15% pay cut from private sector to teach in Polytechnic - 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




15% pay cut from private sector to teach in Polytechnic

Reply
 
Thread Tools
  #1 (permalink)  
Old 17-04-2011, 06:29 PM
Junior Member
 
Join Date: Jan 2011
Posts: 6
fuzzyjas is on a distinguished road
Default 15% pay cut from private sector to teach in Polytechnic

15% pay cut from private sector to teach in Polytechnic. Would you do it?

Reply With Quote
  #2 (permalink)  
Old 17-04-2011, 06:58 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by fuzzyjas View Post
15% pay cut from private sector to teach in Polytechnic. Would you do it?
In the first place why did u apply for the teaching job?

Reply With Quote
  #3 (permalink)  
Old 17-04-2011, 09:27 PM
Junior Member
 
Join Date: Jan 2011
Posts: 6
fuzzyjas is on a distinguished road
Default

More control for Work Life balance, potential long term career employment (although polytechnic lecturing is offer under renewable contract with the same perm benefits) and somewhere in between, passion to nurture young minds for work requirements and expectation in their chosen major/field. Does that justify fort he deep cut of 15%?

Reply With Quote
  #4 (permalink)  
Old 17-04-2011, 09:31 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by fuzzyjas View Post
More control for Work Life balance, potential long term career employment (although polytechnic lecturing is offer under renewable contract with the same perm benefits) and somewhere in between, passion to nurture young minds for work requirements and expectation in their chosen major/field. Does that justify fort he deep cut of 15%?
You already know the pros and cons. Just weigh it yourself. With the free time, you can also start some businesses on the side.
Reply With Quote
  #5 (permalink)  
Old 18-04-2011, 10:27 AM
Unregistered
Guest
 
Posts: n/a
Default

You get paid for how hard you work. If you want a "better work life balance" i.e., you want to be lazier, then you deserve a 15% cut in salary. Nobody owes you your current salary. Furthermore, pay will rise much more slowly than a regular job and by the time you are there for 10 years, you will probably be getting a 50% pay cut compared to if you have stayed in a normal job.

I can tell you from experience that Poly employment is more volatile than normal jobs and the first year you have to work like a dog to figure out how to teach your courses. From the 2nd or 3rd year, you start to have that work life balance that you are talking about.

So the bottom line is that if you want to do this from the goodness of your heart because you like to teach, then by all means. However, do realize that you are derailing your normal career and that you will have less in retirement.
Reply With Quote
  #6 (permalink)  
Old 18-04-2011, 10:56 AM
Unregistered
Guest
 
Posts: n/a
Default

(speaking from experience) after half a year or so, you indeed will have some free time to do your own things - research, sidelines, etc. however, if you are not cut out to be a teacher, life will be pretty miserable for you - bullied by "old birds", heads, technical officers and students.

if you believe you are the kind who can figure things out, and smart enough to find ways around to avoid the usual bullying and politics, you should be quite ready for the work-life balance you are looking for.
Reply With Quote

  #7 (permalink)  
Old 18-04-2011, 11:16 AM
Unregistered
Guest
 
Posts: n/a
Default

When you say more volatile, you mean teaching at poly is more unstable and the contract may not be renew? Or do you mean the job scope is volatile meaning, high variation in things you do? I thought a teaching job in poly will be more stable than a normal job and is something you can do till retirement?

Picking back the knowledge and the teaching skills will be tough in the 1st year for sure as it has been many years since university.

Private manufacturing companies are in the constant change of moving jobs in/out of Singapore subjected to cyclical demands and adjusting the size of workforce according to business needs. If you not in Director / HOD Positions, you may have trouble finding Engineer and manager level job from 40 to 45 years old onwards if you are given the golden handshake or have to quit your job for whatever unforeseeable reasons. Reason being younger guys can do your job cheaper, better and faster. Not sure how many ppl agree with me but from experience, I have ex principle engineers/Managers applying for Snr Engineer job and I just couldn’t hire them due to higher pay and also fear of them moving on to any companies that willing to give them more.
Reply With Quote
  #8 (permalink)  
Old 18-04-2011, 12:54 PM
Junior Member
 
