Yeah it's in the news: KPMG LLP Singapore to cut salaries of middle to top management staff. The salary reductions will range between 5 and 7.5 per cent.
This is how it will affect me with effect from February.
All thanks to the Global recession which is happening now...
Well, I guess most people living on this planet will be affected in one way or another, whether directly or indirectly.
But i must really say kudos to the Singapore government whom has implemented measures and fork out about $20 billion to help the companies, enterprises and individuals of Singapore. Companies especially... the group that is the most affected. I feel that the Singapore govt is sincere to help to reduce the expenses for the companies and individuals, in the form of reduction in taxes and giving credits (job credits, GST credits, etc). Well, I guess we should be thankful and not ask for too much. More help may come depending on the economic situation as time goes by.
Of cuz, with the govt's help, I hope my co can consider lifting some of its measures so that the perks from the govt can be passed to the affected employees in some way. Will be awaiting good news from my MD...
Afterall, "KoPi Mai Guni" will not be a sweet place to be in if it's sugar level is too low! (Disclaimer: hey, this nickname is not given by me one ok? i heard from a colleague of mine de. jus a nickname onli lah...)
Friday, 23 January 2009
Tuesday, 20 January 2009
The Answer...
Yes i'm affected but I think it's inevitable..
I won't tell how many % or how much I'm affected... it's P&C u knw..
Ok... need to cut down on expenses and find part-time jobs le... any recommendations?
I won't tell how many % or how much I'm affected... it's P&C u knw..
Ok... need to cut down on expenses and find part-time jobs le... any recommendations?
Today is the BIG day..
Don't be mistaken.. today is not my wedding day..
But it's the day when my company will announce whether everyone is staying in the company, will be given a pay-cut or what. According to Reuters, KPMG UK has announced to ask their staff to work a 4-day week, i.e. their staff have to compulsorily take 1 day no-pay leave. Not sure if this is for every week or for alternate weeks. Heard from a friend that Mediacorp is making staff to take compulsory 1-day no pay leave for alternate weeks. Omg!
If my firm really tell me to take 1-day no pay leave, i guess it's inevitable. No pt be grumpy about it. Gotta change one's mindset to look at things at different angles... at least the job is still there!
Will update again when I attended the firm-wide meeting later.
But it's the day when my company will announce whether everyone is staying in the company, will be given a pay-cut or what. According to Reuters, KPMG UK has announced to ask their staff to work a 4-day week, i.e. their staff have to compulsorily take 1 day no-pay leave. Not sure if this is for every week or for alternate weeks. Heard from a friend that Mediacorp is making staff to take compulsory 1-day no pay leave for alternate weeks. Omg!
If my firm really tell me to take 1-day no pay leave, i guess it's inevitable. No pt be grumpy about it. Gotta change one's mindset to look at things at different angles... at least the job is still there!
Will update again when I attended the firm-wide meeting later.
Thursday, 15 January 2009
Thursday, 1 January 2009
Happy New Year!
Happy New Year to everyone!!! 2008 is gone and here comes 2009!
Let's cherish this year more than ever and make it a better year than 2008! May all your new year wishes come true! For those who have made their new year resolutions, do start on them and do your best to reach your goals! Jia you!
Let's cherish this year more than ever and make it a better year than 2008! May all your new year wishes come true! For those who have made their new year resolutions, do start on them and do your best to reach your goals! Jia you!
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