Really that bad for engineers? - Page 121 - 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




Really that bad for engineers?

Reply
 
Thread Tools
  #1201 (permalink)  
Old 20-02-2018, 11:43 AM
Unregistered
Guest
 
Posts: n/a
Default

I have about 9 years of experience as a process engineer, can anyone give me an idea of the estimated pay from ExxonMobil or Shell?

Reply With Quote
  #1202 (permalink)  
Old 21-02-2018, 01:01 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I have about 9 years of experience as a process engineer, can anyone give me an idea of the estimated pay from ExxonMobil or Shell?
It depends on your performance. I can comment for one of the 2 companies above as I work for one of them, though will not name it. But I believe both companies pay fairly similarly. The below also assumes one starts out as a fresh graduate in the company.
High performers whom I know are getting $250k all in after 9 years and these people are mostly no longer working as process engineers. Average performers are around $160k all in. Low performers around $120k all in.

Reply With Quote
  #1203 (permalink)  
Old 23-02-2018, 06:06 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
It depends on your performance. I can comment for one of the 2 companies above as I work for one of them, though will not name it. But I believe both companies pay fairly similarly. The below also assumes one starts out as a fresh graduate in the company.
High performers whom I know are getting $250k all in after 9 years and these people are mostly no longer working as process engineers. Average performers are around $160k all in. Low performers around $120k all in.

Thanks for the info.
Care to share the benefits (i.e. medical / dental benefits, leave entitlement, petrol discount entitlement etc.)

Reply With Quote
  #1204 (permalink)  
Old 26-02-2018, 10:19 AM
Unregistered
Guest
 
Posts: n/a
Default Exxon Mobil Bonus

From threads on this website, I understand all perm staff at EM gets a fixed bonus of 3 months. Is this true? Because I am hearing from friends that the amount of bonus depends on the division you work in.
Reply With Quote
  #1205 (permalink)  
Old 26-02-2018, 08:46 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
From threads on this website, I understand all perm staff at EM gets a fixed bonus of 3 months. Is this true? Because I am hearing from friends that the amount of bonus depends on the division you work in.
I don't work for EM. I am with Shell, however our salary packages are fairly similar. In Shell you do get a 3 months fixed bonus. However rather than viewing it as a bonus, you should see it as your total annual salary being divided into 15 months rather than 12. On top of this fixed annual salary (which includes the 3 months bonus) we will also get a performance bonus which is variable. Depending on your job function this performance bonus can be extremely huge and variable. For example, those in sales for certain business lines can stand to make as high as 10-12 months worth of variable bonus if they perform very well making money for the company. The downside is that you can also not get anything if you perform poorly.

Before you start jumping up and down wanting to join the company, please note that the above are typically not applicable to managers. The scheme described is for the sales reps (there is a somewhat similar scheme for oil traders) at what I would call lower job groups (ie. lower base salaries)...front-line troops who are given huge incentives to make money for the company. Senior managers tend to get higher base salaries and their variable bonuses (plus additional performance shares awarded) will have a higher component tied to the company's overall performance rather than individual business performance. The ratio of overall variable to fixed salary will be much lower compared to the front line sales staff described above.

Unfortunately, I am not familiar with the scheme for engineers. If they have reached managerial positions, it would be similar to other managers regardless of function, else I am sure there will be incentives to compensate for various hardships (eg shift work etc)

Trust this helps
Reply With Quote
  #1206 (permalink)  
Old 08-03-2018, 04:11 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I don't work for EM. I am with Shell, however our salary packages are fairly similar. In Shell you do get a 3 months fixed bonus. However rather than viewing it as a bonus, you should see it as your total annual salary being divided into 15 months rather than 12. On top of this fixed annual salary (which includes the 3 months bonus) we will also get a performance bonus which is variable. Depending on your job function this performance bonus can be extremely huge and variable. For example, those in sales for certain business lines can stand to make as high as 10-12 months worth of variable bonus if they perform very well making money for the company. The downside is that you can also not get anything if you perform poorly.

