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

Discussion in 'The Courtyard Café' started by hurley, Jun 21, 2012.

  1. hurley

    hurley Alfrescian Old Timer

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

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    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. zhihau

    zhihau Alfrescian (InfP) + S-Mod Old Timer

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    pure hogwash! our politicians are the HIGHEST PAID in the world :p:p:p
     
  3. Jlokta

    Jlokta Alfrescian (InfP) Old Timer

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    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? :D
     
  4. Cruxx

    Cruxx Alfrescian Old Timer

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    Penny wise, pound foolish 省小钱吃大亏 :(
     
  5. halsey02

    halsey02 Alfrescian (Inf)

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    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:D
     
  6. zhihau

    zhihau Alfrescian (InfP) + S-Mod Old Timer

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    me should qualify that only Ministers get paid the highest :p:p:p
    else later kena humtum :D:D:D
     
  7. babuSingh

    babuSingh Alfrescian Old Timer

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    It is a chinese culture and the way they are brought up.
     
  8. halsey02

    halsey02 Alfrescian (Inf)

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    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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