Worker missing after building structure collapses at Tanjong Pagar work site.

[BanCoe]

On 6/16/2023 at 3:09 PM, Arogab said:

Our society still cannot accept paying high at the low end and those working professionally being creative like people in Swiss lah

Despite all the (claimed) safety measures and higher levy's & quick construction practises with increasing raw material costs (as they claim) .......... all condo's talking now no less than $2k psf......... haiz...... how the nexGen can even dream of one even if its 1,000 sq ft       

Edited June 16, 2023 by BanCoe

[Arogab]

On 6/16/2023 at 2:18 PM, 13177 said:

Being paid market rate doesn't mean good pay hor. Market rate could be at the lowest end of the salary scale. Example market rate for an engineer pay range is between $3k to $4k. If company is paying that person at $3k, definitely not a very attractive salary but it is still considering paid market rate lo. 😂

Haha, I am being paid to run a business with 2 business units. I also donno what market rate and cannot compare lah. I happy can liao

On 6/16/2023 at 3:34 PM, BanCoe said:

Despite all the (claimed) safety measures and higher levy's & quick construction practises with increasing raw material costs (as they claim) .......... all condo's talking now no less than $2k psf......... haiz...... how the nexGen can even dream of one even if its 1,000 sq ft       

I tell my daughter, she have to craft it out herself. Not for me to worry too much. At most if she wants to start her own company I will help. The rest I cannot think too much or there will be more white hair 

[inlinesix]

On 6/16/2023 at 4:34 PM, BanCoe said:

Despite all the (claimed) safety measures and higher levy's & quick construction practises with increasing raw material costs (as they claim) .......... all condo's talking now no less than $2k psf......... haiz...... how the nexGen can even dream of one even if its 1,000 sq ft       

Bro, I had said a lot of times during COVID that mass market condo will be $2k/psf soon.

Look at the bid price of land from 2020 to 2022.

[inlinesix]

On 6/16/2023 at 3:18 PM, 13177 said:

Being paid market rate doesn't mean good pay hor. Market rate could be at the lowest end of the salary scale. Example market rate for an engineer pay range is between $3k to $4k. If company is paying that person at $3k, definitely not a very attractive salary but it is still considering paid market rate lo. 😂

Most applicants will not accept a $3k offer as some other companies are paying $4k.

Sooner or later, that company has to pay $4k.  Otherwise, the hiring manager has to do it himself lor.

[13177]

On 6/16/2023 at 5:54 PM, inlinesix said:

Most applicants will not accept a $3k offer as some other companies are paying $4k.

Sooner or later, that company has to pay $4k.  Otherwise, the hiring manager has to do it himself lor.

The applicant might not know what other companies are paying. You will be surprised that some companies despite paying on the lower end of market rate salary, yet they are still able to hire people.

And even they know other companies are paying higher salary, but this doesn’t mean the applicant will get hire by the company.

Edited June 16, 2023 by 13177

[Stary]

On 6/16/2023 at 4:34 PM, BanCoe said:

Despite all the (claimed) safety measures and higher levy's & quick construction practises with increasing raw material costs (as they claim) .......... all condo's talking now no less than $2k psf......... haiz...... how the nexGen can even dream of one even if its 1,000 sq ft       

When comes to property, the nextGen will get help from their parents. Either as a gift, cash-injection, or inheritance. It's only a matter of time.

What people should worry more for the nextGen is the state of the world economy. From 2010 till now, the economy and the stock market have been pumped with helicopter's money, giving insane returns over the last decade or so. US debt is in trillions now with no sign that it will ever decrease. Many cans have been created and kicked down the road so that the current generation can continue to have prosperity that seems to magically appear from nowhere.  

The party has to eventually end with some future generation footing the bill. That one, when it comes, no parents can help.

[Benarsenal]

Sibeh suay. Just walking only

https://www.straitstimes.com/singapore/worker-killed-in-tanjong-pagar-towers-demolition-was-walking-on-path-outside-worksite

[Victor68]

On 6/16/2023 at 5:54 PM, inlinesix said:

Most applicants will not accept a $3k offer as some other companies are paying $4k.

Sooner or later, that company has to pay $4k.  Otherwise, the hiring manager has to do it himself lor.

The next bid will ensure the earlier bid was low to ensure profit 😔

[ER-3682]

On 6/23/2023 at 8:06 PM, Benarsenal said:

Sibeh suay. Just walking only

https://www.straitstimes.com/singapore/worker-killed-in-tanjong-pagar-towers-demolition-was-walking-on-path-outside-worksite

That is His Fate,just wonder how much Workman Insurance will pay out to his Family.?I last heard about $120,000.

[Knighthunter]

The way of subcontracting everything makes some important skill set missing and plus with price cutting practice among bidders to secure contract with lowest price, sometime it's just disaster waiting to happen it doesn't matter how tight regulations. Low cost lead to low automation and lead to dependency of cheap labour.

Once I was so disheartened when I am attending problem in the enduser plant, instead we addressing the problem and get solution formulated, plant team discussing which contractor is responsible. This all sub-contracting model create lots of Tai Chi masters......

[inlinesix]

On 6/24/2023 at 10:27 AM, Knighthunter said:

The way of subcontracting everything makes some important skill set missing and plus with price cutting practice among bidders to secure contract with lowest price, sometime it's just disaster waiting to happen it doesn't matter how tight regulations. Low cost lead to low automation and lead to dependency of cheap labour.

Once I was so disheartened when I am attending problem in the enduser plant, instead we addressing the problem and get solution formulated, plant team discussing which contractor is responsible. This all sub-contracting model create lots of Tai Chi masters......

Maximum profit 

minimum responsibility 

👍🏻