Where my employer's CPF increment
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With all these talks about better economy and increase in bank rates, where is the "gradual" increment in employers's contribution the government promised a long, long time ago??
Will they do it? -
mai gong ah.
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x2Originally posted by dragg:mai gong ah.
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Just Pray hard, with the likely election round the corner, anything sweet for the people is now possible. But then again, after the election, everything will be gone in one way or another.
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cpf involves billions of dollars. it is not a possibility at all.
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Even if they do implement, it might be a privilage and not a right and it is up to the company to exercise it's discretion on this.
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Nope. They will argue that increasing employers' cpf contribution will further raise manpower cost and force companies to lay off staff or outsource. to remain competitive they may actually have to lower the contribution further. However, they will consider RAISING the employee's contribution and minimimum sum, as well as the age you can touch your cpf from 55 to 62(?).Originally posted by anonymouscoward:With all these talks about better economy and increase in bank rates, where is the "gradual" increment in employers's contribution the government promised a long, long time ago??
Will they do it?
And they will argue this while paying themselves the most expensive salaries and bonuses compared to the rest of the planet earth.
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Better don't ask for it else they want you to pay back double after the election, with this increase, that increase.Originally posted by anonymouscoward:With all these talks about better economy and increase in bank rates, where is the "gradual" increment in employers's contribution the government promised a long, long time ago??
Will they do it? -
BTW anonymouscoward welcome u to yr first posting here
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The only thing that they will raise is their Million Dollar Salary.
Cos they deserved it for killing innocent chicken at Tekong and going to every district to kill dengue fever, they put their life at risk for the people.
As for the Employer's CPF increment, any kind soul, please highlight it at the RIGHT forum.
The ST forum, NOT the SG forum.
Hope that it will be the ELECTION CARROT.
Please try to convince Loctor Ng to make it happen.
HE is the SaNTA for Sg. -
Is all up to the govt how they want to say it. Cost? Why don;t they lower all their elites' and the ministers' income + income+income from all over the GLC?Originally posted by pat33:Better don't ask for it else they want you to pay back double after the election, with this increase, that increase.
Hypocrate -
Dear anonymouscoward,Originally posted by anonymouscoward:With all these talks about better economy and increase in bank rates, where is the "gradual" increment in employers's contribution the government promised a long, long time ago??
Will they do it?
Please remain anonymous lah. You don't know what happen to Captain Ryan from SIA meh? Later you become jobless then you know!
Refresh your memory here: http://www.singapore-window.org/sw04/040308aw.htm -
1. Please! We cannot allow the employer CPF to increase! It will break a glorious track of decrease in that area.
2. Employer CPF contribution and starting salary study:
I am so proud of our teachers!
Why?
Because they are taking less salary in 2005 than in 1994!
teacher starting salary:
1994: $1,883
2005: $2,400
Annualised increase per year: 2.2%
Annual inflation rate: -3%
Net of inflation: -0.8%
Employer CPF rate drop from 20% to current 13%: -7%
Net of inflation and Employer CPF: -7.8%
Saving of -7.8% for MOE! I am SO SO SO PROUD! Lets start a petition to increase our education minister pay for a job well done! -
Gong simi lan?Originally posted by Cindyfeh:1. Please! We cannot allow the employer CPF to increase! It will break a glorious track of decrease in that area.
2. Employer CPF contribution and starting salary study:
I am so proud of our teachers!
Why?
Because they are taking less salary in 2005 than in 1994!
teacher starting salary:
1994: $1,883
2005: $2,400
Annualised increase per year: 2.2%
Annual inflation rate: -3%
Net of inflation: -0.8%
Employer CPF rate drop from 20% to current 13%: -7%
Net of inflation and Employer CPF: -7.8%
Saving of -7.8% for MOE! I am SO SO SO PROUD! Lets start a petition to increase our education minister pay for a job well done!
Govt sector starting pay in Singapore (unlike other countries) is normally 10% higher than private sector (more for those in uniformed occupations), courtesy of our world-class government. Somemore this year ERECTION year, sure got high high bonus one lah!
Compared to private sector, i think Education sector is wasteful. Join teaching to mold your own future (govt sector every year increment, right?). Educate future generation? Just import from other countries -- cheaper and faster mah. NTU still have the cheek to propose buying 300 chairs at $2,200 each for their staff! No wonder the fees keep going up! KNN, my chair costs $50, am i going to be 44 times less productive than them? -
aiyo.. they should get a bonus for that lor actually... they chair not normal chair leh.. it's those osim massage chair there.. coz those lecturer all very stress what.....hard work leh.... then original price is more than 5K each... so they are saving $2,800 x 300 = 840K leh... so they just saved so much money leh..bulk order discount.... deserved their bonus right?Originally posted by ObviousMan:NTU still have the cheek to propose buying 300 chairs at $2,200 each for their staff! No wonder the fees keep going up! KNN, my chair costs $50, am i going to be 44 times less productive than them?
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Ya hor...import ready-made future generation lor.Originally posted by ObviousMan:Educate future generation? Just import from other countries -- cheaper and faster mah.
Go to China, India, Pakistan; select their top students and bring them over here to be our scientists, doctors, lawyers and everything else except government. Government must be reserved for certain elite families... -
i am sure MIW is doing it.
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Where is Mr Salman?? Need his expertise in commenting on this topic! Real funny...
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Sigh.. just receive another note from UOB that they increase the freaking loan rate by 0.4%. That translate into another 4K per annum in interested alone. Not to mention less money will actually go into reducing the principle loan and more cash payment since CPF is not enough...
Where's my CPF increment???
I think the government will use the "siam" tactic on this one. Pretend they didn't hear...