How much are you earning per annum?

[darkstar]

Originally Posted by Unregistered

my first thought (looking at your age only) was that you're seriously underpaid. but then again you have little experience so it's just about right.

just curious, why did u start working so late?

Opps, sorry, typo error, I actually have 4.5 years of experience.

But am I really seriously underpaid? My degree is in Business Admin/Mgmt; now doing office work, 5-day work week. My salary, after deduct CPF is 2.5K. Overall salary before CPF deduction is 3.1K. I am now looking to jump ship and ask for at least 3.3.

I just recently went to an interview and the HR interveiwer (non-govt private sector) said that I am being overpaid above the market rate.

If I were you, I would take whatever people said here with a pinch of salt. Everyone seems to be doing really well here. There are hardly any people who don't earn big bucks in this forum.

My guess is your pay is probably about on-par with market rate (HR always say the same thing when it comes to salary negotiation). My advice is to go for a few more interview and you should be able to roughly gauge how much you're worth.

Average Singaporean couple
Hubby, 46, $140k pa
Me, 40, $100k pa
Home - only a new condo, no loan
Stocks, cash, CPF - only $500k
Our desired retirement age - 80

crap lah. haha

Originally Posted by Unregistered

My wife and I are 48 and 39 years old respectively. We live in our matrimonial home (shared), which is a 3 bedroom condo in D22. We bought this condo in 2003 and now it is fully paid up. Its value has gone up due to the growth of the area. Our income in total is $282k pa.

I also bought (not shared, my own money) a 1 bedroom condo in D21 in 2009 for my parents to live in. They have always wanted to live in a condo to enjoy the luxurious lifestyle that a condo offers. I have also fully paid up for this condo as I bought it very cheap due to the global financial crisis.

Now all my family members live in condos. We are proud of our achievements, esp compared to our relatives. We used to be poor and looked down upon and now people look up to us.

I am very happy with our system which allows poor but hardworking citizens like myself to excel in life. From being poor to owning two fully paid up condos is a big achievement to people like me. I am also now a millionaire.

[darkstar]

Hmmm, but I do feel underpaid somewhat, for my age and qualifications......

cant post, any reason why?

Originally Posted by darkstar

Hmmm, but I do feel underpaid somewhat, for my age and qualifications......

Where did you get your degree?

Originally Posted by darkstar

Opps, sorry, typo error, I actually have 4.5 years of experience.

But am I really seriously underpaid? My degree is in Business Admin/Mgmt; now doing office work, 5-day work week. My salary, after deduct CPF is 2.5K. Overall salary before CPF deduction is 3.1K. I am now looking to jump ship and ask for at least 3.3.

I just recently went to an interview and the HR interveiwer (non-govt private sector) said that I am being overpaid above the market rate.

Are u from local or pte uni? Either way I think u are under paid. I was from pte uni, was getting $4k after 4 years, took an overseas posting for $250k in my 5th year, getting about $100k now in my 8th year.

Originally Posted by darkstar

Hmmm, but I do feel underpaid somewhat, for my age and qualifications......

Helps if you mentioned the industry you're, department, nature of your job etc.

For example in banking contract staff as analyst start on average about 3K, something you can consider doing only if you have relevant skill sets i.e dealing with general accounts etc.

More information garners better advise.

Originally Posted by darkstar

Hmmm, but I do feel underpaid somewhat, for my age and qualifications......

Why not upgrade yourself? Take a Masters degree or a PHD?