Vantaggi
Yearly bonus is pretty stable.
Svantaggi
After reorg with new gceo (not Philip Choo), work environment got worse. The default became work from office, which is totally opposite from government’s initiatives to push for flexible working. If wfh has been working well for so long, why take it away entirely when the new gceo came, without any good reason and without consulting staff what works better for different groups with different needs. Productivity has also dropped with working from office, where time is wasted travelling, socialising etc. Meetings always overrun now and do not start on time as compared to past virtual meetings where everyone is always punctual. Many good employees will eventually leave for other employers which can provide better work environments and this company won’t be able to attract good talents as monetary compensation is not the sole attraction for workers today. Furthermore, the progression here is extremely slow. Many studies have already shown that full work from office model is no longer effective. Happier workforce will naturally increase productivity. The approval processes has also increased and got more difficult. Instead of simplifying processes to improve efficiency, the layers are more and time taken to approve something is longer too. This reorg seems to make things even less efficient and becoming a more backward company.