Engineer Pay

Originally Posted by Unregistered

yes, initially i am able to get my unit at roughly the 8th-year mark, however, because I went to spend some $$ to get a post-grad, so i got my unit at the 10th-year mark. starting pay wasn't high so i took a few years to save and also build my cpf funds.

I am the guy with the 6K basic pay. If need to wait until 8 - 10 years might as well buy HDB resale since already (or near) 35 years old. I mentioned condo because not eligible for single HDB in my 20s.

Originally Posted by Unregistered

I am the guy with the 6K basic pay. If need to wait until 8 - 10 years might as well buy HDB resale since already (or near) 35 years old. I mentioned condo because not eligible for single HDB in my 20s.

Initially that's what i thought, but then, you will find a resale is never worth it at the end. A resale condo still better. I took this long because i paid for all my school fees for myself. And i didnt get a 6k at my 2 YOE mark. Imo, i feel you dont need 8 years. My friend got it at around 6th year after she graduated and working. You need to have a saving plan. It will surely work out with 6k basic pay.

Originally Posted by Unregistered

I am the guy with the 6K basic pay. If need to wait until 8 - 10 years might as well buy HDB resale since already (or near) 35 years old. I mentioned condo because not eligible for single HDB in my 20s.

OP here, also, resale hdb is cheaper only based on estates and to renovate a whole unit will likely cost you a bomb. You can googled on qanvast to take a look. I would suggest you research on which area you potentially wants to move, look at both resale condo and new launch prices and decide on your budget (e.g. 900k) and how big you want your condo to be. With your budget, calculate how much is the 25% (5% must be cash) + BSD + lawyer fee you need to fork out. Draw out a monthly saving plan (must really set your mind to save). You will then be able to do some math to decide based on your saving plans + cumulative CPF contributions, roughly at which year you can save that 25% + BSD. Definitely, if u want to get it faster, you have to save more.

Nearer to that x year, starting looking out at the market to see if there is any new launch that is worth buying. New launch will be cheaper and sure save alot of your reno fee just that u have to wait till it's completion. Who knows maybe you lucky able to spot something you like and is less than your budget hence your savings on hand for sure is enough.

Another is to look at resale condo that TOP 1- 2 years back, the condition likely is still good and also can save your reno fee.

Sharing basic salary (excluding bonus) progression as local degree holder in engineering

Y1 = 3.0k
Y2 = 3.1k
Y3 = 3.3k
Y4 = 4.3k
Y5 = 4.6k
Y6 = 5.0k

Originally Posted by Unregistered

Sharing basic salary (excluding bonus) progression as local degree holder in engineering

Y1 = 3.0k
Y2 = 3.1k
Y3 = 3.3k
Y4 = 4.3k
Y5 = 4.6k
Y6 = 5.0k

looks like from 15 years go

Doing sales at a Swiss MNC, 30 yrs old base pay 5.2k w/ AWS with 500 transport allowance 500 petrol allowance. Is this considered ok ?

Another company offering $5.8k w/o AWS , $1k transport allowance. Overall package almost no difference, but prospect slightly better.

Originally Posted by Unregistered

Doing sales at a Swiss MNC, 30 yrs old base pay 5.2k w/ AWS with 500 transport allowance 500 petrol allowance. Is this considered ok ?

Another company offering $5.8k w/o AWS , $1k transport allowance. Overall package almost no difference, but prospect slightly better.

go for commission based sales if u want to earn big

Hi
Currently I am shift process technician in O&G consider major? (300-400 staff) company , yearly about 8xk due to shift allowance bonus and ot , ot no consider much mainly is bonus , but after I done turnaround of plant I realise that this job I might not be cope when I get ageing , ot pay money is good but physical Xiong currently exp about 4 years (senior role)

So I decide to take part time nus BTech mechanical engineering , enrol next year

Kindly advise me , is it my technician exp able to help me secure a job or act as plus point for salary nego in maybe oil major or Pharma? I prefer do technical role also , but after read so many comment I think salary engineer in Sg really a bit pathetic so Is it reasonable expect 100k PA able to achieve in 3-5 year after graduate ?

Thanks for answer !

y1: 5.6
y2: 7.2
y3: 8.5

Originally Posted by Unregistered

y1: 5.6
y2: 7.2
y3: 8.5

Simi engineer job, every jump 20-30%