Damn! I am feeling so bad after reading this. I have almost completed 2 years here and salary figure is the same that I was given when joined the company. I joined in June 09 and our appraisals happen every year in Jan. In Jan '10 they told me I haven't completed 1 year and hence no hike for me.BillyB wrote:I'll give me 2 cents worth:
Firstly, 3 years with no salary review is a ridiculously long-time. Definitely not a good sign from a potential employer. Is there any bonus structure?
The company appears unethical, unrewarding and unappreciative of their staff (I know someone will pipe up here and say that business is business - but thats bullsh*t in my opinion. Your staff are your greatest resource. Always look after them. It's expensive to re-hire if you look at the bigger picture of time, recruitment costs, training etc.).
Also note that your brother is losing out in the long term when you factor in inflation and rising living costs with no salary increases.
Have a read of this link but don't take it too seriously!!revhappy wrote:Damn! I am feeling so bad after reading this. I have almost completed 2 years here and salary figure is the same that I was given when joined the company. I joined in June 09 and our appraisals happen every year in Jan. In Jan '10 they told me I haven't completed 1 year and hence no hike for me.BillyB wrote:I'll give me 2 cents worth:
Firstly, 3 years with no salary review is a ridiculously long-time. Definitely not a good sign from a potential employer. Is there any bonus structure?
The company appears unethical, unrewarding and unappreciative of their staff (I know someone will pipe up here and say that business is business - but thats bullsh*t in my opinion. Your staff are your greatest resource. Always look after them. It's expensive to re-hire if you look at the bigger picture of time, recruitment costs, training etc.).
Also note that your brother is losing out in the long term when you factor in inflation and rising living costs with no salary increases.
Now in Jan '11 they are saying Investment Banking revenues haven't been good so no hike
But this job is really cushy and hardly have any work( If you guys are smart you will already know that looking at how frequently I log in here and the other Singapore bike's forum, )
But, I agree with Billy, that in the long run its not good to be without hike and no growth.
Hmm, need to do something about it.
Totally agree!sundaymorningstaple wrote:No need to worry or walk around with a chip on your shoulder. We've been doing this for years. Unfortunately, we only have the written words to go by. Nuances are hard to get without the use of smilies sometimes. Often, someone writes straight up but in a language that is not their first language. That's when the nuances play havoc. We've read so many stories that are not always what them seem until some time later, when we finally manage to get enough data which is sometimes like trying to pull teeth from a hen! We often can only guess what the poster is saying when they decide not to give us sufficient data. Unfortunately, while we have lots of knowledge and anecdotal evidence, we are not mind readers (and it even harder without those nuances).
Nice article. I know many people like that in my current and previous organizations who fall in that category, but its not like they haven't got a hint, the way the author puts it. They are aware of exactly whats happening its just they want to try their luck and cruise along as long as possible.BillyB wrote:Have a read of this link but don't take it too seriously!!revhappy wrote:Damn! I am feeling so bad after reading this. I have almost completed 2 years here and salary figure is the same that I was given when joined the company. I joined in June 09 and our appraisals happen every year in Jan. In Jan '10 they told me I haven't completed 1 year and hence no hike for me.BillyB wrote:I'll give me 2 cents worth:
Firstly, 3 years with no salary review is a ridiculously long-time. Definitely not a good sign from a potential employer. Is there any bonus structure?
The company appears unethical, unrewarding and unappreciative of their staff (I know someone will pipe up here and say that business is business - but thats bullsh*t in my opinion. Your staff are your greatest resource. Always look after them. It's expensive to re-hire if you look at the bigger picture of time, recruitment costs, training etc.).
Also note that your brother is losing out in the long term when you factor in inflation and rising living costs with no salary increases.
Now in Jan '11 they are saying Investment Banking revenues haven't been good so no hike
But this job is really cushy and hardly have any work( If you guys are smart you will already know that looking at how frequently I log in here and the other Singapore bike's forum, )
But, I agree with Billy, that in the long run its not good to be without hike and no growth.
Hmm, need to do something about it.
http://news.efinancialcareers.sg/newsan ... emId-31625
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