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SAF supplier so no standard one

makapaaa

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<TABLE id=msgUN cellSpacing=3 cellPadding=0 width="100%" border=0><TBODY><TR><TD id=msgUNsubj vAlign=top>
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Coffeeshop Chit Chat - SAF supplier so no standard one</TD><TD id=msgunetc noWrap align=right>
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Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">madmansg <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">Jan-8 4:04 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 11) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>4992.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>I just saw this interesting article on STOMP. Apparently, ST Electronics had told its employees they would get a full month bonus, but then retracted it two weeks later to say that it can only afford to pay half month.
He says:
“In the circular to staff dated December 24, ST Electronics announced that in January that the company will be giving staff a month of bonus in advance.
“Then on January 5, the circular stated that it ‘could only afford’ to pay 0.5 months bonus.
“During such bad times, of course, it is great for the company to give the staff a bonus.
“But I am curious how a big company can make such mistake.
“It would appear to me that HR announced the one month bonus without consulting the finance guys.
“To change the payment sum suddenly, may also affect some staff badly especially the lower ranking staff - they may have already committed to use the extra 0.5 month of bonus.
“I am surprise to see such a big company acting so irresponsibly and haphazardly. I wonder what the labour union in the company say about this abrupt change.”
I am surprised too, that such a 'mistake' could have been made. Staff morale will surely be affected. tsk tsk.
Last edited by simonsez : Yesterday at 12:51 PM.

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Re: Local company announces 1-month bonus, then cuts it by half
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Hahahaaaa..... perhaps the same fucking thing happen to a local company !!

This company I know, behaves like a MNC and thinks like a MNC but actually, it is a fucking Chinese business man company or "pop and mom shop" as the westerner calls it!!! If they can avoid paying CPF, they will do it. If they can evade or cheat on income tax, they will do it!! When I deal with them, I had to track carefully and if I could avoid doing business with them, I will avoid. First encounter, they treated you nicely and prompt in payment. Subsequently, they tried to take your advantage, they tried to swindle you, tried to hook winked you, and tried to hustle you.

During the year end meeting, the so-call CEO told the staff that the company will give 1 month bonus. After the meeting, the staff only has 1 month salary. My friend asked me what happened to the 1 month bonus as mentioned ? I told him that his boss probably regretted saying or at the spur of moment, head over heel, he said it too early. After the meeting and going through his head, he realized his mistake !! When is it coming ? It is everybody's guess !!

Gosh... you should look at my friend's face..... Sadness and disappointment was all over his face.



<TABLE id=msgUN cellSpacing=3 cellPadding=0 width="100%" border=0><TBODY><TR><TD id=msgUNsubj vAlign=top>
icon.aspx
Coffeeshop Chit Chat - SAF supplier so no standard one</TD><TD id=msgunetc noWrap align=right>
icon.aspx
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">madmansg <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">Jan-8 4:04 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 11) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>4992.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>I just saw this interesting article on STOMP. Apparently, ST Electronics had told its employees they would get a full month bonus, but then retracted it two weeks later to say that it can only afford to pay half month.
He says:
“In the circular to staff dated December 24, ST Electronics announced that in January that the company will be giving staff a month of bonus in advance.
“Then on January 5, the circular stated that it ‘could only afford’ to pay 0.5 months bonus.
“During such bad times, of course, it is great for the company to give the staff a bonus.
“But I am curious how a big company can make such mistake.
“It would appear to me that HR announced the one month bonus without consulting the finance guys.
“To change the payment sum suddenly, may also affect some staff badly especially the lower ranking staff - they may have already committed to use the extra 0.5 month of bonus.
“I am surprise to see such a big company acting so irresponsibly and haphazardly. I wonder what the labour union in the company say about this abrupt change.”
I am surprised too, that such a 'mistake' could have been made. Staff morale will surely be affected. tsk tsk.
Last edited by simonsez : Yesterday at 12:51 PM.

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Re: Local company announces 1-month bonus, then cuts it by half
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