Windwaver Turbocharged March 22, 2011 Share March 22, 2011 http://www.moe.gov.sg/education/post-secondary/ Probably they should conduct another survey 10 years after the grads started working ↡ Advertisement Link to post Share on other sites More sharing options...
Freestylers09 5th Gear March 22, 2011 Share March 22, 2011 SMU last 2-3 years top pay is 5 digits..it's from IT but they hired by banks doing some investment stuffs link to IT..not sure exactly is what.. Link to post Share on other sites More sharing options...
Rockaphonics 2nd Gear March 22, 2011 Share March 22, 2011 Cannot compare salary now and last time mah... Factor in inflation, rising wages due to competition, salaries definitely higher than 10 years ago. $13k starting salary is really something, must be a trader. Link to post Share on other sites More sharing options...
Curahee 1st Gear March 22, 2011 Share March 22, 2011 Traders, banker this type of job not anyone can do one, need network to pull string den can go into the community. These type of job opening not those flip newspaper, surf jobsdb etc den can apply type. My cousin go into forex, only mid 20s already fetch 5 digit pay mthly with guaranteed 1 yr bonus, my auntie those rich tai tai know those foreign bank hr boss, pull string to let her work there. This type of job even u wanna do also no chance if u dunno anyone out there. Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 22, 2011 Share March 22, 2011 (edited) Traders, banker this type of job not anyone can do one, need network to pull string den can go into the community. These type of job opening not those flip newspaper, surf jobsdb etc den can apply type. My cousin go into forex, only mid 20s already fetch 5 digit pay mthly with guaranteed 1 yr bonus, my auntie those rich tai tai know those foreign bank hr boss, pull string to let her work there. This type of job even u wanna do also no chance if u dunno anyone out there. Only if your cousin is experienced and has a track record in the industry, yes, possible but mid 20s Singaporean man is still wet behind the ears in the workforce, how to have track record and experience? They may get a fairly high basic but 5 digit and guaranteed 1 yr bonus? definitely not. It's true that you'll need to have some network but calling that pulling strings would be too strong. Becos for trading / dealing job, you must perform. if you get in an dont perform, you become a parasite and a cost. Parasites and Costs get booted out in time to come. In today's world, even wine and dine private bankers are slowly but surely being eliminated as clients are more sophisticated and more results oriented. A fresh grad getting $4 - $5k basic in the financial industry? Yes definitely attainable, in a certain area of the financial industry and these are not cream of the crop yet. Edited March 22, 2011 by Throttle2 Link to post Share on other sites More sharing options...
Little_prince Supersonic March 22, 2011 Share March 22, 2011 Only if your cousin is experienced and has a track record in the industry, yes, possible but mid 20s Singaporean man is still wet behind the ears in the workforce, how to have track record and experience? They may get a fairly high basic but 5 digit and guaranteed 1 yr bonus? definitely not. It's true that you'll need to have some network but calling that pulling strings would be too strong. Becos for trading / dealing job, you must perform. if you get in an dont perform, you become a parasite and a cost. Parasites and Costs get booted out in time to come. In today's world, even wine and dine private bankers are slowly but surely being eliminated as clients are more sophisticated and more results oriented. A fresh grad getting $4 - $5k basic in the financial industry? Yes definitely attainable, in a certain area of the financial industry and these are not cream of the crop yet. i see liaoz sho emo Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 22, 2011 Share March 22, 2011 (edited) i see liaoz sho emo no need to emo. there are trade offs always. What is more important is not what you start off with, but how you advance from there Edited March 22, 2011 by Throttle2 Link to post Share on other sites More sharing options...
Observer 4th Gear March 22, 2011 Share March 22, 2011 7-8k not everyone lah.. selected 1 or 2 out of thousands, CAP perfect 5.0/5.0 one.. the rest still stuck with <1k allowance.. my friend got into one of those financial institution with 7-8k intern 'allowance'. Internship is 2 phases, first part in hk second in sg itself. no perfect score, just close...but a lot of ccas and ace the interview... Link to post Share on other sites More sharing options...
Little_prince Supersonic March 22, 2011 Share March 22, 2011 no need to emo. there are trade offs always. What is more important is not what you start off with, but how you advance from there 1st job: kena scream at everyday 2nd job: sometimes i can shout back present job: first thing reach office call ppl in my room and start screaming at them life goes one big circle... [laugh] Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 22, 2011 Share March 22, 2011 (edited) 1st job: kena scream at everyday 2nd job: sometimes i can shout back present job: first thing reach office call ppl in my room and start screaming at them life goes one big circle... [laugh] wah, but that doesnt sound too pleasant leh... I dont think i've ever shouted (in anger) at anyone (co worker) at my workplace to date. Edited March 22, 2011 by Throttle2 Link to post Share on other sites More sharing options...
