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Shaming workers asking for a higher salary is “toxic,” Singaporean argues

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SINGAPORE: A man recently took to social media to ask why people shame others, particularly the fresh grads, for asking for a higher salary. He questioned the motives behind such behavior and labeled it as “toxic.”

“For others, somehow they think that people who ask for a higher salary should be punished’ and shamed,” he wrote on the SingaporeRaw subreddit on Thursday (Jun 27).

“They think they have the right to impose their sense of superiority onto others and sometimes even attack a whole generation for that few instances.”

He argued that many people ask for higher salaries because they don’t know the market rates or worry that companies might lowball them. For him, negotiating salary is just part of the job hunt and “is not a big deal.”

If they can’t agree, he believes it’s best to part ways amicably, so both sides can find a better fit elsewhere without hard feelings.

“Is it unethical to shame others for asking for a higher salary?” he asked, “As a society, I think this is toxic. Dramatise a trivia process in which the other person has their right for request. What do you think?”

“Why pay heed to someone else’s opinion?”

In the comments section, a netizen explained that people did not shame the fresh grads “for asking for a higher salary,” but because they are clueless about the market rate and have an inflated sense of what they are worth.

He added that if someone asks for a raise and succeeds, perhaps because they were previously underpaid by a stingy company or had outperformed their peers without recognition, generally people would clap for them for standing up for themselves.

However, the situation differs significantly for fresh graduates.

Another netizen joined the conversation, admitting that while he criticizes others in his thoughts, he does so because he believes some people who ask for raises don’t necessarily deserve them.

He shared, “Got some colleagues the whole year do nothing siam all work finish all MC allocation and keep taking NPL suddenly to Siam more work. They still get a face to ask for 10%+ and get upset when they don’t get it.”

Another netizen chimed in with some advice for the man, reminding him that he can’t control what others think, say, or do. The only thing he has control over are his own thoughts, words, and actions.

He said, “If you’ve contemplated and justified those honestly, keep your word being honest, then why pay heed to someone else’s opinion?”

Read also: “S$4K starting salary is too high” — HR rep tells fresh grad S$4K is only for “top 3 uni grads with 1st-class honours”

Featured image by Depositphotos

Pregnant admin staff laments she is unhappy at work but needs the job for CPF contributions

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SINGAPORE: A pregnant administrative staff member at a small-medium enterprise (SME) recently took to Reddit to express her frustrations about the lack of career progression and benefits in her job.

“I’m anxious and stressed out on whether to continue with this work as there is no job progression, no benefits, just me absorbing all of my boss’s work and completing them as and when he asks,” she wrote.

“However, I need a fixed income to contribute to my CPF as I’m applying for houses right now.”

Moreover, she elaborated that as the only admin staff, apart from one colleague nearing retirement, her boss has delegated all responsibilities to her.

“I’ve spoken to my boss that I’ve been feeling overwhelmed with my job tasks to which he tells me that if it’s not important, it can wait unless ‘if people are rushing me then I’ll rush you.’”

However, despite voicing her concerns to her boss, she received little relief and, in fact, saw her workload increase. Her boss even tasked her with recruiting interns and a new full-time employee.

“So far, <5 has applied. It doesn’t help that he requests the said additional full timer to take on so many different roles with a pay < 2.5k. For the interns, none have applied.”

Furthermore, she shared her worries about her plans post-maternity leave. Initially, she had set her sights on switching to part-time work, hoping for a better work-life balance. However, she now questions whether this option is viable given her current situation.

In addition, her boss has informed her that working from home is not feasible for their operations.

Turning to others for advice, she asked, “Do I find another job after ML or stay?”

“Career progression can wait until your situation is stable.”

Several netizens offered their advice in the comments section, suggesting that the woman should carefully weigh her options before making any decisions.

Many felt that she should take her maternity leave first and then reassess her situation afterward.

One netizen said that her boss “doesn’t seem too bad” as he already told her that it’s okay to push non-urgent things back.

He added, “Look, when you have a big tummy and when you need the regular CPF contribution for housing application, you cannot be so picky to want career progression and good benefits (other than ML). Career progression can wait until your situation is stable.”

Another netizen advised her to focus primarily on getting enough rest and taking care of her health during this time. She emphasized that her well-being should be her top priority, especially given the physical and emotional demands of pregnancy.

