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Old 21-05-2015, 09:58 PM
SELXM SELXM is offline
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Quote:
Originally Posted by Unregistered View Post
not really. public sector pay is designed to overpay at the start & stagnate at later stage (usually after 40).

the gov not stupid. they know when ppl are young many are tempted to move into pte sector, so they give good increment/promotion. but unless ur classified as hipo CEP, most ppl will find their prospect slowing down a lot after 40 becauz once u reach that age, pte sector not interested in u anymore and ur "stuck" in public sector so they can afford to "bochup" u.
Quote:
]I highly doubt so.

Yes, there will be ppl who earn way more than civil servants, but definitely not all, perhaps not even 50%.

A degree-holding civil servant's income is typically slightly above the median gross salary of deg-holders across all age groups as reported in 'Labor Force in Singapore, 2013'.

Furthermore, if you factor in other non-wage benefits such as job stability, work-life balance, child/family support, etc., not many degree holders in the private sectors are as well off as their counterparts in civil service.

In all, if you have the ability and drive to be in the top quartile, then private sector is for you. Otherwise, civil service has a better risk/effort-to-money ratio.
I agree with what this poster has said. People in the pte sector stagnate at middle manager positions too, and at lower ranks and salaries than their counterparts in CS... the pte sector is profit oriented, and management ranks are generally kept lean, not like CS where there are quite a lot of high paying middle managers around. It will only pay off if you are of the caliber to make it into the HOD and above levels in the pte sector, otherwise you are better off in CS.
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