Personal Finance
Before Retrenchment: Be very aware of a Normal and Contingency Personal Cash Flow
By Investment Moats  •  April 24, 2015
I would think that times currently is good, where the overall employment rate is very high. To top that, rules are in place to make it not as easy to hire foreign labour. That is why I am surprised to hear from a friend that his friend in a foreign bank here has been retrench. The research done for banking back office is that landing a job now is not easy. That surprised me because the young bank sector folks seem to be very portable, leaving every one or two years. The retrenchment amount should enable my friend’s friend to tied over the period, and its good that the retrenchment benefits calculates a full month instead of half a month, which is getting more prevalent. The first thing that goes to your head after the anger or denial is perhaps landing another job. What creates fear is how long can ......
Read the full article
By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance