Quote:
Originally Posted by Unregistered
because fresh grads can only compete with other fresh grads in the market so the pool is much smaller compared to a senior position where you not only have to compete with singaporeans but also foreign talents that can replace you at a much lower rate. The fresh grad salary is also highly tagged towards the inflation rate due to demand > supply for now.
I think the issue is not fresh grads getting high starting salary but more of the companies not increasing the senior employee's salary. But then again, are the seniors worth their salary if foreigners can easily do their jobs at a lower rate?
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2018 fresh grad starting pay 3.5k
2020 fresh grad starting pay 5k
I think the 2018 fresh grad who is 2 years exp now not even 5k if based on am annual average increment of 5%. Should only be around 3.8k but assume star performer. Still only barely 4k...
Which is also consistent with many 2 to 3 years experience tech staff atm.
Fresh grad starting pay 5k.
He better have tonnes of valuable skills.
Maybe he can deliver a scalable, fault tolerant no signal loss, real time system in 1 months.
I bet he don't even know how or where to begin
Then expect senior to teach or guide. Or worst, provide solution.
Sorry. Fresh grad is overpaid. Nothing to teach. The fresh grad can do all the work and take all the risk.
We senior can eat snake at work heheand go home play with our children.