I Found Local Companies, Big or Small, All are Very Stingy
#61

(17-11-2021, 10:02 PM)debono Wrote:  Is this practice here......? Rolleyes

Here is White Thieves Supremacy

KTV妹妹说,香港人无义,台湾人无情,新加坂人无智 Big Grin
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#62

(17-11-2021, 07:54 PM)watchfirst9 Wrote:  Sg companies mostly have low margin, so quite stingy,

They more focus on working long hours than working effectively.
This could be quite a big problem as technologies improvements increase.



Mostly local companies are small so PAP can purposely and easily bully them.

Their margin is eaten up by PAP's Levies and quota when they hire FWs. 

Just imagine paying $330 to $600+ every mth per FW and this excludes dorm cost. Yet, rarely would locals want to do those jobs.

PAP is just slapping themselves like bodoh kings.

Why do we need 5 Mayors and 80 PAP Ministers? 
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#63

(18-11-2021, 10:01 AM)Ola Wrote:  Mostly local companies are small so PAP can purposely and easily bully them.

Their margin is eaten up by PAP's Levies and quota when they hire FWs. 

Just imagine paying $330 to $600+ every mth per FW and this excludes dorm cost. Yet, rarely would locals want to do those jobs.

PAP is just slapping themselves like bodoh kings.

They r good Businessman and some more passive income..Monthly.  Clapping


Smile
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#64

Ive been saying the CPF is one of the best schemes ever created n a legacy left behind by the british colonists benefiting millions of citizens .

Not easy to force all the stingy coys to pay /contribute to all their employees' cpf...

Remember, all coys r very adaptable n can move theit ops biz to so many lucrative attractive countries, big n small in a vitually globalised inter connected world.
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#65

(17-11-2021, 08:46 PM)debono Wrote:  They need to be competitive in the local market first..... Rolleyes

There is no competition to my company as we are the only service provider in this red dot. For years we've tried to ask the authorities to allow us to raise our tariffs and salary but to no avail as the authorities wants to attract more inbound trade and export for this island and keep their costs low.

tomorrow will be a better day
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#66

(17-11-2021, 02:16 PM)lvlrsSTI Wrote:  I Found Local Companies, Big or Small, All are Very Stingy

Singapore Local Companies, Big or Small are totally different from local companies in other countries.

One foreign colleague asked me this question.

Why local companies Big or Small employ more then 50% foreigners(including PRs) in the company ?

If a local company has more than 50% foreign employees, it is no more a local company.
A local company should have at least 70% Singaporean employees.

How can employer be generous when he employs so many foreigners in the company ?
He employs cheap foreigners to cut cost, how can he be generous at the same time.
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#67

(17-11-2021, 02:16 PM)lvlrsSTI Wrote:  to the employees, staff benefits, pay increments and bonuses are all way below foreign MNCs

you cannot compare locals against foreign MNCs because it is comparing HDB with Condo/landed.

Foreign MNCs have govt subsidy to invest here and have good revenues internationally.

You should compare the work culture and not compare the monetary benefits.
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#68

(18-11-2021, 10:01 AM)Ola Wrote:  Mostly local companies are small so PAP can purposely and easily bully them.

Their margin is eaten up by PAP's Levies and quota when they hire FWs. 

Just imagine paying $330 to $600+ every mth per FW and this excludes dorm cost. Yet, rarely would locals want to do those jobs.

PAP is just slapping themselves like bodoh kings.

Actually why the locals dun want? Its the pay too low, food delivery is not easy but it pays well if you work hard. See so many locals doing it

KTV妹妹说,香港人无义,台湾人无情,新加坂人无智 Big Grin
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#69

(18-11-2021, 12:39 PM)forum456 Wrote:  you cannot compare locals against foreign MNCs because it is comparing HDB with Condo/landed.

Foreign MNCs have govt subsidy to invest here and have good revenues internationally.

You should compare the work culture and not compare the monetary benefits.

