPLOYERS in SINGAPORE are UNSCRUPULOUS.This is the fact.

It is the employees who think the world owes them a living. If the employer doesn't need their services anymore, why should they be forced to keep them?

 

[diversifyx2]

our gahment is doing well...upturning the downturning....and fine tuning the retrenching and reaching out to the workers, the unemployed, the retrenched and the poor...our gahment is the best in the world... a government that cares for its people...i say we have a world class governance...majulah singapura!!!!

I would be happy to show you the exit.

 

[VIBGYOR]

The newest method of retrenchment will be to pretend the employee never existed.
One morning, the employee comes into the office, only to find that his workstation has been cleared and someone else is occupying it. There is no sign of his existence and no one in the office appears to know who he is. He is shocked and slowly begins to believe that he never actually worked there. He leaves the office sadly.
All the other employees are in on it as they don't want to be the next one.
Sad state of affairs.

talking about retrenchment, here's a movie that best relate what you have mentioned...highly recommend that you all watch it if you want to find out the silver lining at the end of the story...lol..

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[Leegimeremover]

Yeah like world owes LKY a living. Time has run out for you and your sorry religion.

 

[cass888]

Yeah like world owes LKY a living. Time has run out for you and your sorry religion.

The time never started for the reCHEEme of the MONGREL who bit his masters' hands LOUDHAILER chee soon juan, and his philisophy that the world owes anybodya living!