Startup or Bank? - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Startup or Bank?

Reply
 
Thread Tools
  #1 (permalink)  
Old 11-07-2018, 09:09 PM
Junior Member
 
Join Date: Jul 2018
Posts: 2
confusedperson1 is on a distinguished road
Default Startup or Bank?

Startup offering ~30% less all-in on an hourly basis, and the difference will increase about ~20% each year (i.e. ~50% less per hour in year 2)

total hours per week probably ~70 hrs vs ~90 hrs

Any advice?

Reply With Quote
  #2 (permalink)  
Old 11-07-2018, 09:26 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by confusedperson1 View Post
Startup offering ~30% less all-in on an hourly basis, and the difference will increase about ~20% each year (i.e. ~50% less per hour in year 2)

total hours per week probably ~70 hrs vs ~90 hrs

Any advice?
Most start ups are doomed to fail. But if the pay is great go for it.
Pay lousier not worth it

Reply With Quote
  #3 (permalink)  
Old 11-07-2018, 09:57 PM
Junior Member
 
Join Date: Jul 2018
Posts: 2
confusedperson1 is on a distinguished road
Default

Sorry to clarify, not really startup, think Grab / Garena / Shopee / Lazada kind

Reply With Quote
  #4 (permalink)  
Old 13-07-2018, 09:41 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by confusedperson1 View Post
Sorry to clarify, not really startup, think Grab / Garena / Shopee / Lazada kind
Those you listed are not bad, especially grab. I think you would learn more from these startups.

Not too sure about banks, but I have heard they usually pay higher but your growth in terms of skillset will be slower (stuff you learnt are less transferable)
Reply With Quote
  #5 (permalink)  
Old 29-03-2019, 10:43 AM
Unregistered
Guest
 
Posts: n/a
Default

About 3 quarters have passed since this was posted
Now economy is not doing as well (I Guess)

Anyone has any recommendation on whether to head into startups
Am a local uni grad, numerate degree with 2.5 years work exp
Healthcare related

Would like to learn more things
Reply With Quote
  #6 (permalink)  
Old 29-03-2019, 12:25 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
About 3 quarters have passed since this was posted
Now economy is not doing as well (I Guess)

Anyone has any recommendation on whether to head into startups
Am a local uni grad, numerate degree with 2.5 years work exp
Healthcare related

Would like to learn more things
For lots of fresh grads today, it's a matter of who offers you a decent package first. So far I have not met anyone who has the luxury of comparing like 2 or 3 offers wondering which to sign. Try not to deviate too far from your field though, else years later HR sure ask... U study this but your experience.... (means, how to pay you well?)
Reply With Quote

  #7 (permalink)  
Old 29-03-2019, 03:59 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
About 3 quarters have passed since this was posted
Now economy is not doing as well (I Guess)

Anyone has any recommendation on whether to head into startups
Am a local uni grad, numerate degree with 2.5 years work exp
Healthcare related

Would like to learn more things
Economy is doing fine. Just that there is not enough talent in the market and many fresh grads with no experience.
If you are going into startups as a software developer, then yes. If not then the progression is not worth it.

A lot of people you meet in startups in SG, will be expats (with no degree or lousy degree abroad) looking to cash in on their expat status to rise, or fresh grads from private unis and local uni grads who studied marketing/ psychology etc. Thus, the means to rise doesn't depend on any sort of digital capability but politics.
There's no progression in there and these days many MNCs will question if you are fit for a corporate environment after you go into a startup
Reply With Quote
  #8 (permalink)  
Old 13-05-2019, 10:49 PM
Unregistered
Guest
 
Posts: n/a
Default

Anyone any experience with SEA/Garena?
Reply With Quote
  #9 (permalink)  
Old 14-05-2019, 09:52 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Anyone any experience with SEA/Garena?
Good pay, very long hours, not much progression, full of tiongs. YMMV.
Reply With Quote
  #10 (permalink)  
Old 11-08-2021, 10:01 PM
Junior Member
 
Join Date: Dec 2020
Posts: 8
JasonMay is on a distinguished road
Default

Startups and large corporate structures, in particular, banks, are two different universes. Even those startups who have a dozen years of working in a bank in serious positions behind them, surprisingly quickly "repaint" and begin to behave within a completely different logic and cultural codes. What can we say about the banal obvious mistakes that newcomers make in the business world. Unfortunately, this cultural gap is one of the main ones. business plan software will help the company to evaluate all the development opportunities and choose the one that will be most effective to achieve its goals.
Reply With Quote
Reply

Bookmarks

« 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
Pros & Cons of working in a tech role in an SME over a big company or a startup? i_stinks Income and Jobs 0 15-01-2018 07:57 PM
Letter Of Credit - Deutsche Bank Germany, HSBC and Barclays Bank Plc (London, UK) thomaschavez General Discussions 0 07-10-2017 11:53 PM
Looking for Marketing Consultants For A Startup Company In Singapore! HOCSupport Freelancers and Freelance Jobs 0 02-09-2017 08:52 PM
Looking for Marketing Consultants For A Startup Company In Singapore! HOCSupport Marketplace and Find Work 0 02-09-2017 08:51 PM
Whats the most common form of startup for young people T.K. Income and Jobs 0 25-09-2015 08:33 PM

» 30 Recent Threads
Credit Suisse ( 1 2 3... Last Page)
192 Replies, 132,453 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
10,058 Replies, 3,572,036 Views
Lawyer Salary ( 1 2 3... Last Page)
19,024 Replies, 8,319,715 Views
Career as Teacher ( 1 2 3... Last Page)
7,552 Replies, 4,742,632 Views
ST Electronics ( 1 2 3... Last Page)
3,288 Replies, 1,117,620 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
153 Replies, 83,092 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
4,613 Replies, 3,737,452 Views
DBS tech seed programme ( 1 2 3... Last Page)
3,000 Replies, 1,030,263 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
1,212 Replies, 544,957 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,153 Replies, 840,886 Views
Credit Suisse salary ( 1 2 3)
21 Replies, 23,659 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,125 Replies, 859,667 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,304 Replies, 1,065,202 Views
UBS Financial Services Industry... ( 1 2 3... Last Page)
742 Replies, 305,631 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
895 Replies, 291,722 Views
merit increment in civil service ( 1 2 3... Last Page)
91 Replies, 150,975 Views
Roles in accenture singapore ( 1 2 3... Last Page)
5,894 Replies, 1,556,209 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
5,263 Replies, 2,948,586 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,796 Replies, 2,494,640 Views
How much yearly salary increment... ( 1 2 3... Last Page)
43 Replies, 17,423 Views
How is life as a doctor in... ( 1 2 3... Last Page)
4,786 Replies, 2,487,230 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
667 Replies, 313,176 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,375 Replies, 711,906 Views
Julius Baer Graduate Program 2023
7 Replies, 1,721 Views
Schneider Electric - EGP (Grad... ( 1 2 3... Last Page)
112 Replies, 73,022 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
2,047 Replies, 904,344 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
393 Replies, 173,974 Views
IMDA (under MCI) ( 1 2 3... Last Page)
544 Replies, 266,828 Views
GovTech ( 1 2 3... Last Page)
3,590 Replies, 1,291,709 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
304 Replies, 201,547 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 03:19 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2023, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2