I compare the working cultures and company benefits including annual leave, dental/optical/medical coverage, local companies are very stingy indeed.
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#70

(17-11-2021, 02:16 PM)lvlrsSTI Wrote:  to the employees, staff benefits, pay increments and bonuses are all way below foreign MNCs

avoid singaporean companies
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#71

Why would they bother to be generous when there is so weak employee protections And so liberal foreign worker policies?
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#72

(19-11-2021, 01:00 AM)happyharvest Wrote:  avoid singaporean companies

But sometimes MNCs and big companies' requirements are too high, therefore no choice but to turn to local small companies for a job.... crying
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#73

(19-11-2021, 06:52 AM)ZhuPengGouYou Wrote:  Why would they bother to be generous when there is so weak employee protections And so liberal foreign worker policies?

Yes, a number cap must be stricter also their margins need to improve.

Only then can see improvement, few if any will do for charity.
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#74

(19-11-2021, 06:52 AM)ZhuPengGouYou Wrote:  Why would they bother to be generous when there is so weak employee protections And so liberal foreign worker policies?

True, that is the dire situation we have here..... crying
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#75

(19-11-2021, 01:00 AM)happyharvest Wrote:  avoid singaporean companies

Not all, Sheng Siong has proven otherwise. I think the boss has a old Chinese mentality towards business. They older generations bosses tend to treat their staffs well.

KTV妹妹说,香港人无义,台湾人无情,新加坂人无智 Big Grin
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#76

(19-11-2021, 03:22 PM)Tangsen Wrote:  Not all, Sheng Siong has proven otherwise. I think the boss has a old Chinese mentality towards business. They older generations bosses tend to treat their staffs well.

Wrong lah, Sheng Siong boss is very stingy, one of my friends who sells cars, he said Sheng Siong’s boss bargained very hard with him until he fed up and gave the boss big discounts, in return Sheng Siong boss paid him partially in Sheng Siong shopping vouchers and rest on credit card. Rotfl Like that also can Confused ?
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#77

(19-11-2021, 03:55 PM)lvlrsSTI Wrote:  Wrong lah, Sheng Siong boss is very stingy, one of my friends who sells cars, he said Sheng Siong’s boss bargained very hard with him until he fed up and gave the boss big discounts, in return Sheng Siong boss paid him partially in Sheng Siong shopping vouchers and rest on credit card. Rotfl Like that also can Confused ?

Lao Kwee vomit
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#78

(19-11-2021, 03:55 PM)lvlrsSTI Wrote:  Wrong lah, Sheng Siong boss is very stingy, one of my friends who sells cars, he said Sheng Siong’s boss bargained very hard with him until he fed up and gave the boss big discounts, in return Sheng Siong boss paid him partially in Sheng Siong shopping vouchers and rest on credit card. Rotfl Like that also can Confused ?

Nothing wrong what …. stingy on other businesses but not to his staffs.

KTV妹妹说,香港人无义,台湾人无情,新加坂人无智 Big Grin
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#79

(19-11-2021, 04:07 PM)Tangsen Wrote:  Nothing wrong what …. stingy on other businesses but not to his staffs.

then you should quit your job, join Sheng Siong and work for him lor.
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#80

(19-11-2021, 04:10 PM)lvlrsSTI Wrote:  then you should quit your job, join Sheng Siong snd work for him lor.

They cannot afford me nor the company I work for our consulting fee.

KTV妹妹说,香港人无义,台湾人无情,新加坂人无智 Big Grin
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#81

(19-11-2021, 04:11 PM)Tangsen Wrote:  They cannot afford me nor the company I work for our consulting fee.

you can be his assistant, you said he treats staff very well, so he will definitely pay you top dollar and squeeze you dry. Laughing
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#82

(19-11-2021, 04:15 PM)lvlrsSTI Wrote:  you can be his assistant, he treat staff well snd will pay you top dollar squeeze you dry.

