15% pay cut from private sector to teach in Polytechnic

Originally Posted by Unregistered

Hello,

I have been working in a bank for 20 years. Cluster head. But retrenched recently. Pay was about 48k per year, 4.3k pm. A poly offered me an admin position for 6k pm. I am a degree holder.

They also indicated that they are looking to appoint me as a section head in 2 years time if I do well. They added that my duties are is perform over the counter duties and performing mailing duties.

I always thought joining poly is to take a pay cut as this thread suggest. Any catch how come I am paid much more than the banks? And also how come functional role like mail duties, customer service; mail boy get paid 6k?

By the way, I have another friend who was my junior in the bank and went to join the poly recently, he worked there for about a year and is now a Section Head, he has not upgraded and is still holding a Diploma in Financial Studies. Does that I mean I will be the same grade/ pay scale as my friend if I were to be appointed as a Section head?

Would appreciate some clarificaton. Thank you!

Cluster Head? 48k pa???? Bank?????? What kind of cluster head that a bank will only pay that amount??? A relationship Manager's basis is easily that amount and I am not talking about really senior RMs

Originally Posted by Unregistered

Cluster Head? 48k pa???? Bank?????? What kind of cluster head that a bank will only pay that amount??? A relationship Manager's basis is easily that amount and I am not talking about really senior RMs

Cluster head for back office operations usually are of a different pay scale than a relationship manager. The difference is like night and day. I still recalled my bonus was $79.50 during the 9/11 attack and my executive director conveyed that I should be very happy as I was the top 10% to even get a bonus. I was rated the best performing employee and had won several awards, even so my bonus for a "very good year" never went beyond 1.5 months.

There is this mindset that banks pay well, however this is not for a cost centre. Which is why till this date I do not recommend graduates to join back office operations, I tell them to avoid like plague if possible.

I was Cluster head for Regional Ops supporting Ldn, Japan, AUS, NZ markets and was later promoted to Cluster head to manage the Corporation Action for Singapore branch. Even so, pay never went pass 5k. I had allowance when performing night shifts when supporting the regional markets, but after I was promoted, I was required to relinquish my night shift duties to normal working hours. So its pretty much back to square one in terms of pay; allowance removed as now there was pay increment.

Most of my peers left shortly after 2 years and most of them are Managers, VPs, DDs now. They call me stupid sometimes. But I guess this is life.

Originally Posted by Unregistered

Hello,

I have been working in a bank for 20 years. Cluster head. But retrenched recently. Pay was about 48k per year, 4.3k pm. A poly offered me an admin position for 6k pm. I am a degree holder.

They also indicated that they are looking to appoint me as a section head in 2 years time if I do well. They added that my duties are is perform over the counter duties and performing mailing duties.

I always thought joining poly is to take a pay cut as this thread suggest. Any catch how come I am paid much more than the banks? And also how come functional role like mail duties, customer service; mail boy get paid 6k?

By the way, I have another friend who was my junior in the bank and went to join the poly recently, he worked there for about a year and is now a Section Head, he has not upgraded and is still holding a Diploma in Financial Studies. Does that I mean I will be the same grade/ pay scale as my friend if I were to be appointed as a Section head?

Would appreciate some clarificaton. Thank you!

They can promise you the moon...until you get it...it's not easy to get section head (in some poly, they are brand as assistant manager), unless there is vacancy.

Also, having only a diploma and becoming a section head after a year...never heard off...either your friend is ********ing you or you are ********ing.

You need to have at least a relevant basic degree with enough relevant industrial experience to get into a poly...so either your interview technique is damn solid, or the poly is damn desperate to get this position filled up, given what you said about your experience.

We are damn careful on hiring...as once hired its damn difficult to remove the staff，if its a wrong choice...请神容易，送神难。

Originally Posted by Unregistered

They can promise you the moon...until you get it...it's not easy to get section head (in some poly, they are brand as assistant manager), unless there is vacancy.

Also, having only a diploma and becoming a section head after a year...never heard off...either your friend is ********ing you or you are ********ing.

You need to have at least a relevant basic degree with enough relevant industrial experience to get into a poly...so either your interview technique is damn solid, or the poly is damn desperate to get this position filled up, given what you said about your experience.

We are damn careful on hiring...as once hired its damn difficult to remove the staff，if its a wrong choice...请神容易，送神难。

Thanks for responding. He was appointed section head for students service. and yes he is a high flyer. He has a flair for engaging students, in terms of programs, events, open hse etc. For internship, he was able to ride on his expertise and connection with the industrial and ppl from May bank, Citibank, HSBC all sought interns from his poly. He was also heavily involved in board of commissioners meetings and poly wide events. Both the School director and Principle recognises his efforts. With that, I don't think it was difficult for him to get a Section Head position within a year.

PS: he was slanted to be promoted to a VP position in my old bank but he declined.

I am guessing he decline cos he knew they would be alot of resistance... Junior officer -> VP is also unheard of in my bank.

Does anyone know the salary of a polytechnic counsellor?

Originally Posted by Unregistered

Thanks for responding. He was appointed section head for students service. and yes he is a high flyer. He has a flair for engaging students, in terms of programs, events, open hse etc. For internship, he was able to ride on his expertise and connection with the industrial and ppl from May bank, Citibank, HSBC all sought interns from his poly. He was also heavily involved in board of commissioners meetings and poly wide events. Both the School director and Principle recognises his efforts. With that, I don't think it was difficult for him to get a Section Head position within a year.

PS: he was slanted to be promoted to a VP position in my old bank but he declined.

May I ask how much are you paid to BS and spread rumours in this forum? Thank you.

there are a lot of PAX3 senior lecturer in the oldest Polytechnic.

There responsibility is to forward email and coordinate work. I can hire 3-4 staff to do their job

They also like to hire people from our neighbourhood country if the head is from malaysia

[warning]

Anyone interested to work in Oman?
Academic Posts Available Job - Education / Training & Development Jobs in Singapore, Education / Training Jobs, Consulate General of The Sultanate of Oman, Singapore Job Search - STJobs

Originally Posted by warning

Anyone interested to work in Oman?
Academic Posts Available Job - Education / Training & Development Jobs in Singapore, Education / Training Jobs, Consulate General of The Sultanate of Oman, Singapore Job Search - STJobs

Got opening in Dongguan, China? I go..haha