Advice needed: Public or Private sector for Fresh Grad? - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Advice needed: Public or Private sector for Fresh Grad?

Reply
 
Thread Tools
  #1 (permalink)  
Old 16-02-2015, 12:10 PM
Junior Member
 
Join Date: Feb 2015
Posts: 2
clouds is on a distinguished road
Smile Advice needed: Public or Private sector for Fresh Grad?

Hi everyone! I am new to this forum. Just wanted to seek some advice from the experienced people here. As some background about myself, I am female, local, a fresh grad, graduating in May this year, from NUS FASS, expected second upper/ first class honours. I have started to job hunt and has been contemplating whether to join the public or private sector for quite some time. I see that there are pros and cons for both, e.g. for private sector, it may be more volatile, but mobility is higher like if i decide to leave the company, it may be easier for me to join another company with the skills i learnt. In public sector, more stable, perhaps bonuses and pay could be higher (??), but it is difficult to leave, & skills would not be as transferable.

Interests wise, i am open to anything. Plus our FASS degree is rather general so i am really fine with anything (except banking sectors, that's really not my thing). Pay wise, of course a higher pay would be better that's why i was gravitating towards public sector, but i am also concerned that i would be tied down and would not be able to leave if i want to do that few years down the road.

Any advice or just your thoughts, or your experiences would really be greatly greatly appreciated. Thank you so much for reading and Happy CNY!


Last edited by clouds; 16-02-2015 at 12:14 PM.
Reply With Quote
  #2 (permalink)  
Old 16-02-2015, 02:08 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by clouds View Post
Hi everyone! I am new to this forum. Just wanted to seek some advice from the experienced people here. As some background about myself, I am female, local, a fresh grad, graduating in May this year, from NUS FASS, expected second upper/ first class honours. I have started to job hunt and has been contemplating whether to join the public or private sector for quite some time. I see that there are pros and cons for both, e.g. for private sector, it may be more volatile, but mobility is higher like if i decide to leave the company, it may be easier for me to join another company with the skills i learnt. In public sector, more stable, perhaps bonuses and pay could be higher (??), but it is difficult to leave, & skills would not be as transferable.

Interests wise, i am open to anything. Plus our FASS degree is rather general so i am really fine with anything (except banking sectors, that's really not my thing). Pay wise, of course a higher pay would be better that's why i was gravitating towards public sector, but i am also concerned that i would be tied down and would not be able to leave if i want to do that few years down the road.

Any advice or just your thoughts, or your experiences would really be greatly greatly appreciated. Thank you so much for reading and Happy CNY!
You already state down all the pros & cons of both dies, really up to you.

TBH I don't quite see the logic how you want higher pay = join public sector. Public sector pay is more stable, but as a famer the glass ceilin is quite low so pay potential is limited.

Reply With Quote
  #3 (permalink)  
Old 16-02-2015, 02:30 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by clouds View Post
Hi everyone! I am new to this forum. Just wanted to seek some advice from the experienced people here. As some background about myself, I am female, local, a fresh grad, graduating in May this year, from NUS FASS, expected second upper/ first class honours. I have started to job hunt and has been contemplating whether to join the public or private sector for quite some time. I see that there are pros and cons for both, e.g. for private sector, it may be more volatile, but mobility is higher like if i decide to leave the company, it may be easier for me to join another company with the skills i learnt. In public sector, more stable, perhaps bonuses and pay could be higher (??), but it is difficult to leave, & skills would not be as transferable.

Interests wise, i am open to anything. Plus our FASS degree is rather general so i am really fine with anything (except banking sectors, that's really not my thing). Pay wise, of course a higher pay would be better that's why i was gravitating towards public sector, but i am also concerned that i would be tied down and would not be able to leave if i want to do that few years down the road.

Any advice or just your thoughts, or your experiences would really be greatly greatly appreciated. Thank you so much for reading and Happy CNY!
This may not be what you wanted to hear but I'd always advice to secure a couple offers first and choose among them before putting such restriction to yourself so early.


