How much to ask for starting pay for those graduating in 2021? - Page 9 - 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




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

 Citibank Cash Back Card - up to $350 cash back* - Click to Apply Now 
Reply
 
Thread Tools
  #81 (permalink)  
Old 21-09-2020, 10:32 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.
1. The thread on MA salaries is not 100% accurate

2. Compensation for MA/GA for affected MNCs are expected to fall this year

3. Number of GA/MA spots for top-tier spots will definitely be lower as compared to previous years (Source: Most SA programmes have a lower return rate this year)

Reply With Quote
  #82 (permalink)  
Old 21-09-2020, 10:39 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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...
Your figures and data are flawed.

I know of a handful of local uni grads (even second upper) accepting 2.5k traineeships - just look at the post on UBS FS Academy.

Btw, double degree first-class average salary ain't 5.5k. It depends on your degree. From 2019 GES data, NBS Biz&Acct median salary is 4k.

Reply With Quote
  #83 (permalink)  
Old 21-09-2020, 10:47 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Your figures and data are flawed.

I know of a handful of local uni grads (even second upper) accepting 2.5k traineeships - just look at the post on UBS FS Academy.

Btw, double degree first-class average salary ain't 5.5k. It depends on your degree. From 2019 GES data, NBS Biz&Acct median salary is 4k.
Your post is more accurate, I have so many peers from autonomous Unis all getting 2.4k to 2.6k and we have peeps here talking about 5.5k, lol rofl what a joke... still living in lalaland...

Reply With Quote
  #84 (permalink)  
Old 21-09-2020, 03:13 PM
Unregistered
Guest
 
Posts: n/a
Default

I'm surprised at the figures mentioned in this thread. Previously, even after covid, one would easily have formed the impression after reading this forum that the starting salary of the vast majority of fresh grads is around the range of $4.6-6k/mth.

It made me, as an experienced worker making $4.8k/mth, very depressed. Looks like they were not representative of all fresh grads after all.
Reply With Quote
  #85 (permalink)  
Old 21-09-2020, 03:20 PM
Unregistered
Guest
 
Posts: n/a
Default

anyone know how accurate is the mycareersfuture salary. Especially for govt jobs.

I am also talking more about the min rather than max because... i expect the max to be less accurate
Reply With Quote
  #86 (permalink)  
Old 21-09-2020, 03:22 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
1. The thread on MA salaries is not 100% accurate

2. Compensation for MA/GA for affected MNCs are expected to fall this year

3. Number of GA/MA spots for top-tier spots will definitely be lower as compared to previous years (Source: Most SA programmes have a lower return rate this year)
Yes can confirm this. Know of one MNC that is being more selective in their 2021 grad intake and reducing headcount
Reply With Quote

  #87 (permalink)  
Old 22-09-2020, 09:35 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Yes can confirm this. Know of one MNC that is being more selective in their 2021 grad intake and reducing headcount
Also depends on type of MNCs, a few that my frens went for managed to negotiate around 3.2kish....

They reasoned it's already on the high side.
Reply With Quote
  #88 (permalink)  
Old 22-09-2020, 11:41 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Also depends on type of MNCs, a few that my frens went for managed to negotiate around 3.2kish....

They reasoned it's already on the high side.
Most if not all GA/MA programmes have fixed packages - no room for nego
Reply With Quote
  #89 (permalink)  
Old 24-09-2020, 03:41 PM
Unregistered
Guest
 
Posts: n/a
Default

My experience -
- Graduated last year Oct private uni in electrical engineering
- Interned for an MNC for 6 months $800/m, coverted to perm position Feb this year $3.3k/m
- Left and joined another MNC last month earning $3.65k/m gross, doing R&D for electronics
Reply With Quote
  #90 (permalink)  
Old 25-09-2020, 10:28 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
My experience -
- Graduated last year Oct private uni in electrical engineering
- Interned for an MNC for 6 months $800/m, coverted to perm position Feb this year $3.3k/m
- Left and joined another MNC last month earning $3.65k/m gross, doing R&D for electronics
To be honest 3.65k is actually on the pretty low end of the spectrum for R&D.
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
2021 Summer Analyst (Banks) Applications siaokia Income and Jobs 0 21-08-2020 01:02 PM
Lendlease Graduate Program 2021 Intake Sgw Income and Jobs 0 14-07-2020 05:13 PM
Starting salary blackswan Income and Jobs 217 03-01-2018 11:31 PM
Graduating from UNISIM soon ? Gradsoon Income and Jobs 12 24-02-2014 09:36 AM
Engineer graduating soon starchild Income and Jobs 14 02-09-2011 02:36 PM

» 30 Recent Threads
How to start a small business
9 Replies, 1,781 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,396 Replies, 2,003,772 Views
Dsta ( 1 2 3... Last Page)
838 Replies, 570,327 Views
Lawyer Salary ( 1 2 3... Last Page)
9,508 Replies, 3,050,402 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,013 Replies, 3,836,002 Views
Compare civil service salary ( 1 2 3... Last Page)
10,659 Replies, 5,896,888 Views
anyone working at NCS ? ( 1 2 3... Last Page)
439 Replies, 314,757 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
80 Replies, 119,670 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
742 Replies, 371,939 Views
Passive income ideas? ( 1 2 3)
27 Replies, 17,746 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
2,999 Replies, 1,141,588 Views
Job Application with MOE... ( 1 2 3... Last Page)
238 Replies, 223,479 Views
Interviews related ( 1 2)
13 Replies, 2,090 Views
Career as Teacher ( 1 2 3... Last Page)
2,871 Replies, 1,746,528 Views
ST Electronics ( 1 2 3... Last Page)
850 Replies, 255,085 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,676 Replies, 1,122,029 Views
Looking for job referral,...
4 Replies, 411 Views
Progression in Career
1 Replies, 638 Views
Oil Majors vs. Trading House
4 Replies, 570 Views
Career advice
4 Replies, 2,470 Views
Big 4 audit exit options
0 Replies, 176 Views
Management Consultant MBB Big4 etc... ( 1 2 3... Last Page)
51 Replies, 38,843 Views
DBS tech seed programme ( 1 2 3)
23 Replies, 3,391 Views
Should I switch to a higher paying... ( 1 2)
19 Replies, 2,253 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,452 Replies, 976,060 Views
GovTech / CSA / IMDA
0 Replies, 179 Views
Roles in accenture singapore ( 1 2 3... Last Page)
407 Replies, 267,847 Views
Job offer from Apple ( 1 2 3... Last Page)
474 Replies, 101,200 Views
High Finance Thread ( 1 2 3... Last Page)
147 Replies, 29,710 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 02:04 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2