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Post by zuolun on Apr 14, 2014 17:38:22 GMT 7
REPORT: Citi Cutting 200-300 Jobs — 14 Apr 2014 I ever witnessed a senior regional marketing director burst into tears uncontrollably infront of his colleagues and subordinates when he was asked to leave the company with immediate effect due to downsizing in 1998. At aged 38, he had worked in the company for 12 years drawing a monthly salary of approx. S$12K then. The company gave him 2 hard choices; either he resigned without any compensation or the company sacked him with a severance package of S$80K. According to the terms and conditions, the money given to him was to stop him from seeking employment in the same industry/type of job for 2 years. He knew that he would leave the company with his name tarnished if he took the S$80k but he had no choice because he needed the money badly. He never expected to be axed in such a manner as he was given a promotion with good increment just 2 months earlier which had encouraged him to purchase a brand new condo @ S$1.2 million, right after being promoted.
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Post by oldman on Apr 14, 2014 18:24:12 GMT 7
REPORT: Citi Cutting 200-300 Jobs — 14 Apr 2014 I ever witnessed a senior regional marketing director burst into tears uncontrollably infront of his colleagues and subordinates when he was asked to leave the company with immediate effect due to downsizing in 1998. At aged 38, he had worked in the company for 12 years drawing a monthly salary of approx. S$12K then. The company gave him 2 hard choices; either he resigned without any compensation or the company sacked him with a severance package of S$80K. According to the terms and conditions, the money given to him was to stop him from seeking employment in the same industry/type of job for 2 years. He knew that he would leave the company with his name tarnished if he took the S$80k but he had no choice because he needed the money badly. He never expected to be axed in such a manner as he was given a promotion with good increment just 2 months earlier which had encouraged him to purchase a brand new condo @ S$1.2 million, right after being promoted. The sad truth about employment is that it is only a temporary state of affairs, though many may think otherwise. Sadly, banks do perpetuate the false notion that employment is lifelong by offering 20-30 year loans based on existing employment. Guess for the bank, they can always sell the property and get back some of their at-risk money. For the borrower, there is nothing to fall back on. Hence, before you take on a loan, think many many times. Your definition of affordability should be very different from the bank's. If a bank thinks you can afford, you still owe it to yourself to run through the numbers very carefully. Only you will know if you can truly afford to take the loan. |
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Jobs
Apr 19, 2014 15:02:59 GMT 7
oldman likes this
Post by zuolun on Apr 19, 2014 15:02:59 GMT 7
Corporate Structure Some truth about the corporate world....
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Jobs
Apr 21, 2014 18:13:44 GMT 7
oldman likes this
Post by zuolun on Apr 21, 2014 18:13:44 GMT 7
REPORT: Citi Cutting 200-300 Jobs — 14 Apr 2014 I ever witnessed a senior regional marketing director burst into tears uncontrollably infront of his colleagues and subordinates when he was asked to leave the company with immediate effect due to downsizing in 1998. At aged 38, he had worked in the company for 12 years drawing a monthly salary of approx. S$12K then. The company gave him 2 hard choices; either he resigned without any compensation or the company sacked him with a severance package of S$80K. According to the terms and conditions, the money given to him was to stop him from seeking employment in the same industry/type of job for 2 years. He knew that he would leave the company with his name tarnished if he took the S$80k but he had no choice because he needed the money badly. He never expected to be axed in such a manner as he was given a promotion with good increment just 2 months earlier which had encouraged him to purchase a brand new condo @ S$1.2 million, right after being promoted. — 20 Apr 2014 "Today, he was asked to either hand in his resignation letter or the company will terminate him."...  |