If has to choose one I'd prefer to try private first as moving into public later is slightly more probable than the other way around.

Reply With Quote
  #4 (permalink)  
Old 16-02-2015, 02:41 PM
Unregistered
Guest
 
Posts: n/a
Default

as much as they like to say that the scholar culture is not heavy, non-scholars can make it etc, it is wiser to anticipate otherwise.
Reply With Quote
  #5 (permalink)  
Old 16-02-2015, 02:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Perhaps I'll offer some insights so that you may make a better decision. Public Sector will be having headcount freeze for years to come, as they cannot be constantly taking in talents. This move will ensure that adequate talents can flow into the labour market (i.e. SME and MNCs). What this means is that:

1) Stricter competition for fresh graduates entering the public sector; and
2) Stricter criteria for mid-career making a move from private into public.

So should you join the private, hoping to gain experience and then jump over to the public, be prepared that it will not go as you envisaged. Even if you are successful, unless your experiences and skill sets are sought after, be prepared to take a pay cut and start off at a lower level than if you were to remain in private. Of course there are instances where you get a pay increment, but that's only if your current salary is below market rate.

In another situation, should you join the public upon graduation, you will be getting a reasonable salary package. Of course it will not comparable to those top bracket jobs, but decent nonetheless. Work life balance should be better than private, but dependent on your workplace culture and your job responsibilities. Should you wish to go out into the private sector in a few years time, you will find it challenging. Reason being private usually don't take into account the experiences you had in public, unless its niche roles (e.g. finance, accounting, corporate communication and IR etc.). Also, you may experience a pay cut more often than not, so most people tend to stay in the public. Afterall, you get a stable income, with good bonuses and increments annually. The downside is that promotion may be slow, and career development will not be as fast (unless you're a scholar, or your supervisor highly recommends you). So you will see younger colleagues being promoted or parachuted into positions above you. If you're the type to feel strongly against such "bias-ness", I would advise you to think twice.

In summary, if you think that you're the type that excels in competition, with a thirst to learn more and climb fast, go for private. If you're the type that are easily contented, wish to do good for Singapore, and want to have good family life in the future, then you can consider the public.
Reply With Quote
  #6 (permalink)  
Old 16-02-2015, 03:34 PM
Unregistered
Guest
 
Posts: n/a
Default

why so many 2nd upper / fch people ah? what is the average percentage of 2nd upper students per cohort? no wonder i cant even secure any interviews at any stat boards
Reply With Quote

  #7 (permalink)  
Old 16-02-2015, 03:43 PM
Unregistered
Guest
 
Posts: n/a
Default

I don't think seeing things like public vs pte sector is the correct thing to do.

You should evaluate each job offer and the organization individually then make a decision which one better for you.

Though there are some general assumptions for both sectors, there are enough exceptions to be more careful.

For e.g. Making a decision of Business Analyst at Google vs Events Marketing Manager at National Arts Council is very different from comparing Key Accounts Executive at Singtel vs Liason Officer at MFA. You cannot just look at public vs pte sector angle.
Reply With Quote
  #8 (permalink)  
Old 16-02-2015, 04:07 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by clouds View Post
In public sector, more stable, perhaps bonuses and pay could be higher (??)
Quote:
Originally Posted by Unregistered View Post
if you think that you're the type that excels in competition, with a thirst to learn more and climb fast, go for private.
Actually, even though your starting pay in private sector might be lower (especially if you have FCH), if you are the ambitious type, your pay will easily exceed your civil service peers very quickly.

Quote:
Originally Posted by clouds View Post
Interests wise, i am open to anything. Plus our FASS degree is rather general so i am really fine with anything
Have you applied to any jobs? This kind of "anything-also-can-just-want-high-pay" mentality, I'm not sure if you can get any private sector jobs.
Reply With Quote
  #9 (permalink)  
Old 16-02-2015, 05:36 PM
Junior Member
 
Join Date: Feb 2015
Posts: 2
clouds is on a distinguished road
Default

I see. Thanks everyone for the constructive comments so far.