Cannot afford lah, an example. 
A large organisation blew USD15m with us for a 18mths study on how to improve or streamline internal processes to achieve greater efficiency and to meet stricter compliance.
This is only a study, NOT implementing the recommendations

KTV妹妹说,香港人无义,台湾人无情,新加坂人无智 Big Grin
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#83

(19-11-2021, 04:20 PM)Tangsen Wrote:  Cannot afford lah, an example. 
A large organisation blew USD15m with us for a 18mths study on how to improve or streamline internal processes to achieve greater efficiency and to meet stricter compliance.
This is only a study, NOT implementing the recommendations

Yr company koyok must be damn gd Big Grin


Smile
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#84

(19-11-2021, 04:20 PM)Tangsen Wrote:  Cannot afford lah, an example. 
A large organisation blew USD15m with us for a 18mths study on how to improve or streamline internal processes to achieve greater efficiency and to meet stricter compliance.
This is only a study, NOT implementing the recommendations

That must be a very big company to blow away USD15m for a 18-month study..... Rolleyes
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#85

(17-11-2021, 02:16 PM)lvlrsSTI Wrote:  to the employees, staff benefits, pay increments and bonuses are all way below foreign MNCs

This is why most of these companies close shop eventually. Rotfl

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#86

(17-11-2021, 07:01 PM)Ola Wrote:  MOM is kena SAI.

My aunt's friend maybe 8 or 10 years ago.  Said she resigned from her job as Snr Executive to join Far East Organization as Manager.

Happily, she reported to work on her first day but was given a new Employment Contract. The document state that due to restructuring, her job title is now Snr Executive. 

There was a mthly  meeting for Group and she threw a hand written letter on the Chairman/ CEO/ sthg like that 's  face and just walked out.

这就是潜规则。
人善被人欺。

Shd throw SAI at the CEO... Rotfl

“Be who you are and say what you feel, because those who mind don't matter and those who matter don't mind"
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#87

(19-11-2021, 05:50 PM)Niubee Wrote:  Yr company koyok must be damn gd Big Grin

Not mine lah, I work for them.

KTV妹妹说,香港人无义,台湾人无情,新加坂人无智 Big Grin
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#88

(19-11-2021, 05:58 PM)debono Wrote:  That must be a very big company to blow away USD15m for a 18-month study..... Rolleyes

Very common lah, this average price. It covers operations across ASEAN operations only. Imagine Asia or APJ

KTV妹妹说,香港人无义,台湾人无情,新加坂人无智 Big Grin
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#89

Not all MNC are good. My previous company, although is MNC, the top managements are mostly locals. US side had 2 increments a year, we had one or none. Company run on 2 shifts (24 hours) but hire only single shift Engineers. Sometimes had to work until midnight with no overtime pay. There was a pregnant female employee who went on a week of MC. When she returned to work, received a warning letter for poor performance. She left the company eventually.

These management want to enter the good book of the angmo, will think of all ways to cut cost.

Within less than 8 years, these companies either closed down or moved out of Singapore. Most of these managers remain unemployed, probably become too expensive to be hired. One MD setup a maid agency. Another MD set up a tech company but heard business was very bad.
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#90

(19-11-2021, 09:00 PM)Clyde Wrote:  Not all MNC are good. My previous company, although is MNC, the top managements are mostly locals. US side had 2 increments a year, we had one or none. Company run on 2 shifts (24 hours) but hire only single shift Engineers. Sometimes had to work until midnight with no overtime pay. There was a pregnant female employee who went on a week of MC. When she returned to work, received a warning letter for poor performance. She left the company eventually. 

These management want to enter the good book of the angmo, will think of all ways to cut cost.

Within less than 8 years, these companies either closed down or moved out of Singapore. Most of these managers remain unemployed, probably become too expensive to be hired. One MD setup a maid agency. Another MD set up a tech company but heard business was very bad.

In this pandemic situation, it is difficult to start a company, even in construction companies some had their FWs infected with Covid-19, and thus cannot go and work... crying
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