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Post by zuolun on May 8, 2014 9:52:03 GMT 7
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Jobs
May 20, 2014 10:20:00 GMT 7
Post by zuolun on May 20, 2014 10:20:00 GMT 7
《外国人怎样看 ◔◡◔ 新加坡：《工作天堂版》 — 17 May 2014 本地公司台湾征才 大学生起薪 $2,240 — 14 May 2014 (Local company, MOH Holdings Pte. Ltd's Taiwan recruitment of college students; entry level salary @ $2,240)  
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Post by zuolun on May 28, 2014 1:00:58 GMT 7
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Post by zuolun on Jun 8, 2014 8:23:06 GMT 7
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Post by zuolun on Jun 14, 2014 7:48:47 GMT 7
Mid-life crisis: Bulk of Singapore’s unemployed are older than 40 13 Jun 2014 Aging jobseekers face tougher prospects. Singaporeans aged 40 and over made up the largest share among unemployed residents in Q1 2014, data from the Ministry of Manpower revealed today. MoM’s Labor Market survey showed that there were 29,000 unemployed residents older than 40. This is equivalent to 49% of the 59,300 unemployed residents for March 2014. There are also more older residents who suffer from long-term unemployment. MoM’s data showed that out of 12,900 residents who had been looking for work for more than 25 weeks, almost 8,700 were older than 40. When it comes to the rate of re-entry, only 47% of older residents were able to find a job within six months of redundancy. In comparison, 67% of those younger than 30 and 54.2% of those aged 30-39 were able to re-enter employment within six months. According to the MoM, “The overall seasonally adjusted unemployment rate rose from 1.8% in December 2013 to 2.0% in March 2014. Similar increases were observed for residents from 2.7% to 2.9% and citizens from 2.8% to 3.0%. Despite the increase, the unemployment rates were still low, comparable to earlier quarters.” Employment Pass (EP) holdersForeign mid-level staff hired for the following reasons: - The company did not need to pay CPF contributions for them;
- Their salary expectations were lower than Singaporeans';
- Their skill sets and experiences were on a par with those of Singaporeans; and
- There is no levy for hiring foreign PMEs.
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Post by zuolun on Aug 18, 2014 6:05:16 GMT 7
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Jobs
Aug 18, 2014 13:56:21 GMT 7
oldman likes this
Post by zuolun on Aug 18, 2014 13:56:21 GMT 7
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Jobs
Aug 30, 2014 16:13:49 GMT 7
oldman likes this
Post by zuolun on Aug 30, 2014 16:13:49 GMT 7
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Jobs
Sept 3, 2014 15:29:12 GMT 7
oldman likes this
Post by zuolun on Sept 3, 2014 15:29:12 GMT 7
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Jobs
Sept 7, 2014 17:35:18 GMT 7
Post by zuolun on Sept 7, 2014 17:35:18 GMT 7
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Post by zuolun on Sept 27, 2014 9:00:33 GMT 7
What a waste of human resources! You don’t need a highly educated 50-years-old ex-PMET to be a taxi driver, what you need is a valid license. Go and find something else to do...teach, sell insurance/houses and also consider working in the short-handed healthcare industry. Pass on your intelligence and knowledge to the younger generations and leave the taxi driving jobs to the most-needed-help uncles whose only survival skill in Singapore is driving a taxi. 山有山的高度，
水有水的深度，没必要攀比，
每个人都有自己的长处；
风有风的自由，云有云的温柔，
没必要模仿，每个人都有自己的个性。
你认为快乐的，就去寻找；
你认为值得的，就去守候；
你认为幸福的，就去珍惜。
没有不被评说的事，没有不被猜测的人。
做最真实最漂亮的自己，依心而行，无憾今生。
人生1条路：走自己的路；
人生2件宝：身体好、心不老；
人生3种朋友：肯借钱给你、参加你的婚礼、参加你的葬礼；
人生有4苦：看不透、舍不得、输不起、放不下。
人生5句话：再难也要坚持，再好也要淡泊，再差也要自信，再多也要节省，再冷也要热情。
人生6财富：身体、知识、梦想、信念、自信、骨气。Exactly one year after my termination from SMRT… — 26 Sep 2014  |
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