Starting Pay for CS/Ministries 2020 Covid Batch

Originally Posted by Unregistered

SB here, 2nd upper ntu 3.3k

Can i ask if got NS?

Originally Posted by Unregistered

lol ok la~ stop hijacking this thread to talk about computer science liao la. just go create your own thread as most of us here just want to learn more about how covid had affected class of 2020 salaries for ministry and public sector jobs.

to kick start conducive discussion again, let me share that my fresh grad friends with 2nd upper honors taking around 3.1k at ministries. also heard FCH drop to around 3.4 (non NS) and 3.5 (with NS) liao~ can any1 confirm?

sounds about right

Originally Posted by Unregistered

Can i ask if got NS?

got NS. mid tier SB just to clarify

Originally Posted by Unregistered

got NS. mid tier SB just to clarify

then I second lower with NS probably get even lower alr

FCH from NTU, 1.7k per month.

Originally Posted by Unregistered

FCH from NTU, 1.7k per month.

Traineeship? Guess times are rlly bad...

ministry, NUS 2nd lower, 3.2k. no NS

Originally Posted by Unregistered

20plus and early 30s. Those who joined in the last few yrs fresh out of uni or relatively early in their career, to a generic MX scheme with a degree as a farmer.

Those in their 40s now had different opportunities. Just for example, $1-1.3mil would have gotten them a freehold condo in Marine Parade 10 yrs ago. Now you would have to pay $2-4mil for the same.

Yup got a relative who bought a semi-d for a little over $1 million in the 90s before the property boom. He wasn't high ranking, he retired as AD only.

Originally Posted by Unregistered

Yup got a relative who bought a semi-d for a little over $1 million in the 90s before the property boom. He wasn't high ranking, he retired as AD only.

Yup and in the early 90s, even better. $700k could land you a freehold semi-d with 4000sqft land. A similar property would cost $4.5m today. For the millennials in the workforce today, it would mean having to earn 6.5X the salary of a working person who bought the same semi-d back in the day. Unfortunately the salary has probably less than doubled since the 1990s.

When it comes to new HDB flat prices, the difference is even more drastic...$30-50k would get you a spacious 4 or 5 room flat back in the 80s. Today it would cost up to $700+k I heard for a BTO in kallang. That's about 14X increase in price! Again, the salaries have probably only about doubled(?) since then.

As a millennial myself, I quickly learnt that there's a limit to enjoyment when it comes to property. A 2.7million condo at about 1000sqft for 99yrs in queenstown isn't gonna be worth what you put into it. For the average earner. Better get something far away and much cheaper, spend your days with less worry and enjoying more things in life. You could have a home, go on holidays, buy a car, dine out, indulge in hobbies, and end up spending under a million in all compared to a few million just for a tiny box in the sky for 99 years in a "good location".

Better not follow our parents' pathways blindly. It's a different world today.

Those who have applied 100+ or 200+ jobs, how do you manage to customise all your resumes? Or just have a standard copy and click apply to all the jobs?