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Old 19-03-2014, 11:00 PM
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Looks like the commodities line is quite quiet or lacking interest. Maybe i post some salary related information and people might get more interested to join. My history has always been in physical commodities with some paper experience.

I started 7years ago as operations assistant in a metals company. Salary 3k. Promoted to junior trader just before i left after 1 year. Slight increment to 3.2k.

Jumped to agriculture sector as junior trader and annual increment exercise salary went up to 3.85k. This is at yr3.

For Yr4, i left the commodities industry for personal reasons and didn't do much work actually. Did my own thing and see more things around the world.

Yr4, i came back into the industry after realising i still love the industry. I got this opportunity through a recommendation. 5.6k.

Yr5, internal increment as did well 7k. Then nearly got poached to go into my previous sector. Discussed nicely with my boss my situation. 10k.

Yr6, still 10k. Left the company after having differing opinions on work with new bosses

Yr7, started in new company 12k.

Above just base salary only.

I realised once i hit about 5-6k. I was contented already. I didn't spend necessarily more when i earned more after that and didn't really need to work for the money. Just worked for enjoying it and love the challenge. Drive a simple car for family use. Can afford some luxuries once in a while. Give more to charity and to church. So pretty happy.

I have been deeply blessed to rise up like that although yes i know there are others better than me but more important is i'm contented with what i have and plan to give more as i earn more as really don't need it. There are still alot of poor and struggling people in Singapore so i donate to charities who target these groups mostly.

Cheers

Thanks for the honest sharing above and glad to hear that you're able to be content with what you have. I started as a trainee in a large agri commodities firm with <3k salary for about 1 year plus, before recently being confirmed as a junior trader at around 3.5k+. While the revised salary finally brings the pay to fresh grad levels, they are paying white fresh grad expats more than 2x locals salary for similar trainee/junior trader roles in SG. Can't help but feel a sense of injustice on the different treatment. I have been working to prove myself and get recognised, but its like running a race with a handicap. Was wondering if you had a similar experience and how did you deal with it? General advice very much appreciated as well!
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