She added that if she feels overwhelmed by her workload, she should communicate this to her boss clearly. She could ask her boss to either reassign some of her tasks to other colleagues or to reduce the overall intensity of her workload.

As for recruiting interns and finding a new full-time employee, they stressed that this was not her responsibility and she should delegate it to the appropriate personnel.

They emphasized that she shouldn’t have to take on extra responsibilities, especially given her current situation.

One netizen said, “Finding a replacement should be your boss’s job and not yours. Highlight that and if it fails, just find a cover and go on your maternity leave and let your salary be covered by the company. After that, return to work or if it gets too tough, find another job. You don’t owe the company or the boss a living.”

Read also: Intern claims SME asked them to work despite being on MC

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“Should I accept or reject BTO?” — SG man asks because his fiancé cheated on him with his friend after BTO got approved

SINGAPORE: Securing a BTO flat with a loved one is a major milestone for many Singaporeans, but it turned out to be a real downer for this one particular man.

Posting on r/SingaporeRaw, he shared that shortly after their BTO was approved, his girlfriend admitted to cheating on him with his friend. “She confessed that she wanted to come clean and start afresh and expect me to forgive her,” he wrote. 

“We have already sort of planned our wedding and everything. I don’t understand why she would tell me this after we got our BTO approved,” he added.

Now faced with a difficult decision, he pondered whether to stay in the relationship or let go of the house.

Turning down the BTO would mean a 5 to 6-year setback, and he was unsure if he could keep the place or how long it would take to get another one.

The financial implications also added to his distress, as he had already invested significantly in the deposit.

“I have already put in quite a sum in the deposit and it’s quite an amount for a fresh grad who just started work. Should I accept or reject BTO? I can’t understand how someone could do something like this. Is there a way to retain the house?”

“Money can be earned back. Trust, not so much, almost impossible. Time, no.”

In the discussion thread, many suggested that the man should forgo the BTO, arguing that sacrificing 5–6 years of his life is a small price compared to potentially spending 50–60 years with a partner who has cheated him.

They also questioned whether he wanted to endure decades of hard work to pay alimony to a cheating wife who may not even be a positive influence on their children. 

They urged him not to prolong his suffering, emphasizing that he’s still young and can start anew by ending the relationship and forfeiting the BTO flat.

One netizen said, “It ain’t worth it staying with someone who willingly cheat on you and inform you after BTO is approved. She knows you cannot run away so she tell you at that moment.”

A divorced netizen also chimed into the discussion and shared that he forgave his ex-wife before for cheating on him. He even ignored her red flags and married her despite being betrayed.

However, later on, he realized that he shouldn’t have tolerated her mistakes.

He then advised the man not to go down the same path and suggested cutting ties with the woman while it was still early. He added, “Like many mentioned, money can earn back. Trust, not so much, almost impossible. Time, no.”

A third netizen who also got cheated on by his partner a month before their wedding told the man to simply let go of the relationship entirely, stressing that it’s a decision that could greatly improve his life. 

He also encouraged him not to dwell on the past or try to fix what’s broken. Instead, he suggested he cut his losses financially, take what he could, and move forward. 

Read also: Bride dodges groom’s kiss during wedding; gets divorced one year later for cheating: Singaporeans share top signs of doomed marriages

Featured image by Depositphotos

“Is it easy to find a job for people in their 40s?” — Singaporean wanting to resign from his “depressing” job asks

SINGAPORE: An employee in his 40s took to an online forum to share his reservations about resigning from his draining job, citing his uncertainty about his chances of finding a job at his age.

“Is it easy to find a job for people in their 40s?” was the pressing question a Reddit user asked Singaporeans in an online forum on Monday (June 24).

“My job is making me really depressed and affecting me mentally and I wish I can resign straight away,” the writer shared.

“However, I am worried that I will not be able to find another job so fast. I’m thinking if I should get a part-time or temporary job while looking for a new job just to earn some money and not idle at home,” he added.

To end the post, the writer gave the floor to other employees around the same age, asking, “People in their 40s, have you been in this kind of situation before? How is the current job market for people at our age? Any advice? Thank you.”

Singaporeans share their two cents on finding a job on your 40s

A handful of online users responded to the post, sharing their two cents.

“In my 40s, starting a new job today,” one shared.

“While still employed, (I’ve) been casually looking for jobs since Dec last year with very minimal results. Started looking more seriously in March but seeing only a slight improvement in response. Finally got the job in May and starting today.