Before you start jumping up and down wanting to join the company, please note that the above are typically not applicable to managers. The scheme described is for the sales reps (there is a somewhat similar scheme for oil traders) at what I would call lower job groups (ie. lower base salaries)...front-line troops who are given huge incentives to make money for the company. Senior managers tend to get higher base salaries and their variable bonuses (plus additional performance shares awarded) will have a higher component tied to the company's overall performance rather than individual business performance. The ratio of overall variable to fixed salary will be much lower compared to the front line sales staff described above.

Unfortunately, I am not familiar with the scheme for engineers. If they have reached managerial positions, it would be similar to other managers regardless of function, else I am sure there will be incentives to compensate for various hardships (eg shift work etc)

Trust this helps
I am not so familiar with operating companies. Been with EPC companies all the while. Is it fair to say Engineers at operating companies earn more than those working in EPC companies? If I am looking to jump ship, how much salary increment should I expect? Thanks.
Reply With Quote

  #1207 (permalink)  
Old 19-03-2018, 02:19 AM
Unregistered
Guest
 
Posts: n/a
Default

Hi all,

I'm a fresh grad, B.Eng Mech. Engineering from NUS. Been working for a local oil & gas EPC as a project engineer for 8 months now. Basic is 2k8, is it too low? My work has been mostly site coordination, progress monitoring, material request/control & lots of paper work. I feel that my work is not engineering enough and more on admin. If i were to join a consultancy, would I get to do more engineering work? I'm also thinking I should get the P.E certification now since I just graduated and my memory still fresh but dunno if it's worth the effort (I have very limited time outside of work). Between doing engineering and project management, which career path is more recommended?
Reply With Quote
  #1208 (permalink)  
Old 19-03-2018, 11:40 PM
Junior Member
 
Join Date: Feb 2018
Posts: 8
Unknown123 is on a distinguished road
Default

I am facing the same situation as you but I am in this industry(as a contract staff, how abt you?) for almost 3 years. If I am not wrong, in order to get PE, it is mandatory to have a few years of experience...

Quote:
Originally Posted by Unregistered View Post
Hi all,

I'm a fresh grad, B.Eng Mech. Engineering from NUS. Been working for a local oil & gas EPC as a project engineer for 8 months now. Basic is 2k8, is it too low? My work has been mostly site coordination, progress monitoring, material request/control & lots of paper work. I feel that my work is not engineering enough and more on admin. If i were to join a consultancy, would I get to do more engineering work? I'm also thinking I should get the P.E certification now since I just graduated and my memory still fresh but dunno if it's worth the effort (I have very limited time outside of work). Between doing engineering and project management, which career path is more recommended?
Reply With Quote
  #1209 (permalink)  
Old 20-03-2018, 12:14 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hi all,

I'm a fresh grad, B.Eng Mech. Engineering from NUS. Been working for a local oil & gas EPC as a project engineer for 8 months now. Basic is 2k8, is it too low? My work has been mostly site coordination, progress monitoring, material request/control & lots of paper work. I feel that my work is not engineering enough and more on admin. If i were to join a consultancy, would I get to do more engineering work? I'm also thinking I should get the P.E certification now since I just graduated and my memory still fresh but dunno if it's worth the effort (I have very limited time outside of work). Between doing engineering and project management, which career path is more recommended?
Umm? Just curious what is your class of honours? 2.8k seems really low for the basic pay esp for a NUS grad. I had companies who offered me that range but I rejected all of them. Eventually, I manged to find a job which offers about 3.5k range? But I'm still waiting for them to call me down to sign the contract. I'm a fresh grad from EE nus btw. The pay scale for EE and ME is about the same since they lump us tgt as m&e usually so you can roughly gauge the differences.

