Tag Archives: salary

30% OF GRADUATES UNEMPLOYED, 30% EARN LESS THAN $2,000?

The Singapore Institute of Technology reported a gross mean monthly salary of $3,010″ – what may perhaps be interesting to note is that some of the private universities may be giving more statistics than the public universities. For example – “At JCU, its survey of students who graduated at the end of 2013 and in 2014 found that more than seven in 10 were settled in jobswithin six months. About half had salaries of between $2,001 and $3,000, and about 30 per cent made less than $2,000 a month”. Does this mean that about 30 per cent were unemployed?

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PART TIME WORKERS GET 0.75% REAL PAY INCREASE OVER PAST 10 YEARS

A part-time worker is one who works 35 hours or less in a week. It used to be 30 hours until it was changed a few years ago in Singapore. I believe out definition of part-time workers may be the highest in the work in terms of the number of hours worked. According to the Ministry of Manpower’s Singapore Yearbook of Manpower Statistics 2015 – the median gross monthly income of part-time employed residents grew from $600 in 2004 to $827 in 2014. This is an increase of about 37.8 per cent ($827 divided by $600) over the 10 years.

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WHY LEE HSIEN LOONG LACKS THE WISDOM & INTELLECT TO LEAD S’PORE

I am truly ashamed of LHL. He has been shooting himself in the mouth. He has shown that he lacks wisdom and intellect. Hsien Loong said that Japan is more productive because starting graduates' pay in Japan is lower than Singapore's. Hsien Loong should not be selective in choosing his comparison. Why didn't Hsien long compare his pay to Japan's PM?

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SINGTEL DEFENDS HUGE SALARY PACKAGES TO SENIOR MANAGEMENT

We have a pay-for-performance philosophy that measures and rewards short-term, mid-term and long-term performance. Short-term performance is measured through a balanced scorecard approach which rates individuals against financial and non-financial KPIs. Mid-term performance is rewarded by a value-sharing bonus which is dependent on the overall economic profit of the group i.e. excess return over risk-adjusted cost of capital.

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FEW TAKERS FOR SERVICE JOBS BECAUSE THE SALARY IS TOO LOW?

According to the Today news report “Jobs available in services sector, but few takers” (Jun 18) – “Employment may have shrunk in the services sector with stricter foreign-labour quotas, but businesses in the industry are still looking to fill vacancies in operational and frontline positions. The long hours and weekend shifts typical of the industry are driving staff away, and there is a constant need to hire to keep businesses going, said employers in the retail, food and hospitality sectors interviewed by TODAY.”

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