$3000-$4000 sufficient?

last SG · 2008-10-04T22:44:19+00:00

I spent 8 years in Sydney and I just got transferred back to S'pore. Let me tell u that I have known heaps of Singaporeans & immigrants that just couldn'...

charlize SG

Damn.

Fresh grads get 3K starting these days?

In 5 years time, they could be earning 5K.

In 10 years time, to 8K.

4K seems mighty low.

skythewood SG

inflation?

their 9k is equal to our 3k, so getting 8k is actually less money?

charlize SG

Very wide disparty leh.

Some people 10 years working experience ~5K a month now.

If fresh grads can be earning almost 3K a month, then when they have 5 years working experience, they will likely be making 5K a month.

I am of course assuming in the same industry with similar qualifications.

Wtf.

dadeadman1337 SG

different occupation diff starting pay

go army for 3k starting

Siao 3K starting? Sure or not?

00king00 SG

Siao 3K starting? Sure or not?

maybe skythewood referring to commissioned officers who are SAFOS / SMS scholars (in other words, overseas scholars, not those on LSA - Local Study Award)

Bigcable22 SG

Well... a look at my tuition teacher all she does is simply talk talk and occasionally fall asleep but earns around 15k/mth and on weekend she earns at a rate of $300/hr throughout the day for a class tuitions.. qualification-not a phd or master tho,only a degree..

but the pay is like more than 2 masters.. or phd..

Bigcable22 SG

Let me see.

Fresh grad 2K.

After 4 years, get a promotion, maybe 2.8K per month.

After another 4 years, get another promotion, 3.5K a year.

Another 2 more years, get another promotion, 4K a year.

Total 10 years to reach 4K.

u think so? with the presence of open door policy and HUNDREDS and HUNDREDS of THOUSANDS PRCs(PEOPLE REPUBLIC OF CHINA) flocking in ..

their very existence in our country can already suppress down our wages to pathetic level..coupled by the additional increase in inflation rate brought about by these influx of PRCs.. our increase in real income can generally be negative..

skythewood SG

Siao 3K starting? Sure or not?

since everyone is comparing grad pay, than the army i also comparing grad pay

http://www.mindef.gov.sg/arc/imgs/table_sal.jpg

caleb_chiang SG

It would all depends on the person. Some people spends thousands when they are earning hundreds while some spends hundreds when they are earning thousands. But the truth is, money will never be enough for all.

D.E.M.O.N.S.W.O.R.D SG

since everyone is comparing grad pay, than the army i also comparing grad pay

http://www.mindef.gov.sg/arc/imgs/table_sal.jpg

diploma captain higher pay than graduate captain you sure anot?

skythewood SG

diploma captain higher pay than graduate captain you sure anot?

sure.

diploma captain not easy to get. graduate captain is their starting rank. same rank, diff pay.

D.E.M.O.N.S.W.O.R.D SG

sure.

diploma captain not easy to get. graduate captain is their starting rank. same rank, diff pay.

what about O lvl? sign on will get what

grandmaster89 SG

MOE Teachers gross starting pay -

Pass Degree - 2600

Honours - 2750 - 2900

Diploma (Technical) - 1870

Diploma (non-Technical) - 1750

A Level - 1480

http://www.moe.gov.sg/careers/teach/career-info/salary/

I think this excludes bonus, appointments, post working exp, NS bonus, ranks etc.

the_fallen SG

it's not the amount of income that each of us get.

it's our spending habits which makes the difference.

you could easily earn $20,000 but if each month you overspent..like $23,000 etc..it's as good as just over broke giving banks to earn interest.

if you earn only $2,000 but you save $1,000 you are still better than the person who spends more than his/her income.

wonderamazement SG

higher nitec can earn how mux T.T

first learn to spell "much"

ok seriously, errr depends on your job la.

rafTiger SG

be a lawyer or doc if u wanna hav a high starting pay

Lord_Nazrul SG

my doctor told me that i would be earning more money than him in future since i will be doing a degree in law.lol.he earns 1800 as an nsf doctor but his colleague from the same batch as him that signed on into the army has a starting pay of approx 4500.huge difference rite!lol

mistyblue SG

Let me see.

Fresh grad 2K.

After 4 years, get a promotion, maybe 2.8K per month.

After another 4 years, get another promotion, 3.5K a year.

Another 2 more years, get another promotion, 4K a year.

Total 10 years to reach 4K.

recession -> Salary stay stagnant. Increase 2% yearly. Work till 45 still not hit 4K

00king00 SG

lol, dat's quite true, lawyers are the silent earners, they earn alot but they nver let ppl noe

eagle SG

Siao 3K starting? Sure or not?

Actually can be more than that. It depends on your degree. This can exclude year end bonuses and for my company, we still have 2 more bonus packages (depends on whether reach certain goals and whether company was profitable) within the fiscal year.

Overall bonuses can reach up to a max of 4 months.

But then hor... it's still mighty low to me... There are just so many other methods to earn as well, that even 5-figure isn't that hard. The thing is, don't limit yourself to convention; go do something to spoil the market. Also, do not think of just having a single source of income; go for multiple sources => this doesn't mean you should increase your work load multiple times... Think about it ;)

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