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How much to ask for starting pay for those graduating in 2021?

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  #131 (permalink)  
Old 11-10-2020, 02:55 PM
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(Ignoring the trolls who flooded the forum)

Hiring manager here in a engineering MNC.

I have 1 headcount frozen since March 2020, initiated the interview process after receiving approval all the way from BU board management - we had a company wide hiring freeze since early this year.

Interviewed about 10 - 15 candidates, 30-40% were retrenched since early this year, some even have their entire department / BU closed in Singapore. This is when I feel the impact of COVID to the employment market.

The story didnít end here, few weeks after I have completed my interview process and ready to make offer via HR, I was told that my company is having layoff in July and this position will now be frozen again, I have to tell my candidates this difficult decision and apologise to them.

We had 6 persons removed from our office, and eventually I have this position filled with internal transfer from another BU, have to make compromise on the qualification, fortunately we didnít have the headcount removed.

I definitely cannot speak for other company / industry, but being in the service department of an engineering company, our forecast for the next 6-12 months is below average. Even if we are able to get vaccinated by end of 2020 (this needs a lot of luck!), the economy will not be out of the wood for another year, and it will never be the same anymore.

Remote working will be a new norm (we are in discussion among management team to downsize the office space), traveling will be a luxury for the next few years, e-commerce and cloud computing is the next big trend, etc.

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  #132 (permalink)  
Old 11-10-2020, 03:22 PM
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Originally Posted by Unregistered View Post
Continue to be deluded lols, u guys are the best at day dreaming
Cry me a river

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  #133 (permalink)  
Old 12-10-2020, 02:46 PM
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Quote:
Originally Posted by Unregistered View Post
(Ignoring the trolls who flooded the forum)

Hiring manager here in a engineering MNC.

I have 1 headcount frozen since March 2020, initiated the interview process after receiving approval all the way from BU board management - we had a company wide hiring freeze since early this year.

Interviewed about 10 - 15 candidates, 30-40% were retrenched since early this year, some even have their entire department / BU closed in Singapore. This is when I feel the impact of COVID to the employment market.

The story didnít end here, few weeks after I have completed my interview process and ready to make offer via HR, I was told that my company is having layoff in July and this position will now be frozen again, I have to tell my candidates this difficult decision and apologise to them.

We had 6 persons removed from our office, and eventually I have this position filled with internal transfer from another BU, have to make compromise on the qualification, fortunately we didnít have the headcount removed.

I definitely cannot speak for other company / industry, but being in the service department of an engineering company, our forecast for the next 6-12 months is below average. Even if we are able to get vaccinated by end of 2020 (this needs a lot of luck!), the economy will not be out of the wood for another year, and it will never be the same anymore.

Remote working will be a new norm (we are in discussion among management team to downsize the office space), traveling will be a luxury for the next few years, e-commerce and cloud computing is the next big trend, etc.
Cool story bro, how long did u take to come up with that?

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  #134 (permalink)  
Old 15-10-2020, 12:46 PM
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Not quite sure why these self-proclaimed local uni students are so salty and bothered to leave such unwanted comments on this forum meant for SIM students to share their salaries...
Like bruhhhh go back to your books instead of whining and bitching about how SIM students are of a lower tier than you and how their salaries are so low compared to yours la
Iíve worked in HR before and Iíve seen local graduates coming out to earn only $2.5k in their first job (similar to private uni grads)
Itís not so much about where they get their degree in this case, itís about the job that theyíre looking for as well as the past working experiences that they had.
So stop comparing and complaining ya, your low self-esteem is apparent
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  #135 (permalink)  
Old 16-10-2020, 12:50 PM
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Originally Posted by Unregistered View Post
Not quite sure why these self-proclaimed local uni students are so salty and bothered to leave such unwanted comments on this forum meant for SIM students to share their salaries...
Like bruhhhh go back to your books instead of whining and bitching about how SIM students are of a lower tier than you and how their salaries are so low compared to yours la
Iíve worked in HR before and Iíve seen local graduates coming out to earn only $2.5k in their first job (similar to private uni grads)
Itís not so much about where they get their degree in this case, itís about the job that theyíre looking for as well as the past working experiences that they had.
So stop comparing and complaining ya, your low self-esteem is apparent
No wonder u work in HR.... lepak life
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