Friday's edition of Shin Min newspaper reported that Mediacorp pays Liang Tian(梁田), an old actor with 30 years experience, $1000 monthly! Before negotiation, the original contract was $750! Liang Tian says he is not going to recontract if mediacorp is reducing his salary again when his contract ends in April next year.
Another experienced actor(middle aged), Yan Bing Liang(严炳量), says his new contract is $1700 salary which is lower than a coffeeshop boy(reportedly $1800), without room for negotiation! Bing Liang is ending employment with Mediacorp to work as full-time property agent! He has been working as part-time property agent for quite some time and that job fetches him $2000 monthly. Working full-time, he is confident that he can easily earn $5000.
PS, I do not have a scanner to scan this news report to attach here. Sorry!
AnimeNewbie comments: The rich corporations are always talking about cutting costs while they never talk about cutting their own profits to help their employees. Looks like experience will bring us nothing, but the liability of high cost(salary), unless we are willing to eat the humble pie to take low salary! Is that even possible with high hdb loans, each of us is taking?