Marquee Clutched February 1, 2007 Share February 1, 2007 Sitting with friends at kopi tiam, most shrugged off the $4 ERP. The reasoning is most company actually reimburse them on all transport related expenses. So parking fee goes up? no problem. Petrol price goes up? no problem. ERP goes up? again no problem. So does not matter if the ERP is at $4 or $10, the road will still congest. ↡ Advertisement Link to post Share on other sites More sharing options...
Ccssgm 1st Gear February 1, 2007 Share February 1, 2007 I dun see any Reason.....Why they Increase the ERP...... Increase Or Not Increase......They still must go through and Use It....... I think they Wan to Hav..... Good Profit for Comong Budget Year..... Link to post Share on other sites More sharing options...
Jacf Neutral Newbie February 1, 2007 Share February 1, 2007 Good for those who got company to reimburse. But bad for those who drove in on own expenses. I think the transport expenses of the majority of cars driving into city is not sponsored by companies , hence most ppl will feel the pinch rather than a small group of ppl driving on company expenses. Of cos, gov is also smart to increase rate by only 50 cts now. Ppl just can't feel the pinch or pain.. 50cts can't even buy a cup of kopi is wat most ppl will think. But over a yr, the sum paid can buy many many cups of kopi. Link to post Share on other sites More sharing options...
Metalslug Neutral Newbie February 1, 2007 Share February 1, 2007 wow so good ah, all reimburse... but some companies can change tack and cap the tpt reimbursement. or even reduce. Link to post Share on other sites More sharing options...
Fortress Clutched February 1, 2007 Share February 1, 2007 Believe LTA is trying to pay up the final payment schedule of complete their new expressway for the north east. Link to post Share on other sites More sharing options...
Bornfree Neutral Newbie February 1, 2007 Share February 1, 2007 what is $4/- when a car cost $50k nowadays.. may be $10 will make a difference.. with coy paying.. who cares.. LTA got to be more creative man.. Link to post Share on other sites More sharing options...
Watwheels Supersonic February 1, 2007 Share February 1, 2007 $4 of course is nothing if u pass thru it for one or two days. But how about those ppl who utilise that route for every workday? A small increase becomes a big difference. Link to post Share on other sites More sharing options...
Watwheels Supersonic February 1, 2007 Share February 1, 2007 Quote Sitting with friends at kopi tiam, most shrugged off the $4 ERP. The reasoning is most company actually reimburse them on all transport related expenses. So parking fee goes up? no problem. Petrol price goes up? no problem. ERP goes up? again no problem. So does not matter if the ERP is at $4 or $10, the road will still congest. LTA got issue receipt for ERP meh?? How u reimburse without a receipt?? Link to post Share on other sites More sharing options...
Apollo 1st Gear February 1, 2007 Share February 1, 2007 use cashcard reader like ADC one lor... then print out. u dunno meh? Link to post Share on other sites More sharing options...
Watwheels Supersonic February 1, 2007 Share February 1, 2007 Eh... I dunno. But every coy got one meh?? How much to get one? Link to post Share on other sites More sharing options...
Bornfree Neutral Newbie February 1, 2007 Share February 1, 2007 aviod the peak period lah.. wake up early or pass thru later.. all to save $4 a day.. Link to post Share on other sites More sharing options...
Kiss29 Neutral Newbie February 1, 2007 Share February 1, 2007 Coming from HR experience, yes many companies do subsidise ERP and petrol. But these things are considered as part of your SALARY package. If the ERP and FUEL increases....then the only set-back is your next yearly increment will be proportionally reduced. Company are not stupid. This is a much better option for company as the employees are made to 'think' that they are making use of the company $$$. But looking from my HR side, the $$$ is a zero-sum game for the company. The 'assumed' benefits will drive these employees into thinking that the company is good and will work hard for the company! (when in fact they are spending their own money indirectly) Life is but a stage. Its all about how you perceive things. Link to post Share on other sites More sharing options...
Watwheels Supersonic February 1, 2007 Share February 1, 2007 Aiyo...like that one ah. Ppl still very happy thinking it will not affect them. Link to post Share on other sites More sharing options...
Darth_mel 1st Gear February 1, 2007 Share February 1, 2007 (edited) So it's all about "feeling" good getting company to "pay" for transport allowance. No diff from gahmen "subsidizing" our HDB flats. Edited February 1, 2007 by Darth_mel Link to post Share on other sites More sharing options...
Adrianli Hypersonic February 1, 2007 Share February 1, 2007 U guys r bad man!!! For company related trips, I'll take cab n get reimbuse. Even from Suntec to Beach rd, 1 bus stop away only, I also take cab. Link to post Share on other sites More sharing options...
Liquidh 1st Gear February 1, 2007 Share February 1, 2007 Quote Sitting with friends at kopi tiam, most shrugged off the $4 ERP. The reasoning is most company actually reimburse them on all transport related expenses. So parking fee goes up? no problem. Petrol price goes up? no problem. ERP goes up? again no problem. So does not matter if the ERP is at $4 or $10, the road will still congest. The answer to it in terms of finance theory: AGENCY COST, so could that be an example of market failure (or just slow to adjust towards the equilibrium) Link to post Share on other sites More sharing options...
Ccssgm 1st Gear February 1, 2007 Share February 1, 2007 Quote Believe LTA is trying to pay up the final payment schedule of complete their new expressway for the north east. Link to post Share on other sites More sharing options...
Toyo 1st Gear February 1, 2007 Share February 1, 2007 Quote what is $4/- when a car cost $50k nowadays.. may be $10 will make a difference.. with coy paying.. who cares.. LTA got to be more creative man.. because u already spent 50k on a car, so you must find ways to save on other expenses. ↡ Advertisement Link to post Share on other sites More sharing options...
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