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

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  #71 (permalink)  
Old 17-09-2020, 03:45 PM
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Under the cloak of anonymity, we have two calibre of retards on opposite ends. One that’s delusional with their “my friends are drawing XXXX” and the other being “2.5K blabla stay hungry”.

I can attest that no one in this thread (Including me uwuu) is earning more than 4K on their first job after undergrad. The wannabe law guy above probably still lives with his parents and is still looking for a job.
Exactly, in this day and age where traineeship pay is up to 2.5k, which employer will pay more than this.... 2.2k to 2.5k is reasonable in my opinion. As least work first.

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  #72 (permalink)  
Old 17-09-2020, 07:58 PM
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Exactly, in this day and age where traineeship pay is up to 2.5k, which employer will pay more than this.... 2.2k to 2.5k is reasonable in my opinion. As least work first.
Yea kinda agree.

Fresh grad here 2.6k Mech Eng.
After deducting cpf, give parents 1.2k, food 300, transport 100, still living comfortably with few hundred bucks for savings

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  #73 (permalink)  
Old 17-09-2020, 11:52 PM
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The salary that is offered to a fresh grad says a lot more about the standard of the company than the Individual's capability.
A stingy company pays $2600 (Min pay to avoid paying OT) for all fresh hires. An MNC/stat board standardises pay at $4-5k for all fresh hires. Cannot say that all the 30 people hired in one batch is the same, confirm there will be more high-flying ones like one was from Ivy League vs Another from local u with second lower.

When i graduated In 2016, I applied to a few different jobs in the same role (non-sales), the difference can be huge. A job with in the public sector is almost double that of a small accounting firm (less than 50 total headcount).

Confirm+chop that acct firm, never raise its salary for fresh hires in 4 years, now got covid even better, can lower to $2500.

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  #74 (permalink)  
Old 18-09-2020, 10:00 AM
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Of course it is possible. But how many people can expect to command above 4k post-covid? As you've already mentioned, you got converted & you are not recruiting FT for 2021.

P.S. I got a return from a BB too.
Exactly, don't be an asshole. I work in Finance. Many of you fresh grads can't even make it beyond a year or two, and yet come in on your first day all decked out in fancy suits and cuff links...

Come on man.

The same goes for law... Maybe a handful is still in the profession from the friends I know.
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  #75 (permalink)  
Old 18-09-2020, 10:06 AM
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You must be a back office goon
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  #76 (permalink)  
Old 18-09-2020, 10:10 AM
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You must be a back office goon
Even if he is, still beats being unemployed
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  #77 (permalink)  
Old 18-09-2020, 10:53 AM
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The salary that is offered to a fresh grad says a lot more about the standard of the company than the Individual's capability.
A stingy company pays $2600 (Min pay to avoid paying OT) for all fresh hires. An MNC/stat board standardises pay at $4-5k for all fresh hires. Cannot say that all the 30 people hired in one batch is the same, confirm there will be more high-flying ones like one was from Ivy League vs Another from local u with second lower.

When i graduated In 2016, I applied to a few different jobs in the same role (non-sales), the difference can be huge. A job with in the public sector is almost double that of a small accounting firm (less than 50 total headcount).

Confirm+chop that acct firm, never raise its salary for fresh hires in 4 years, now got covid even better, can lower to $2500.
Fair enough, but first job should be about what you can learn and many will attest that private companies, especially SMEs, will allow you to pick up more skills and learn. Pay is not everything.
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  #78 (permalink)  
Old 21-09-2020, 03:02 AM
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Fair enough, but first job should be about what you can learn and many will attest that private companies, especially SMEs, will allow you to pick up more skills and learn. Pay is not everything.
The kind of company that says pay is not everything is also the kind that will only pay you 3% increase from your previous salary if you are not a fresh grad. Like that you rotate between SMEs until 40 years old your pay will never break 5k.
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  #79 (permalink)  
Old 21-09-2020, 03:13 AM
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Of course it is possible. But how many people can expect to command above 4k post-covid? As you've already mentioned, you got converted & you are not recruiting FT for 2021.

P.S. I got a return from a BB too.
There is a thread on this forum about the compilation of MA salaries. More than 3/4 of that list is above 4k. If you are a respectable MNC, COVID won't affect u as much, the number of top tier students hired by these MNCs or banks for 2021 will be the same as 2019 and 2020.

The people who see their pay go down in 2021 are those who would end up in SMEs even in non-COVID to begin with (pay drop from 2.8k to 2.5). Because in COVID, the SMEs are the one who are impacted the most.
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  #80 (permalink)  
Old 21-09-2020, 03:31 AM
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Smile 2.2k for fresh grad?

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Exactly, in this day and age where traineeship pay is up to 2.5k, which employer will pay more than this.... 2.2k to 2.5k is reasonable in my opinion. As least work first.
Kaplan students mix with Kaplan students, the whole bunch of them get offered 2.2k to 2.5k, they think this is industry standard.

Local Uni second lower make friends with other second lower, they get offers from 2.8k to 3k, they all think this is also normal.

Double degree first class ask their fellow double degree classmates the salary offered when they secure a job, the average answer is 5.5k, they also think no fresh grad job exists paying below 4k.

When ppl say 2.2k to 2.5k is normal for fresh grad, it's very easy to know where they study and what CAP they get la hor...
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