Conclusion is, it seems a lot harder these days to get the job that you want with the remuneration that you expect. Thus, quitting without securing a new job might be too big of a gamble.”

“I feel like it isnt easy to find a job nowadays anyway,” another shared.

Read also: Yet another unemployed grad wonders how to explain long employment gap in resumè

A third wrote, “I’m closing in on my 40s and yes, the pressure is real. It’s not just about the current job market; as we get older, our options just get fewer, unfortunately.

There are definitely opportunities available for us but personally, these few things worked for me too:

1) Be open to unlearning and relearning… 2) Identifying the most minimum I need to survive… 3) Some skills are more important than others.”

On the other hand, one argued that there are more important things to worry about in life.

“Dude, nothing, NOTHING is worth depression and deteriorating mental health,” the comment read. “Quit your job if you have savings. Take a trip, enjoy your life, and get into some hobbies.

Of course, be wise about it, make sure you have enough savings to tide you over, go on cheaper trips that fit your budget, indulge in good food but don’t go overboard.

Get your life back together before heading back into the workforce. Human beings are resilient, you can always find another job, even if it isn’t the same paying one, and work your way up.

I took a 20% pay cut to do freelance photography, and now my hours are just so much better. I plan my own schedule, I take holiday trips whenever I feel like it. Money’s not everything. Focus on yourself.”


Featured image by Depositphotos

Town councils report: Win-win for the Workers’ Party

Singapore politics seemed to have crossed a milestone last week. Town council (mis)management may no longer be such a convenient red flag to wave off voters from supporting the Opposition.

The People’s Action Party will have to think of better ways of painting the Workers’ Party – between now and GE2025.

According to CNA: “For the first time, all town councils have scored ‘green’ – the highest of three ratings – for all indicators in the latest estate management report released by the Ministry of National Development on June 27.

The report, covering the financial year from April 2023 to March 2024, assesses town councils across four indicators – estate cleanliness, estate maintenance, lift performance, as well as service and conservancy charges (S&CC) arrears management.

Assessments are given using three colour bands – green, amber and red.”

CNA added: “Sengkang Town Council made improvements this time in the area of S&CC arrears management, having been the only one among 17 town councils to be rated amber in the previous report for 2022.

For 2021, Sengkang Town Council, Chua Chu Kang TC and Jurong-Clementi TC were marked down for their performance in S&CC arrears management.”

Looks like He Ting Rhu, Louis Chua and Jamus Lim, plus whoever stepped in to help cover for Raeesah Khan, have done a good job. Khan resigned her seat in November 2021 after making unsubstantiated allegations in Parliament on three occasions.

Aljunied-Hougang Town Council, the other WP cluster, is also in the green for operational management. So far, so good.

The second part of the Town Council Management Report (TCMR) will come in December. This will be on corporate governance. While the just-released report is about the nuts and bolts, the year-end one is on control, decision-making and accountability.

Now, if the overall governance rules for town council management are clear and established, with excellent examples and precedents to follow aided by a competent public service, I do not see how competent politicians on both sides of the Parliamentary divide can go far wrong.

The TCMR’s all-green flag is yet another sign that the Opposition can only get better and has a big part to play in moving Singapore forward.

Let it be routine. Let red be the exception. If not, it will be more of a reflection of the performance of the National Development Ministry, which ultimately oversees the management of Singapore’s town councils.

It also means that we are not progressing and that our elected leaders are stuck in this bizarre drama of competing for a pat on the back from the MND for a job that the MND should itself be doing!

If at all this is going to be an issue in the coming general election, the points to be put across to the voters should be:

If the Workers’ Party gets TCMR greens for corporate governance, we should say that Opposition parties can do as good a job as anyone.

If the WP gets whacked with amber, pass the amber back to the MND, where it should truly land.

Win-win for the WP.


Tan Bah Bah is a former senior leader writer with the Straits Times. He was also managing editor of a magazine publishing company

Ingvar Kamprad: IKEA’s Frugal Billionaire

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Aside from Warren Buffett, another name deserves equal recognition for his penny-pinching ways: Ingvar Kamprad, the founder of IKEA. Despite his immense fortune, Kamprad’s financial habits were as humble as they come.

Kamprad, who passed away in 2018 at 91, was one of the world’s richest individuals. His net worth was around $58.7 billion at the time of his death, placing him as the eighth richest person globally.