Join Date: Apr 2011
Posts: 2
desfrie is on a distinguished road
Default

I have been working in a poly for 7 years. The situation is not as bad what is described here. Of course the pay may not be as high as the outside world but you will get to work till 65 with a stable income. The contract renewal is never an issue unless one is a super bad performers. In fact, my school sees very low attrition rate. Normally for staff who can't adapt, they will leave within 2 years. The passion for teaching must be there. There is a good combination of caring, teaching, learning and also industry work.
Reply With Quote
  #9 (permalink)  
Old 18-04-2011, 05:32 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by desfrie View Post
I have been working in a poly for 7 years. The situation is not as bad what is described here. Of course the pay may not be as high as the outside world but you will get to work till 65 with a stable income. The contract renewal is never an issue unless one is a super bad performers. In fact, my school sees very low attrition rate. Normally for staff who can't adapt, they will leave within 2 years. The passion for teaching must be there. There is a good combination of caring, teaching, learning and also industry work.
Ok..this is at least encouraging.
1.) How old are you now, if you don’t mind me asking as you are talking about teaching till 65?
2.) How was the MI in the past few years for poly? I was quoted 2-3% on C grade but when I look at the old fix increment scheme; the increase seems to be higher in the old scheme.
3.) Am I right to say that the program chair, Snr managers and managers belongs to PAX3?
4.) Does your poly has PAX3 Senior Lecturer or PAX3 must be Principle Lecturer? I am trying to gauge the potential of how far I can go vs if I were to stay in private sector.
5.) So the contract renewal is till retirement without any chance of turning to Perm? Any difference between contract and perm?
6.) Am I correct to say that poly lecturer gets an avg of 16.5months, including AWS, AVC, Growth, PB etc…
Reply With Quote
  #10 (permalink)  
Old 18-04-2011, 05:59 PM
Unregistered
Guest
 
Posts: n/a
Default

I am in my 40s. I am not saying I will teach till 65 but the stability here allows you to plan way ahead. With the new salary scheme, MI is largely performance based (incl. PB). I would not want to divulge the sum but it is relatively comfortable. Of course can't compare with the legal and finance industry where 10 month bonus is common.

As for PAX 3, it is largely reserved for management staff that you mentioned. There are remnant lecturers on PAX 3 (cross over from old scheme) but these are very senior staff who are reaching retirement age. Henceforth, teaching staff are not privy to PAX 3 as I understand. Most staff are on contract and there is no difference between the perm and contract staff in terms of benefits etc. The quantum of pay per annum is on the average side.

Having mentioned the above, there are other intangibles. Good staff are sponsored for Masters programme etc. I do enjoy the interaction with the students and the industry. I was previously from EDB and while I can say renumeration here is not the best, it is nonetheless comfortable. In anyway, parking is free and canteen food is cheap!

If your consideration is mainly on pay, poly is not for you. Here it can be likened to a passenger plane and not a F-15 fighter jet. Slow but sturdy!
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
Private Sector vs Public Sector androidguy Income and Jobs 36 30-10-2021 10:21 AM
Advice needed!! SPF Senior police officer vs. Private Sector Liquid Income and Jobs 66 29-09-2021 03:36 PM
Thinking to switch from Private to Government sector Huston Income and Jobs 5 05-04-2012 05:19 PM
Advise on polytechnic courses jonathan920 Income and Jobs 3 09-07-2010 02:39 PM
Charity sector pay Salary.sg Income and Jobs 1 21-06-2007 08:47 PM

» 30 Recent Threads
GovTech ( 1 2 3... Last Page)
1,722 Replies, 483,976 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
390 Replies, 133,080 Views
Fresh grad 2020 ( 1 2 3... Last Page)
67 Replies, 22,156 Views
DBS tech seed programme ( 1 2 3... Last Page)
1,278 Replies, 356,567 Views
Lawyer Salary ( 1 2 3... Last Page)
15,589 Replies, 5,364,612 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
5,273 Replies, 1,691,369 Views
infosys, cognizant ( 1 2 3)
22 Replies, 2,875 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
784 Replies, 373,885 Views
High Finance Thread ( 1 2 3... Last Page)
462 Replies, 145,163 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
2,144 Replies, 637,930 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
878 Replies, 270,381 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
3,185 Replies, 1,379,274 Views
Career as Teacher ( 1 2 3... Last Page)
4,353 Replies, 2,818,179 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,503 Replies, 2,766,136 Views
How is life as a doctor in... ( 1 2 3... Last Page)
3,462 Replies, 1,618,768 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
604 Replies, 361,632 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
4,210 Replies, 1,977,186 Views
Compare civil service salary ( 1 2 3... Last Page)
13,365 Replies, 7,893,007 Views
Singtel Management Associate... ( 1 2 3... Last Page)
526 Replies, 191,036 Views
NTU (non-faculty) ( 1 2 3... Last Page)
127 Replies, 137,283 Views
NUS (National University of... ( 1 2 3... Last Page)
161 Replies, 136,531 Views
Standard Chartered International... ( 1 2 3... Last Page)
124 Replies, 85,881 Views
Management Consultant MBB Big4 etc... ( 1 2 3... Last Page)
79 Replies, 63,388 Views
Chinese backed tech company WLB in... ( 1 2 3... Last Page)
101 Replies, 10,081 Views
How much do you earn and save? ( 1 2 3... Last Page)
327 Replies, 131,843 Views
OCBC Bank
7 Replies, 428 Views
Whats your net worth ( 1 2 3... Last Page)
2,903 Replies, 1,009,768 Views
How much are you earning per annum? ( 1 2 3... Last Page)
13,041 Replies, 4,585,291 Views
Comp Science Frsh Grad Salary ( 1 2 3... Last Page)
631 Replies, 129,352 Views
JP Morgan ( 1 2 3... Last Page)
116 Replies, 73,045 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 01:12 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2