ST Electronics

Originally Posted by Unregistered

I'm referring to M1 salary range. Apparently 6.8k is still within M1 salary range.

What is the range for M1?

Originally Posted by Unregistered

How did HR estimate 99680... base salary of 52k (13 month included) with say 6 months of bonus assuming best case for all senarios, all in all would be <80k.

I assume you took a base salary of 4k? That is for a passed degree with no honors from a local/good university in stat board for the title Engineer (fresh grad). ie. to say, the GPA is not as high as a first class honors, and is between a 'failed' degree and a passed with merit.

Base salary are different for different class of honors.

For 2nd class honors with NS. Basic is 4.6k as of 2018. You are missing out on the Engineer's additional market adjustment bonus of 800/mth. All available allowance/cash benefits/bonuses taken into your computation? Do the maths again. lol

Originally Posted by Unregistered

But our DPM in April 2016 said that engineers in govt sector are underpaid, and therefore given the 20% adjustment/boost to match the market rate across all grade, in June 2016. Govt's data cannot be wrong.

Previously, engineers in govt sector and Govt-Linked Company (GLC) like ST are paid about the same annually. And looking at the annual leave, and the bonus components.. no comments. lol

For info, another GLC like DBS are paying their engineers the market rate annually, unlike ST.

They are underpaid relative to the rest of the civil servants, not to the rest of the market;
compare st and dbs profit margin, dbs supposed to be crown jewel among glcs

Originally Posted by Unregistered

They are underpaid relative to the rest of the civil servants, not to the rest of the market;
compare st and dbs profit margin, dbs supposed to be crown jewel among glcs

relative to the other specialist schemes in cs. cs salaries are pegged to above avg levels, not to avg or below avg; rise of unsustainable startups raised the avg

Originally Posted by Unregistered

They are underpaid relative to the rest of the civil servants, not to the rest of the market;
compare st and dbs profit margin, dbs supposed to be crown jewel among glcs

40k different is too much to say that ST is paying the average. It is more like paying below the 'below average' rate... i.e. to say, short change. lol

People would expect them to pay fairly, the 'average' market rate, or whatever you call it. Since they are working closely with DSTA, CAAS, DSO, ASTAR, just to name a few.

Originally Posted by Unregistered

40k different is too much to say that ST is paying the average. It is more like paying below the 'below average' rate... i.e. to say, short change. lol

People would expect them to pay fairly, the 'average' market rate, or whatever you call it. Since they are working closely with DSTA, CAAS, DSO, ASTAR, just to name a few.

the references you gave are taking from the tax budget officially (putting aside question of raising taxes).

whereas st adjusts based on market demand and supply

Originally Posted by Unregistered

the references you gave are taking from the tax budget officially (putting aside question of raising taxes).

whereas st adjusts based on market demand and supply

Didn't know that govt's hiring of engineers not based on market supply and demand.

Drawing from tax budget or not, there is still a limit, and they have to pay accordingly to market rate as well. When you talk about market rate, you are already talking about supply and demand.

Is there a different between govt's market rate and st's market rate? They are both hiring from the limited pool of engineering talents available in Singapore, be it foreign or not.

I can only say that ST is betting on the ignorance of their new hires, especially fresh grad. So that management can continue to draw above the market rate (my personal assumption) from the amount short-changed from the people below them.

Are you from the management?

Originally Posted by Unregistered

I assume you took a base salary of 4k? That is for a passed degree with no honors from a local/good university in stat board for the title Engineer (fresh grad). ie. to say, the GPA is not as high as a first class honors, and is between a 'failed' degree and a passed with merit.

Base salary are different for different class of honors.

For 2nd class honors with NS. Basic is 4.6k as of 2018. You are missing out on the Engineer's additional market adjustment bonus of 800/mth. All available allowance/cash benefits/bonuses taken into your computation? Do the maths again. lol

I perm staff local grad don’t even have 4k and the salary adjustment not everyone has it FYI and they even cut our bonus. So left the company with more than 500 pay raise in other company with less than 1 year experience

Originally Posted by Unregistered

I perm staff local grad don’t even have 4k and the salary adjustment not everyone has it FYI and they even cut our bonus. So left the company with more than 500 pay raise in other company with less than 1 year experience

From NTU/NUS/SMU engineering degree?

In govt sector, after the 20% boost for engineers in June 2016, at least 3.8k basic for engineers and 4k basic for Infocom Technology (ICT) related, for fresh grad 'passed' degree with no honors. *The keyword from our DPM's announcement for the 20% boost is "at least" and "starting at" the values stated above.

"Don't even have 4k", probably because you are an engineer doing non-ICT related with a 'passed' degree, no NS. Got 3.8k basic? If yes, then you are not short-changed for the monthly basic. BUT! see below. lol

But for the annual package in ST, you definitely kena short-changed.

And we are comparing apple with apple here. i.e. to say, similar GPA, same degree awarded, class of honors, years of experience, etc. Taking into account all the bonuses, allowance and benefits you will get in the year.

Originally Posted by Unregistered

From NTU/NUS/SMU engineering degree?

In govt sector, after the 20% boost for engineers in June 2016, at least 3.8k basic for engineers and 4k basic for Infocom Technology (ICT) related, for fresh grad 'passed' degree with no honors. *The keyword from our DPM's announcement for the 20% boost is "at least" and "starting at" the values stated above.

"Don't even have 4k", probably because you are an engineer doing non-ICT related with a 'passed' degree, no NS. Got 3.8k basic? If yes, then you are not short-changed for the monthly basic. BUT! see below. lol

But for the annual package in ST, you definitely kena short-changed.

And we are comparing apple with apple here. i.e. to say, similar GPA, same degree awarded, class of honors, years of experience, etc. Taking into account all the bonuses, allowance and benefits you will get in the year.

I am from NTU less than 3.8k software engineer , my colleague 2nd lower same salary