Ingvar Kamprad is stingy and proud

Kamprad unabashedly declared in an interview, “I’m stingy and proud.” And he certainly lived up to this statement. He built a global empire with IKEA, yet his lifestyle starkly contrasted with his vast wealth. Kamprad famously flew coach, stayed in budget hotels, and drove a modest 1993 Volvo 240 GL for over two decades.

Kamprad’s thriftiness extended to his wardrobe. Even as one of the world’s wealthiest men, he shopped at flea markets, a habit he maintained even after returning to Sweden from a 40-year tax exile. “If you look at me now, I don’t think I’m wearing anything that wasn’t bought at a flea market,” he said.

His frugality even influenced his grooming habits. After paying about $27 for a haircut in the Netherlands in 2008 — an expense he found excessive — Kamprad told a Swedish newspaper, “Normally, I try to get my haircut when I’m in a developing country. Last time it was in Vietnam,” underscoring his commitment to cost-efficiency.

Kamprad’s thrift was not just about saving money; it was an integral part of his leadership style and corporate philosophy. He believed in leading by example, famously stating, “How the hell can I ask people who work for me to travel cheaply if I travel in luxury? It’s a question of good leadership.”

Personal habits to business legacy

His financial prudence extended beyond his habits to his business legacy. Kamprad ensured that his heirs did not inherit the billions tied up in IKEA. Instead, they received the significantly smaller Ikano Group, with assets around $10 billion. In 1982, he established the Stichting INGKA Foundation in the Netherlands, a charitable entity controlling the majority of IKEA stores worldwide through a series of holding companies. Another holding company, Inter IKEA Systems B.V., owns the IKEA brand and overall franchise, under a foundation based in Liechtenstein.

This elaborate setup preserved the IKEA brand’s independence from the Kamprad family, aligning with the founder’s vision of longevity for the company over familial wealth accumulation. Jane Gray, Senior Solicitor at Stowe Family Law, noted, “Trusts are a great facility to ringfence and preserve assets after you have died, but the downside is any control element dies with you.” She emphasized that assets in a trust are managed by trustees for the beneficiaries, not necessarily direct heirs.

Kamprad’s primary concern was the longevity of IKEA’s ethos, focusing on innovation and design over personal wealth. His story, while extreme, highlights the value of mindful spending and financial planning.

Source: IKEA Founder Was Worth $60 Billion But Drove A 1993 Volvo, Flew Coach And Got His Haircuts In Developing Countries: ‘I’m Stingy And Proud’

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The post Ingvar Kamprad: IKEA’s Frugal Billionaire appeared first on The Independent News.

Money laundering events in Singapore rose by 79%

SINGAPORE: In 2023, the money laundering events in Singapore rose by 79% compared to 2022, according to credit ratings agency Moody’s, which has raised concerns about the city-state’s financial sector.

Chua Choon Hong, a senior director and head of the financial crime practice group for Asia-Pacific and the Middle East at Moody’s, provided insights into the issue.

In a report by The Business Times, he explained that Singapore’s open economy and high volume of international transactions make it more vulnerable to money laundering risks.

Despite the country’s strong compliance reputation, as noted in the Monetary Authority of Singapore’s national risk assessment, Mr Chua warned of potential complacency among financial institutions and other businesses.

He explained that while increased regulatory scrutiny might lead to higher compliance costs, it is essential for fostering trust in the economy’s integrity.

This scrutiny also promotes trade and transactions in the region and helps mitigate the impact of financial crime.

Moody’s data shows a steady increase in money laundering events across the Asia-Pacific region from 2018 to 2023. In Southeast Asia, such incidents rose by 64% in 2023 compared to 2018.

Thailand, Singapore, Malaysia, Indonesia, and the Philippines are the top five countries facing these challenges.

A notable trend in Singapore is the increasing number of users of corporate service providers to create entities that could potentially function as shell companies. 

Moody’s data also revealed that over 8% of the 1.7 million registered entities in Singapore have directors with an unusually high number of concurrent directorships or directorships at inactive companies.

This raises concerns that nominee directors might be used to hide true ownership.

Mr Chua believes that corporate service providers and legal persons dealing with these entities on behalf of clients should be subject to the same level of scrutiny as financial institutions.

This is essential for enhanced due diligence and effective risk mitigation. He also noted that the stringent due diligence practices by financial institutions have led to longer client onboarding times.

