bro. there are stuff they are not telling you. consultant basic pay is 10k, but there is still other components as well. i have an inside source that is reliable, saying that most consultants earn about 20k at least.
by the way, the equivalent of consultants pay in public sector is principal and LTC in
SAF. how many prinicipals are there in a school? 1. how many LTCs are there in
SAF? not many. (dont forget
SAF personnel retire at 50) VPs in banks earn a similar amount. only drs have the stability that comes with the high pay.
most of the specialists(if you can get specialist training) become consultants by default. there are a lot of 3rd world consultants for reference. if it were really that hard/competitive, there wouldnt be so many 3rd world consultants, which is generally an indicator for jobs that no one wants to do.
and going to the private sector is just a natural consequence. no one is an angel. everyone works for the money.
in conclusion, being a dr is a stable path that people respect, and is compensated well compared to engineers, teachers and most other jobs.
saying anything else is just misleading others. singaporeans are money faced. if drs were really being paid as 'well' as teachers, do you really think they would be fighting to get into
NUS medicine?