To: All Staff,
As you know, the realities of the downturn have hit home and I
am
forced to introduce the following cost-cutting measures to help
shore up
our beloved company. I know you will understand that the pain
is
temporary and the gains will be there for all of us to reap when
the company comes
through these difficult times stronger... and ready to ride the
next big
wave. So with immediate effect, all staff will be required to
adhere to
The following:
a. The cups on the two vending machines are to be recycled.
Annabelle has
already serialised them.
b. Sabbatical leave: Executives booked for New York will now go to
Kukup
in Johor Bahru instead. Senior executives can go further - up to
Yong Peng.
c. Our chalet lease in Pulau Ubin has ended. However, as the
management
takes a keen interest in staff welfare, we have arranged with
Francis
(from Admin Dept) to rent out one of his rooms at Blk 923, Pasir
Ris Drive. His
flat was chosen for its proximity to the sea and you can still see
Ubin
from the window.
d. Entertainment claims: Staff will be required to go for a
30-min
demonstration by Raj from Finance Dept, who will show you how to
withdraw
your credit card slowly from your wallet (58 secs), so that others
at a
business lunch will inadvertently beat you to it when the bill
comes.
e. The Valentine's Day white chocolates (Deluxeur) which I gave out
in
February: Those of you who have yet to open the box, please return
them
expiry date: Jan 2004).
f. Monthly Best Employee Award: The $1000 cash award will now be
replaced
by a box of Deluxeur white chocolates.
g. Annual Best Employee Award: The 14-day Disneyland/Hawaii tour
and
solid gold Rolex Oyster watch will be replaced by TWO boxes of
Deluxeur white
chocolates.
h. Medical: The Oxfordshire-Hopkins Medical Group will no more be
on our
panel. Annabelle will give you the address of Hong Tong Hong
Medical
Hall in Sungei Road. Bring you company pass for a 10%
discount.
i. Country Club Memberships: Senior executives must return
their
membership
cards to Annabelle, who will then register your name with
Bishan
Community Centre.
j. Transport Allowance: No reduction of rate! However, it will be
paid on
alternate months.
k. Gifts for clients: New choices. The Bohemian Crystal list will
be
replaced by the one from 7-eleven.
l. Annual Dinner & Dance: No change (Dec 24, yay!), but the
venue is
switched from The Ritz-Carlton to the void deck of Annabelle's flat
in
Ang Mo Kio Avenue 10.
m. Bonus: This time, staff welfare comes first! Instead of the
usual
amount, we raised it up to $2 million. Each employee will be given
a
Singapore Sweep ticket. The draw is on Dec 5.
From: Chief Financial Officer