However, he emphasized that this measure is necessary due to the increased inflow of wealth into Singapore and the need to scrutinise the source of these funds. /TISG

Read also: Sale of shophouses linked to money laundering probe sparks buyer interest

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950,000+ Singaporean households to receive U-Save and S&CC rebates this July

SINGAPORE: Over 950,000 households living in Housing Board (HDB) flats will receive U-Save and service and conservancy charges (S&CC) rebates this July. This initiative comes as gas and electricity prices are set to increase.

The Ministry of Finance (MOF) announced on June 28 that the rebates are part of the second quarterly disbursement for the 2024 financial year under the permanent GST Voucher (GSTV) scheme and the Assurance Package.

This scheme received an additional S$1.9 billion boost in Budget 2024. The goal of these rebates is to help lower- and middle-income households manage their living costs.

The Straits Times reported that households in one-room and two-room HDB flats will receive S$285 in U-Save rebates. Those in three-room flats will receive S$255, while families in four-room flats will get S$225.

Five-room flats will receive S$195, and executive or multi-generation flats will receive S$165.

These rebates are crucial as they will help offset the price increases for gas and electricity from July to September. On June 28, City Energy, the producer and retailer of piped gas, along with grid operator SP Group, announced these changes. 

Electricity tariffs will rise by 0.3% compared to the previous quarter, resulting in 29.88 cents per kilowatt-hour (kWh) tariff for households before goods and services tax (GST), up from 29.79 cents.

Despite the increase, this is still one cent lower than the tariff in the first quarter of 2024. SP Group attributes the hike to increased energy costs.

For a family living in a four-room HDB flat, the new tariff will mean an increase of 35 cents in the monthly electricity bill before GST, rising from S$118.03 to S$118.38.

Gas tariffs will also see a rise of 0.3 cents per kWh, with households paying 23.42 cents per kWh before GST, up from 23.12 cents. Including GST, the revised tariff amounts to 25.53 cents.

In terms of S&CC rebates, residents of one-room and two-room flats will receive a one-month rebate, while all other households will get a half-month rebate.

Households do not need to take any action to receive these rebates. The U-Save rebates will be directly credited to households’ utilities accounts with SP Services, and the S&CC rebates will be credited directly by town councils. /TISG

Read also: More CDC vouchers released with cash payouts coming in September and December 2024

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RDU advocates for lower rental fees and cutting out middlemen to better protect hawkers

SINGAPORE: A visit to a bak chor mee stall at Tanglin Halt Market and Food Centre gave members of opposition party Red Dot United (RDU) a chance to talk to hawkers about the pressing issues they’re facing these days.

“We listened closely to our hardworking hawkers,” wrote RDU in a Facebook post earlier this month, adding that the hawkers talked to them about a number of issues, including labour shortages and high rental and cleaning fees.

Not to say that the visit was a sad one. The RDU team felt welcomed at Tanjong Pagar with “a positive vibe.” Residents told them they were happy to see them, with some even noting that political competition is good.

The party added in its post that they promised to amplify hawkers’ voices, adding that their issues are among the points they’ll include in their election manifesto. Lower rental fees and halting rent hikes at government-owned food centers would help hawkers thrive, wrote RDU, which also appealed to its Facebook followers to “support our local hawkers and cherish our food heritage.”

As we wanted to know more about the challenges hawkers face, The Independent Singapore reached out to RDU to tell us more about the issue. High prices all around appear to be their number one issue.

Despite working long hours daily, high costs have eaten into their profits, and one hawker who only opened his stall half a year ago told RDU he might have to close down if business doesn’t pick up.

While footfall has increased since pandemic restrictions ended, so have costs—including transportation, ingredients, and even the GST, as well as utility bills.

A stallholder told the party that he’s now paying more for water and electricity, which naturally means less profit for him.

“They are caught between a rock and a hard place because if they raise prices too much or reduce portions, customers will complain, and some may even stop patronising their stalls,” Mr Eddy Tan, the Media Liaison for RDU, told TISG.

When RDU asked the hawkers what they wanted, the opposition party was told the hawkers were not asking for “handouts handouts” but were seeking support from the government, which included stepping into moderately increased rentals and keeping essential costs like water, electricity, and transport prices low. This would also allow the hawkers to afford to pay more for manpower.

“This kind of structural support would be of the greatest value to them, allowing them to sustain their businesses and thrive in a challenging economic environment,” added Mr Tan. /TISG

Read also:RDU chief asks why public transport operators seem “ill-prepared” in managing contingency plans