No increment and poor bonus. Asia is always the second class region.
Pros
Colleagues are nice but manager could be horrible. Less political as majority getting no increment and pathetic bonus anyway.
Cons
1) No Increment. Many in group functions (previously known as Corporate Centre) has no increment. Management will give you different excuses such as: a) It's your first 2 years , very rare for someone in first 2 years have increment despite market and industry data supported at least some adjustment, they will just ignore the ground. b) They will also give reason saying you are not at the junior end of the rank so no increment. Increment is giving to people at the bottom end of the band or people outside the band. 2) Pathetic bonus - No matter how good you are, bonus is less than 1.5 months and some even less than 1 month. When they give you bonus >1 month, please expect to slave yourself and management will emphasize they are doing so much to fight for this good bonus for you and you need to do 2 - 3 persons job just to make it count. 3) Poor people in Singapore always being compared with low cost location like India. They always bring up topic that India can do the jobs in Singapore and people in Singapore is high cost and need to work double, triple hard. But they never look at SG vs. HK or SG vs. the other business hub like US, UK , Switzerland from which we are lowest cost location and better corporate tax environment. 4. Many conversion of work pass holders , and fair considerations is just a tick in the box exercise. Look at how many EP holders they hired in last 24 months.