Quote:
Originally Posted by Unregistered View Post
Have you applied to any jobs? This kind of "anything-also-can-just-want-high-pay" mentality, I'm not sure if you can get any private sector jobs.
--> I have applied for a few public sector jobs this recent one or two weeks, still waiting for calls for tests/ interviews. And to Unregistered, you are right, that is the problem- my mentality stems from not knowing what exactly i want to do in the private sector. It seems so broad and i don't know where to start looking from ... was looking at several research/brand consulting jobs such as at Milward Brown but realised they are all mostly hiring those with a few years of experience. Then I also considered things like MA which seems like good exposure as we get rotated around different departments, but not too sure of future prospects after an MA. Anyone has any advice?

But being one that values work-life balance and dislike cut-throat competition, from the comments above, i guess the public sector would be better for me? Hmmmm.
Reply With Quote
  #10 (permalink)  
Old 17-02-2015, 02:27 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by clouds View Post
Then I also considered things like MA which seems like good exposure as we get rotated around different departments, but not too sure of future prospects after an MA. Anyone has any advice?
Depends which MA you are looking at specifically...
Reply With Quote
Reply

Bookmarks

Tags
employment, fresh grads, private, public

« Previous Thread | Next Thread »

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Advice needed!! SPF Senior police officer vs. Private Sector Liquid Income and Jobs 65 31-05-2019 01:54 AM
Fresh grad advice needed oldmaster Income and Jobs 6 17-03-2014 11:48 PM
Advice needed from fresh grad: accept offer or wait? kitdia Income and Jobs 21 14-12-2013 02:38 PM
Importance of Education level between Private Sector and Public Sector mshappy Income and Jobs 3 09-10-2013 06:24 PM
Private or Public Sector? dupdupdup Income and Jobs 0 23-10-2012 10:56 PM

» 30 Recent Threads
GovTech ( 1 2 3... Last Page)
5,648 Replies, 2,271,538 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,876 Replies, 5,084,732 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,615 Replies, 2,376,322 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,981 Replies, 1,080,219 Views
Career as Teacher ( 1 2 3... Last Page)
11,159 Replies, 6,823,740 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,890 Replies, 4,714,835 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,145 Replies, 3,789,112 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,057 Replies, 450,267 Views
Compare civil service salary ( 1 2 3... Last Page)
16,423 Replies, 12,575,721 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
811 Replies, 384,082 Views
Lawyer Salary ( 1 2 3... Last Page)
21,125 Replies, 10,444,590 Views
DBS ACE Programme ( 1 2 3... Last Page)
162 Replies, 82,413 Views
ST Electronics ( 1 2 3... Last Page)
3,805 Replies, 1,571,926 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,499 Replies, 1,398,774 Views
ITE (lecturer) ( 1 2 3... Last Page)
279 Replies, 391,927 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,339 Replies, 3,452,977 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,344 Replies, 1,161,536 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
736 Replies, 410,593 Views
Any Ministry or Statboard still... ( 1 2)
12 Replies, 12,269 Views
Work culture in CPF board ( 1 2 3... Last Page)
34 Replies, 77,583 Views
Work culture in IHiS ( 1 2 3... Last Page)
722 Replies, 552,358 Views
Private Banking Salaries ( 1 2 3... Last Page)
83 Replies, 138,660 Views
NUS (National University of... ( 1 2 3... Last Page)
322 Replies, 326,200 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
761 Replies, 422,247 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
415 Replies, 500,007 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,280 Replies, 634,555 Views
NCS Tech Graduate Programme or...
4 Replies, 521 Views
Work in SMU ( 1 2)
12 Replies, 4,867 Views
ST Engineering Land Systems ( 1 2 3)
24 Replies, 11,757 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,486 Replies, 804,119 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 12:11 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2