The problem with project engineers is that it's not truly a technical job and you're not really learning to be a proper engineer. It's more of project management and there are no needs for you to be a LEW or even PE in this route. I suggest you jump to m&e consultancy field if your intention is to become a LEW/PE in the future. The design aspect is very important for a PE field.
Reply With Quote
  #1210 (permalink)  
Old 24-03-2018, 09:55 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Umm? Just curious what is your class of honours? 2.8k seems really low for the basic pay esp for a NUS grad. I had companies who offered me that range but I rejected all of them. Eventually, I manged to find a job which offers about 3.5k range? But I'm still waiting for them to call me down to sign the contract. I'm a fresh grad from EE nus btw. The pay scale for EE and ME is about the same since they lump us tgt as m&e usually so you can roughly gauge the differences.

The problem with project engineers is that it's not truly a technical job and you're not really learning to be a proper engineer. It's more of project management and there are no needs for you to be a LEW or even PE in this route. I suggest you jump to m&e consultancy field if your intention is to become a LEW/PE in the future. The design aspect is very important for a PE field.
Hi, thanks for the reply. I'm 2nd lower. my basic is 2.8k but I'm sort of "required" to work Saturday since this is construction work and Sat is considered OT. OT pay is ok i guess, after taken in allowances and OT, my pay roughly 3.4 to 3.5k. But i spend tons of hours at work

I agree with you on project engineers are not doing true engineering work. In order to become PE, one needs to have at least 2 yrs of exp under supervision of another PE so working for consultant is definitely a must I think. I've been doing some search but it seems like consultancy are not hiring? Anyway, I'm on a dilemma whether I should make the switch. Project management seems to have a potential to grow as I go further in this career path but managing work just bore the hell out of me, feeling like all the technical stuff i learnt in NUS is wasted.
Reply With Quote
Reply

Bookmarks

Tags
banking, engineering, finance

« Previous Thread | Next Thread »

Thread Tools

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
For chemists & chemical engineers chemist Education and Personal Growth 1 30-08-2010 12:12 AM
Engineers - considering CFA or Financial Engineering? Salary.sg Education and Personal Growth 27 27-09-2009 09:30 AM

» 30 Recent Threads
Lawyer Salary ( 1 2 3... Last Page)
3,072 Replies, 961,801 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,307 Replies, 261,899 Views
Management Consultant in Singapore ( 1 2)
12 Replies, 3,025 Views
Cambridge Associates ( 1 2 3... Last Page)
38 Replies, 16,871 Views
Credit Suisse - Compliance... ( 1 2 3... Last Page)
94 Replies, 41,099 Views
Sgx ( 1 2 3... Last Page)
135 Replies, 160,286 Views
Civil Service Bonus Mid-2018
0 Replies, 76 Views
Mid-Year Civil Servant Bonus 2018 ( 1 2 3... Last Page)
34 Replies, 40,920 Views
Out Of Job ? Need Income ?
0 Replies, 61 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
978 Replies, 423,833 Views
How much are you earning per annum? ( 1 2 3... Last Page)
11,449 Replies, 2,931,626 Views
Constituency Manager (People... ( 1 2 3... Last Page)
560 Replies, 267,581 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
47 Replies, 26,284 Views
Shell TDP ( 1 2 3... Last Page)
90 Replies, 18,023 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,215 Replies, 337,367 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
731 Replies, 445,989 Views
Compare civil service salary ( 1 2 3... Last Page)
7,059 Replies, 3,772,001 Views
Anyone work in AVA Animal Health...
7 Replies, 1,260 Views
Hyflux Debt Reorganisation -...
0 Replies, 200 Views
Working in a bank ( 1 2 3... Last Page)
520 Replies, 257,509 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
1,745 Replies, 582,428 Views
Marketing internship in FMCG... ( 1 2 3... Last Page)
44 Replies, 6,913 Views
Career as Teacher ( 1 2 3... Last Page)
1,052 Replies, 766,668 Views
Kerry Consulting - Real or Fake...
4 Replies, 372 Views
Keppel Logistics
3 Replies, 421 Views
HSE Officer Career Change
0 Replies, 426 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
1,888 Replies, 1,136,318 Views
Public Service Salary Scale
1 Replies, 946 Views
What can a fresh phd in public... ( 1 2)
10 Replies, 1,134 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 05:55 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2