Engineering and Technology Careers are Not Valued - Singapore is "High Cost Low Tech" - Page 3 - Forums Forums  

Go Back Forums > The Discussion Forums: > Education and Personal Growth

Education and Personal Growth Schools, further studies, getting ready for employment, and motivation stuff

Engineering and Technology Careers are Not Valued - Singapore is "High Cost Low Tech"

Thread Tools
  #21 (permalink)  
Old 26-05-2008, 01:43 PM
Posts: n/a
Default 1760

wow!! 2 years experience got 5k..the annual increment damn high in oil industry...i assume ur starting pay around 3.2 to 3.5k.

Reply With Quote
  #22 (permalink)  
Old 26-05-2008, 08:40 PM
Posts: n/a
Default 1763

Guys, engineering is like the tortoise in the race, while finance industry is like the proverbial rabbit. As a rabbit you get high returns but your energy burns out fast, while as a tortoise if you can go on strong and steady for 10 years you will enjoy a relatively stress-free career and high returns.

PE is the short term for professional engineer and their going pay is 10K a month at least - I know of plenty and they are not expats, just singaporeans like you and me who stick to their jobs, build up on experience and reap their just harvests.

A young banking yuppie might earn 10K a month, but let's see if he can sustain over the next 10 years. He will be able to hold on (burning his life out in the process) or change to a much less stressful job.

You decide which path you will choose ^^

Reply With Quote
  #23 (permalink)  
Old 26-05-2008, 08:51 PM
Posts: n/a
Default 1766

PE, I totally agree with your comments. I am a strong believer of the supply and demand theory. From a personal and selfish point of view, I am very happy to see friends and many people giving up on engineering and trying out their luck in the banking sector. I mean, don't even hesitate. Just go for the glamour and glittering career in the banking sector. I look forward to the day when there are a shortage of engineering talents and people like myself will reap the benefits. And at the rate of talent depletion in engineering, I believe that the day is not too far off. I truly enjoy seeing the high oil price environment and I still get to enjoy relatively comfortable salary at a relatively low stress working environment. So to all the students who despise engineers and want to put on your branded ties and cuff links bankers wanna be, pls go all out to pursue your dreams. Good luck!

Reply With Quote
  #24 (permalink)  
Old 27-05-2008, 12:49 AM
Posts: n/a
Default 1770

hi nicholas, tats just becos u r in the chemical engineering industry, not all engineering jobs are created equal...
Reply With Quote
  #25 (permalink)  
Old 27-05-2008, 09:28 AM
Posts: n/a
Default 1772

Why do people think bankers lead a stressful life? I know some who are so relaxed they grow obese, and are paid by millions. I also know engineers who slog all their lives, on standby for 24 by 7, and still get miserably paid.
A case of sour grapes perhaps?
Reply With Quote
  #26 (permalink)  
Old 27-05-2008, 10:18 AM
Posts: n/a
Default 1773

which Engineering industry pay u the most after working 2yrs from fresh grad...(excluded OT pay)

Chemical>>yes good example is Nicholas
Reply With Quote

  #27 (permalink)  
Old 27-05-2008, 05:37 PM
not true---
Posts: n/a
Default 1780

bankers who are stress free and earn millions compared with engineers who slog like hell and earn nothing is like comparing the cream of the crop with the bottom of the bucket.

remember we should look at majority at the whole - it could also well be the other way round. I also know of CTOs and PEs earning high 6 figure salaries per annum and bankers who earn a puny sum for their hard work.

it's illogical saying sour grapes just to defend the industry you are in. Ler's be objective.
Reply With Quote
  #28 (permalink)  
Old 27-05-2008, 07:54 PM
Posts: n/a
Default 1781

Maybe my comparisons are a little extreme. But i still think people in the finance industry here in Singapore make more money across the board. Look at the starting pay, look at the average pay, median pay, number of millionaire employees. Further, the number of CTOs and PEs aren't a lot compared to SVPs or private bankers or ibankers. And if engineering is that good, u don't need an MP and an ex-perm sec to come out to say engineering is worth the while. And unis and polys won't have engineering as dumping grounds. And SMU and NUS BUS won't be competing for top students for their business courses.
Reply With Quote
  #29 (permalink)  
Old 27-05-2008, 07:55 PM
Posts: n/a
Default 1782

Whenever the subject of rich people comes up, one of the first things that people always say is that: "Just because they're rich doesn't mean they're happy", or some variations of the same thing.
I wonder why.
After all, when we see poor people, we don't feel compelled to say: "Just because they're poor doesn't mean they're sad."
Reply With Quote
  #30 (permalink)  
Old 27-05-2008, 08:12 PM
banker fren---
Posts: n/a
Default 1783

my fren is only 30.
he works in the banking industry, goes to office at 930 & knocks off promptly at 6, & his monthly salary is 5 figure.
Reply With Quote


banking, engineering, finance, technology

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Beware of People who claim to have "Doctorates" Education and Personal Growth 23 11-07-2012 12:43 PM
Singaporeans "positive" about retirement Investments and Net Worth 4 08-09-2009 09:37 PM
Beware of Singtel's unfair offer "forced" upon you via SMS Investments and Net Worth 18 23-06-2009 11:32 AM
Next downturn "severe" Investments and Net Worth 1 18-07-2007 10:32 PM
Salary hikes "sustainable" Income and Jobs 0 17-07-2007 01:50 PM

» 30 Recent Threads
DBS tech seed programme ( 1 2 3... Last Page)
1,097 Replies, 270,326 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
3,402 Replies, 1,392,550 Views
Lawyer Salary ( 1 2 3... Last Page)
14,352 Replies, 4,828,437 Views
Compare civil service salary ( 1 2 3... Last Page)
12,729 Replies, 7,487,282 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,286 Replies, 652,010 Views
How is life as a doctor in... ( 1 2 3... Last Page)
2,915 Replies, 1,461,346 Views
GovTech ( 1 2 3... Last Page)
488 Replies, 345,554 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
92 Replies, 27,085 Views
NUS (National University of... ( 1 2 3... Last Page)
130 Replies, 123,326 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
3,103 Replies, 1,329,986 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
3,952 Replies, 1,810,588 Views
If you can't find a company here... ( 1 2 3)
23 Replies, 2,694 Views
Relocation to the US or stay in SG? ( 1 2 3)
21 Replies, 876 Views
Getting MBA worth? ( 1 2 3... Last Page)
134 Replies, 101,126 Views
How much to ask for starting pay... ( 1 2 3... Last Page)
201 Replies, 68,702 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,152 Replies, 1,719,808 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
115 Replies, 44,768 Views
Anyone working in Recruit express? ( 1 2 3)
29 Replies, 39,095 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
823 Replies, 222,117 Views
Anyone work in JPM/GS/Morgan... ( 1 2 3... Last Page)
64 Replies, 10,437 Views
High Finance Thread ( 1 2 3... Last Page)
347 Replies, 111,431 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
575 Replies, 458,422 Views
Top paying companies in SG for... ( 1 2 3... Last Page)
97 Replies, 138,591 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,204 Replies, 2,594,742 Views
Mnc jobs - a must in life ?? ( 1 2 3... Last Page)
168 Replies, 68,713 Views
Officer Role in Bank of Tokyo -... ( 1 2 3... Last Page)
208 Replies, 172,231 Views
Working 2 FT (remote) jobs?...
2 Replies, 164 Views
0 Replies, 45 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
2,065 Replies, 567,189 Views
Powered by vBadvanced CMPS v3.2.2

All times are GMT +8. The time now is 11:02 PM.

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2