Low salary for scholarship

[CSBoi]

I am from NTU computer science and having a gpa of 4.99 fch, also i am bonded to a SME company for 2 years which i will be starting next year Jan.
I was given a lump sum of 30,000 for the mid term scholarship last year. But i have heard from the hr that the salary is very low even for scholar in the company, around 3500.

I would like to have some advice. Should i try to find other company or stick to this?
Assumming interest componeded is 10% pa. The current role that i am bonded is software engineer. I am open to data engineer/anaytic jobs as well.

Originally Posted by CSBoi

I am from NTU computer science and having a gpa of 4.99 fch, also i am bonded to a SME company for 2 years which i will be starting next year Jan.
I was given a lump sum of 30,000 for the mid term scholarship last year. But i have heard from the hr that the salary is very low even for scholar in the company, around 3500.

I would like to have some advice. Should i try to find other company or stick to this?
Assumming interest componeded is 10% pa. The current role that i am bonded is software engineer. I am open to data engineer/anaytic jobs as well.

It is only 2 years, so i suggest you stick with it. And plan for your future exit.

That's a waste for just a mere 30k
Tech coys and startups are paying 6k+ for developers, not to mention the benefits, bonus stock options, but if you think this sme got potential can also go for it.

[CSBoi]

If i were to work 2 years in the SME, after that I apply for DSO/DSTA using my 2 years work experiences.
Will they pay me at least the pay of a fresh grad with first class honors? Or will they only look at my work experience that i have and my previous starting pay?

And what if I apply for another roles after 2 years, that is not related to my work experience? (In DSO/DSTA as data analytics engineer)
Is my first class honors useless after 2 years? (I studied really hard and felt abit not utilized)

Originally Posted by CSBoi

If i were to work 2 years in the SME, after that I apply for DSO/DSTA using my 2 years work experiences.
Will they pay me at least the pay of a fresh grad with first class honors? Or will they only look at my work experience that i have and my previous starting pay?

And what if I apply for another roles after 2 years, that is not related to my work experience? (In DSO/DSTA as data analytics engineer)
Is my first class honors useless after 2 years? (I studied really hard and felt abit not utilized)

i believe so, so you get 4k starting for govt position just base on your first class. For pte company, ur initial pay is always a problem.

but u seem like a not very driven/ambitious kind. i would suggest break bond, go for start up. but to each his own.

[CSBoi]

Originally Posted by Unregistered

i believe so, so you get 4k starting for govt position just base on your first class. For pte company, ur initial pay is always a problem.

but u seem like a not very driven/ambitious kind. i would suggest break bond, go for start up. but to each his own.

Mmmmhmmm.

I wanted to break the bond and join DSO/DSTA with starting pay of 4.8k-5k for FCH, however the difference in the 2 years will not make much of a difference with the 3.5k base pay and 30k. Thus, my career coach and parents are convincing me not to break the bond and just work for the 2 years.

Yes, I may not be very ambitious. I prefer career stability, thus I am thinking of breaking bond and join DSO/DSTA or other good paying govt company for engineer (if i could get in).

Originally Posted by CSBoi

Mmmmhmmm.

I wanted to break the bond and join DSO/DSTA with starting pay of 4.8k-5k for FCH, however the difference in the 2 years will not make much of a difference with the 3.5k base pay and 30k. Thus, my career coach and parents are convincing me not to break the bond and just work for the 2 years.

Yes, I may not be very ambitious. I prefer career stability, thus I am thinking of breaking bond and join DSO/DSTA or other good paying govt company for engineer (if i could get in).

I was in a similar situation few years back. I chose to break the bond and joined a stat board. Looking back, I never regretted that decision. Am happy to be a project manager now with a 120k yearly package and work life balance. Good luck bro!

[CSBoi]

Originally Posted by Unregistered

I was in a similar situation few years back. I chose to break the bond and joined a stat board. Looking back, I never regretted that decision. Am happy to be a project manager now with a 120k yearly package and work life balance. Good luck bro!

However in my case, the bond was provided by governement to boost SME, thus i am afraid that breaking the govt sponsored bond would affect my future employment in any governemnt linked company or public sector.

Originally Posted by CSBoi

However in my case, the bond was provided by governement to boost SME, thus i am afraid that breaking the govt sponsored bond would affect my future employment in any governemnt linked company or public sector.

Then join private sector/tech startups. They are paying very good amount for CS grads.

[CSBoi]

Originally Posted by Unregistered

Then join private sector/tech startups. They are paying very good amount for CS grads.

I am look at long term.
I don't want to miss any opportunities in the public sector due to my broken bond in the future.