To my dear "Others" friends who don't fall under that great big service under the Civil Service, let's cross our fingers & toes. The good news is, it's almost confirmed "They" who-shall-not-be-specified will not be getting anything more. *evirl snickering*
Civil service losing - Lured by perks, over 40% joined private sector in past year
by Lee U-Wen on TodayOnline Wed 14 Mar 2007
MORE lawyers and accountants in the civil service are jumping ship to the private sector thanks to the allure of many perks, such as better pay.
According to figures released to Today by the Public Service Division (PSD) yesterday, nearly one in two, or 46 per cent, of all legal service officers have tendered their resignations over the past year for greener pastures. Some lawyers have eventually gone on to earn over 30 per cent more than what they did in the civil service.
The Government is also struggling to hold onto its accountants. Forty-two per cent tendered their resignations over the past 12 months, citing reasons such as better pay and prospects in the private sector.
On the whole, the resignation rate in the civil service has increased from an average of 4.8 per cent in 2005 to 5.7 per cent last year.
Some segments like the management executive scheme for graduates, for instance, are facing even higher attrition rates, with 10.6 per cent quitting their jobs last year, compared to 7.4 per cent in 2005. The rate is highest at the entry-level grade, at 25 per cent.
The challenge to attract and retain talent was one key issue raised during the Committee of Supply debates in Parliament earlier this month. Then, Minister-in-charge of the civil service Teo Chee Hean announced that some civil servants would likely get a salary adjustment later this year — the first review since 2000.
This time round, there will not be a uniform, large-scale revision — instead, those services which are lagging significantly behind the market rate are likely to receive higher adjustments.
Said the PSD in its statement: "While the Civil Service does not aim to lead private sector salaries, we need to keep pace. Otherwise we will lose our ability to recruit and keep good officers."
Yesterday morning, Mr Teo, who is also the Defence Minister, said the Government is studying the employment data of fresh graduates as it reviews the salaries of civil servants.
He said the civil service would adjust its pay after looking at graduate employment surveys — such as the one released by the Singapore Management University on Monday, which showed its graduates pulling in 13 per cent more in starting salaries last year, compared to 2005.
Speaking at Republic Polytechnic's second graduation ceremony, Mr Teo said: "We've seen the job market become much more competitive, so we're looking at the data from various sources, and looking at how that impacts upon the Civil Service. We will put together the appropriate packages and it will be ready by April."
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