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Old 08-07-2009, 11:40 AM
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Quote:
Originally Posted by meng View Post
3K pm? Isnt that what the Govt is paying fresh grads with a good honours?
Imagine this hypothetical scenario,

Graduating with a honours degree from NUS in 2004. Lands a job paying $2.5k.(mean starting salary of graduates in 2004)

Over the years, annual increment of 5-10% yearly. Ends up at about $3500 in early 2009. Company announces pay cut of 10% in Mar 2009, back to $3150?
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