Yes, I have a MSc from NUS.. I know I'm underpaid but I'm staying on in my current industry cos it's stable even during economic downturn, benefits are pretty good and there is good work life balance. Yearly pay package can get up til 16 months.

I used to work in academic institutions before and I was way underpaid. No 13mth bonus, performance bonus are less than a month and yearly increment is very little.