Little_prince Supersonic March 22, 2011 Share March 22, 2011 wah, but that doesnt sound too pleasant leh... I dont think i've ever shouted (in anger) at anyone at my workplace to date. low class job mah how to be civil ... me just a humble blue collar coolie Link to post Share on other sites More sharing options...
Throttle2 Supersonic March 22, 2011 Share March 22, 2011 low class job mah how to be civil ... me just a humble blue collar coolie likewise. Actually I do shout but only at the patrons who cannot eat properly and dirty the tables making my job tougher. Link to post Share on other sites More sharing options...
Little_prince Supersonic March 22, 2011 Share March 22, 2011 2 scenarios to find jobs 1. Be a commoner and apply with the crowd. ~ 1 huge santa claus bag of applications 2. People look for you for the job. haha.... 5 digit and guaranteed 1 yr bonus?............thats $240,000 per annum package at least !!!! How many singaporeans command this ????? alot of ppl apparently... if you believe what you read Link to post Share on other sites More sharing options...
Maroon5 5th Gear March 23, 2011 Share March 23, 2011 true lor....my 1st job as a grad is 2k only....knn...we r lower tier my first job was also 2k haha Link to post Share on other sites More sharing options...
Maroon5 5th Gear March 23, 2011 Share March 23, 2011 It's a lot to do with luck if you graduate into a bad economy. But even if it's good times you can still fall into the wrong sectors. I have a few very brilliant friends who got into engineering back when the govt was hyping it up. They went into semicon industry and the rest as they say is history. tell me about it...my civil frens were hit real bad during 1995-2000 uni period. one year it was hot stock and the next was trash, suddenly became dumpin ground. Link to post Share on other sites More sharing options...
Gearoil 1st Gear March 23, 2011 Share March 23, 2011 Their statisitcs is always skewed to those few indivduals who have attain high pay and multiple job openings... They don't represent the vast majority. The same method is also used to skew their own high pay....pegging to the very top earners in the private sectors... They skew inflation, as and when it suits them, to to justify further pay increases. The whole picture in the place is SKEWED to their benefit and the ppl are SCREWED! Link to post Share on other sites More sharing options...
Tedlhw 5th Gear March 23, 2011 Share March 23, 2011 Only if your cousin is experienced and has a track record in the industry, yes, possible but mid 20s Singaporean man is still wet behind the ears in the workforce, how to have track record and experience? They may get a fairly high basic but 5 digit and guaranteed 1 yr bonus? definitely not. It's true that you'll need to have some network but calling that pulling strings would be too strong. Becos for trading / dealing job, you must perform. if you get in an dont perform, you become a parasite and a cost. Parasites and Costs get booted out in time to come. In today's world, even wine and dine private bankers are slowly but surely being eliminated as clients are more sophisticated and more results oriented. A fresh grad getting $4 - $5k basic in the financial industry? Yes definitely attainable, in a certain area of the financial industry and these are not cream of the crop yet. i agree... basic 5 figure, no problem. But for fresh grad? If its true, let's just say its a black swan... I am also pretty sure there's no such thing as a "guaranteed" bonus. Link to post Share on other sites More sharing options...
Ender Hypersonic March 23, 2011 Share March 23, 2011 Cannot compare salary now and last time mah... Factor in inflation, rising wages due to competition, salaries definitely higher than 10 years ago. $13k starting salary is really something, must be a trader. Seems like starting pay are in tandem with inflation, but our pay increment lacks behind alot. Sooner we'll see fresh grad starting pay higher than their immediate supervisor who's increment can't keep up with inflation. ↡ Advertisement Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In NowRelated Discussions
Related Discussions
Mercedes G Class
Mercedes G Class
More MRT Lines Announced
More MRT Lines Announced
Spam calls starting from 31290xxx
Spam calls starting from 31290xxx
Mercedes Coupe E class Coupe C124 (1987 to 1996)
Mercedes Coupe E class Coupe C124 (1987 to 1996)
Mercedes C class W204 (Facelift) Reliability
Mercedes C class W204 (Facelift) Reliability
2016 Mercedes E-class (W213)
2016 Mercedes E-class (W213)
2019 Mercedes A class (W177) and Sedan (V177)
2019 Mercedes A class (W177) and Sedan (V177)
Marriage registration fees in Singapore to increase
Marriage registration fees in Singapore to increase