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Thread: Singapore bosses ranked 3rd in the world for being ‘stingy’

  1. #1
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    Default Singapore bosses ranked 3rd in the world for being ‘stingy’

    yeah! we will soon be number 1 in being stingy!



    When it comes to rewarding employees, a survey conducted by recruitment firm Robert Half found that Singaporean employers are far from being generous.

    In fact, they were ranked 3rd most ‘stingy’ in the world, behind Chile and China.

    The survey involved 1,800 human resource (HR) managers from 17 countries.

    68 per cent of the HR managers indicated that it is common to see workers receiving a promotion with no pay hike in Singapore.

    In contrast, only 26 per cent of the managers interviewed in Japan said the same.

    53 per cent of the companies in Singapore said the reason they do not provide pay increments is because they rather give out bonuses instead. The other 47 per cent said they would rather compensate their workers with a more flexible work schedule rather than providing pay increments when employees are promoted.

    Stella Tang, director of Robert Half Singapore, said companies face a lot of risk by promoting their workers without a pay increment.

    Ms Tang added that if a company is not financially capable of providing monetary incentives, this has to be made known to the employees.

    “The most important thing is to let employees know they are valued,” she said.

    Matthew Chapman, CEO of Chapman Consult Group, said that many companies in the financial sector recognise the efforts of their employees by giving them a promotion.

    But he said that besides promotions, companies must also look at other rewards to retain their staff.

  2. #2
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    Default Re: Singapore bosses ranked 3rd in the world for being ‘stingy’

    Quote Originally Posted by hurley View Post
    yeah! we will soon be number 1 in being stingy!
    pure hogwash! our politicians are the HIGHEST PAID in the world
    i am an ordinary sinkie sheep!!!

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    Default Re: Singapore bosses ranked 3rd in the world for being ‘stingy’

    Quote Originally Posted by zhihau View Post
    pure hogwash! our politicians are the HIGHEST PAID in the world
    you beat me to it bro!!

    i also say, look at how much we pay the ministars, still dare to say we are the 3rd in the world for being stingy?
    -----------------------------------------------------------------------------------------------
    超级白 - 人在做,天在看

    'Politics is a contest for power but the key principle when you have power is, don't take advantage of people under your charge, and always be honest and upfront with them. And always be honest and upfront with your people. All of us make mistakes. When a mistake is made, just come clean and say so. But do not cover up. That is why I have not let this go.' - Vivian Balakrishnan

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    Default Re: Singapore bosses ranked 3rd in the world for being ‘stingy’

    Penny wise, pound foolish 省小钱吃大亏

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    Default Re: Singapore bosses ranked 3rd in the world for being ‘stingy’

    Quote Originally Posted by zhihau View Post
    pure hogwash! our politicians are the HIGHEST PAID in the world
    Join the PAP
    surf the 7 galaxies
    Join the PAP
    fark every one you can see

    shame on you , shame on you, the new recruit!!

    The best, paying jobs on this planet & some say The Orion, why go settle for the Up size you skills or upgrade your career, join the PAP, the best that can be, upsize your wallet!!

    JOIN NOW!... ha ha ha ha

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    Default Re: Singapore bosses ranked 3rd in the world for being ‘stingy’

    Quote Originally Posted by halsey02 View Post
    Join the PAP
    me should qualify that only Ministers get paid the highest
    else later kena humtum
    i am an ordinary sinkie sheep!!!

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    Default Re: Singapore bosses ranked 3rd in the world for being ‘stingy’

    It is a chinese culture and the way they are brought up.

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    Default Re: Singapore bosses ranked 3rd in the world for being ‘stingy’

    Quote Originally Posted by zhihau View Post
    me should qualify that only Ministers get paid the highest
    else later kena humtum
    Join the PAP and never look back.."shame on you, shame on you, the new recruit"!!.. ha ha ha ha best paid jobs on planet earth!

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