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Are private sector employees rewarded?
David Soh Poh Huat
Wed, Dec 05, 2007
AsiaOne

WITH good economic growth, our Government has announced fatter bonuses for civil servants.

This is really leadership by example: In bad times, freeze pay; in good times, share profits.

This makes me wonder whether the private sector is doing the same.

From my past observations, when it comes to a wage freeze and so on, private sector companies are the first to execute such measures, whereas when it comes to bonuses, they seem "quiet" about it.

Maybe the media could carry announcements regularly of companies giving extra bonuses.

At least, it will show the percentage of companies which are really taking care of their staff members.

During good times, most companies would say they anticipate "bad times" ahead, so they cannot pay more.

So when will exployees in the private sector get any "extra bonuses"?

 

 
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