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Full Version: OCBC will give 4,600 junior staff in S’pore S$1,000 each to cope with
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🤑 OCBC will give 4,600 junior staff in S’pore S$1,000 each to cope with cost of living concerns.

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https://bit.ly/48m0RRN 
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Why didn’t give customers ?
Giving them 1k only, is that sufficient to fight inflation? Must give them a pay rise.
actually they shouldnt
its not a private company anymore
its a 'listed' company with 'SHAREHOLDERS"
some shareholder might not be happy...
They get from the customers and give to their staff.
how to classify as "junior" staff?
(20-02-2024, 04:56 PM)K88 shu shu Wrote: [ -> ]how to classify as "junior" staff?

Fresh graduates with less than 3 year experience
MUST BE THEIR new indian FT staff
then kay kiang give money to staff
actually they want to give to themself...LOL
(20-02-2024, 05:20 PM)singaporean1964 Wrote: [ -> ]MUST BE THEIR new indian FT staff
then kay kiang give money to staff
actually they want to give to themself...LOL

Giving cash is not going to work when living expenses keep going up. How long can the $1000 last? Can’t even cover their one month rental at condo.
OCBC and DBS both give, what about UOB?
(20-02-2024, 05:55 PM)puntfast2 Wrote: [ -> ]OCBC and DBS both give, what about UOB?

The right question should be, why are banks doing this instead of increasing the salary, recession coming so don't bother to increase? And why are companies (banks for this instance) giving to employees when it should be the govt to arrest runaway inflation rite?
(20-02-2024, 05:55 PM)puntfast2 Wrote: [ -> ]OCBC and DBS both give, what about UOB?
Both is gaving, later taking buck more...?.
They have to help themselves first then can help others. The economy is not in good condition.