Quote:
Originally Posted by Unregistered
Let not say about those in the banking/financial sector, we cannot compare to them.
How about comparing engineer in the private sector vs engineer in the civil service.
For my case 2nd lower NTU mechanical engineering, from private GLC engineering firm
2007sept(fresh grad) = 2900
2008july = 297x
2009pay freeze = 297x
2010oct(wage adj + annual increment + promotion) = 339x
2011july(wage adj + annual increment) = 371x
my friend from DSTA same 2nd lower same degree NTU, starting at 3280, now getting 41xx already....
both our annual package is about 16mth
All I can say is that the majority people annual increment in my company is only 3%, only the best get 4-5% AI.
Government sector pay better annual increment like between 150 - 350 per year |
Wow...2900 - 2970, from 2007 to 2010, 3 years, only 70 bucks increase? How come you never consider jumping? How to feel any motivation if starting 3 years of career already so slow?
But, then your 2010 increase not bad. 400+, I guess largely due to promotion.
And 2011 without promotion up 300+, much more than your first 3 years.
Although start slow, looks like you did pretty well. Average 200+ increase per year (plus a promotion). That's more than 5% increase per year from your starting salary.
Cham la. Looks like must weasel my way into financial world already.
But I have a friend in citibank, said that after his first year, average increment @ citi of 2%. Maybe for every 1 big banker out in this forum, there's 99 people at a citi/
uob/dbs cubicle fighting for scraps. 2 percent!? omg, if my 3K salary gets 2%, only 60 bucks. Be damn sad.