Depends on your position and your past experience. Sad to say, a lot of attitudes and experience in ST won't really benefit the private sector as much as you might initially believed. So taking a paycut while you are still young to restart your career in an SME is a plausible option. Otherwise, you might have to consider taking up an entry level role in an MNC where you can rebuild your experience while you are still 'marketably' young. Nonetheless it is going to be a challenging transition. Good luck.