Following the move of its rival, transport operator Singapore Mass Rapid Transit (SMRT) has upped the basic salaries of their new bus drivers in a bid to attract more Singaporeans to the job.
Starting pay for new Singaporean bus drivers has gone up this month from $1,200 to $1,625 per month, an approximately 35 per cent hike.
After factoring in overtime, allowance and incentives, this figure goes up to $2,500 on average, up from between $1,600 and $2,000, said spokespersons for SMRT.
SMRT said a salary hike applies for its existing bus drivers as well, but this will be applied at varying amounts based on a number of factors such as years of service.
One spokesperson said that to-date SMRT employs about 1,900 “service Leaders” (SLs), of whom about 42 per cent are foreigners from Malaysia and China.
Last month, Singapore’s other main transport operator, SBS Transit, said it would increase the starting pay of new Singaporean drivers by 16 per cent from May onwards to encourage more Singaporean bus drivers to apply for such opening.
The basic pay was raised to S$1,600 from S$1,375. With overtime pay and allowances, drivers could earn about S$2,250 a month in gross salary in their first year of service, SBS Transit said.
The firm’s existing 1,900 Singaporean bus drivers also get to take home an additional S$225, with non-Singaporean drivers getting a smaller increase of between $75 and $150.
The transport operators' announcements come after the government announced in this year’s Budget it would set aside S$1.1 billion to fund a significant expansion of bus capacity.
Raise productivity to raise wages: PM Lee
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all the more fed up is the biased gender policy towards females which no country is ever like it.... now lowest fertility and still want productivity...i m so happy to hear that....is it worth to step into singapore marriage with full set of liabilities set against men? told them to be more balanced but they insist on destroying men's confidence towards them... just wait....2016...
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its not a surprise men do not vote for them...and its even more surprising women oppose them....
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Originally posted by Fcukpap:
its not a surprise men do not vote for them…and its even more surprising women oppose them….
Really?
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Repost:
Average S’poreans won’t feel effects of high inflation: Tharman
By Chua Yini | Yahoo! Newsroom – Mon, Apr 30, 2012
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Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam said the high inflation rate does not reflect the reality for average Singaporeans. (AFP file photo)
The high inflation rate does not reflect the reality for average Singaporeans, said Deputy Prime Minister and Finance Minister Tharman Shanmugaratnam.
Speaking at the May Day dinner on Sunday, Tharman said that, while the Consumer Price Index (CPI) rose by about 5.2 per cent in March in this year from the same month last year, “it does not mean that the average Singaporean will feel this high inflation”.
He explained that people who already own homes and are not buying new cars are not affected, because more than half of the inflation is due to higher cost of new car ownership and higher housing rents.
Tharman added that the increase in prices for daily necessities and essential services, such as food, clothing and education, has been “much more moderate”, at 3 per cent or lower.
Therefore, the inflation in actual household expenditures for most Singaporeans is lower than 5 per cent, he pointed out.
Nevertheless, he said the government is taking steps to tame inflation and is closely monitoring the situation, he said.
For example, the Monetary Authority of Singapore (MAS) has been gradually strengthening the value of the Singapore dollar to reduce the impact of imported inflation.
In addition, the government is providing some help for lower-income Singaporean households to cope with the rising cost of living, added Tharman, citing the recently introduced goods and services tax (GST) vouchers.
However, he said Singapore can expect more cost pressures as business wages rise amid the tight labour market.
“There will be pressure on consumer prices this year and the next few years,” he said.Read comments: http://sg.news.yahoo.com/average-s%E2%80%99poreans-won%E2%80%99t-feel-effects-of-high-inflation--tharman-.html
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Originally posted by Fcukpap:
its not a surprise men do not vote for them…and its even more surprising women oppose them….
We don't need a BLY PM and his team.
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We need to be cheaper better faster
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Originally posted by winsomeea:
We don't need a BLY PM and his team.
what's bly?
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chicken and egg issue...
Bosses thinking: Raise productivity to raise wages
Workers thinking: Raise wages to raise productivity
however, the balance have been broken when the floodgates open and FT flooded in who are willing to work more for less money...
In the long run, it will be harder and harder to recover from this "boss mindset".
Ur business has low cost due to FT manpower, imagine I take away FT and ur business expense for manpower increase, will u be happy?
Its like a drug, we shld starve off it asap...
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govt don't want to regulate the inflow of foreigners what can the average Sporeans do?bosses of cos like the foreigners!they provide cheap labor!and oblige to do OT!this is the modern day of slavery!import cheap labor to do ur work!
