Salary.sg Forums - View Single Post - Q: Big4 - Yearly salary increment
View Single Post
  #11164 (permalink)  
Old 12-08-2023, 03:07 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Late game of 10 years?
ermm....
U have to factor the time value of money.
There is a theory "bird in the hand is worth 2 in the bush".
If u get high starting pay for fresh grad, after 10 years, the difference in the pay can accumulate to huge amount of money.

High starting pay also means = more employer CPF.
All these interest compounding is powerful for 10 years....

Late game for audit is not necessarily better in comparison to early game winners.
You from Blue? My senior said the exact same thing a while ago.

Around 5 years to catch up to peers outside in terms of monthly pay.
Around 8 years to catch up in terms of cumulative pay.
10+ years to catch up after factoring time value of money.

Meanwhile I going Japan, Korea, US, while you working to 10pm.
Reply With Quote