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Originally posted by ^Acid^ aka s|aO^eH~:
chicken and egg issue...
Bosses thinking: Raise productivity to raise wages
Workers thinking: Raise wages to raise productivity
however, the balance have been broken when the floodgates open and FT flooded in who are willing to work more for less money...
In the long run, it will be harder and harder to recover from this "boss mindset".
Ur business has low cost due to FT manpower, imagine I take away FT and ur business expense for manpower increase, will u be happy?
Its like a drug, we shld starve off it asap...
It's about profitability. As Sg becomes more expensive, firms need to supress something to maintain the profit line. Without minimum wages and wayang unions, workers become the easy target.
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Originally posted by Clivebenss:
It's about profitability. As Sg becomes more expensive, firms need to supress something to maintain the profit line. Without minimum wages and wayang unions, workers become the easy target.
You do not sound like sheep.
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Damn lot of weird people in sgforums.
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Something is very wrong when you compare Australia's GDP per Capita and Singapore's.
Singapore's GDP per Capita is 50% more than Australia, but the hourly wages in Singapore is around SG$5, while that in Australia is AU$15.
So where has the excess GDP per Capita gone?
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Originally posted by βÎτά:
Something is very wrong when you compare Australia's GDP per Capita and Singapore's.
Singapore's GDP per Capita is 50% more than Australia, but the hourly wages in Singapore is around SG$5, while that in Australia is AU$15.
So where has the excess GDP per Capita gone?
Don't think so much.
Get back to work.
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I think it's time to get rid of PAP.
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get a faster - cheaper - better - ferrari
its fast - its cheap (paper made 1), its definitely better if not why in spore?
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Originally posted by βÎτά:
Something is very wrong when you compare Australia's GDP per Capita and Singapore's.
Singapore's GDP per Capita is 50% more than Australia, but the hourly wages in Singapore is around SG$5, while that in Australia is AU$15.
So where has the excess GDP per Capita gone?
no idea. i failed my maths on his one
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Originally posted by lce:
no idea. i failed my maths on his one
It just mean the rich - poor gap VERY wide.
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Originally posted by charlize:
You do not sound like sheep.
baa baa black sheep.
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Originally posted by Clivebenss:
baa baa black sheep.
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SMRT raises bus drivers’ basic salaries by 35%
By Jeanette Tan | Yahoo! Newsroom – Fri, May 18, 2012 -
Oh Really!!!? hahahahahah! pay raise! hahahaha
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The government is actually afraid to tell off investors to raise Singaporean's wages. Simply with the fear that they will pack up and leave Singapore for China and many Singaporeans will then be unemployed.
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Originally posted by winsomeea:
SMRT raises bus drivers’ basic salaries by 35%
By Jeanette
Tan | Yahoo!
Newsroom – Fri, May 18, 2012Following the move of its rival, transport operator Singapore Mass Rapid Transit (SMRT) has upped the basic salaries of their new bus drivers in a bid to attract more Singaporeans to the job.
Starting pay for new Singaporean bus drivers has gone up this month from $1,200 to $1,625 per month, an approximately 35 per cent hike.
After factoring in overtime, allowance and incentives, this figure goes up to $2,500 on average, up from between $1,600 and $2,000, said spokespersons for SMRT.
SMRT said a salary hike applies for its existing bus drivers as well, but this will be applied at varying amounts based on a number of factors such as years of service.
One spokesperson said that to-date SMRT employs about 1,900 “service Leaders” (SLs), of whom about 42 per cent are foreigners from Malaysia and China.
Last month, Singapore’s other main transport operator, SBS Transit, said it would increase the starting pay of new Singaporean drivers by 16 per cent from May onwards to encourage more Singaporean bus drivers to apply for such opening.
The basic pay was raised to S$1,600 from S$1,375. With overtime pay and allowances, drivers could earn about S$2,250 a month in gross salary in their first year of service, SBS Transit said.
The firm’s existing 1,900 Singaporean bus drivers also get to take home an additional S$225, with non-Singaporean drivers getting a smaller increase of between $75 and $150.
The transport operators' announcements come after the government announced in this year’s Budget it would set aside S$1.1 billion to fund a significant expansion of bus capacity.Huat ah.
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My fortune teller say if I meet my lucky star (gui ren), good luck will befall on me.
He mention to donate more to increase probability of meeting gui ren.
My minister say, to battle rising costs of living, wages must increase.
Another minister say, productivity must increase to increase wages.
Why all these people talk so cheem?