Low Paying Stable Job vs High Growth Risky Job - 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




Low Paying Stable Job vs High Growth Risky Job

Reply
 
Thread Tools
  #1 (permalink)  
Old 07-01-2021, 12:59 AM
Junior Member
 
Join Date: Aug 2020
Posts: 2
johnny123 is on a distinguished road
Default Low Paying Stable Job vs High Growth Risky Job

Hi all, I am a fresh graduate who graduated in 2020 but just got offered 2 different positions. The first is a job as a project manager at one of the research institutes in Singapore paying SGD3,100 and the other is as a product manager in a Chinese listed OEM company paying SGD4,000.

Pay wise it is a no brainer, but from what I understand and hear from Chinese companies I am a little concerned that the company may not be what it markets itself to be, especially when I go on linkedin and find that there is no one in Singapore hired under the company as it is a new HQ. No glassdoor reviews or tianyacha the chinese version for some reason. And the contract is a little vague in terms of the job responsibilities.

The project manager job sounds a little less intimidating, but it feels like a potential dead end because it is contract based but what I hear is contracts usually get renewed and the jobscope looks like something that is mostly admin work and have little to no relevance in industry. But the good thing is I know the contract won't be dubious because it is from a reputable research institute in Singapore.

Both are great offers, however, and I am very appreciative of getting them especially in this economy. And want to get everyone's thoughts on this.

Reply With Quote
  #2 (permalink)  
Old 07-01-2021, 09:45 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by johnny123 View Post
Hi all, I am a fresh graduate who graduated in 2020 but just got offered 2 different positions. The first is a job as a project manager at one of the research institutes in Singapore paying SGD3,100 and the other is as a product manager in a Chinese listed OEM company paying SGD4,000.

Pay wise it is a no brainer, but from what I understand and hear from Chinese companies I am a little concerned that the company may not be what it markets itself to be, especially when I go on linkedin and find that there is no one in Singapore hired under the company as it is a new HQ. No glassdoor reviews or tianyacha the chinese version for some reason. And the contract is a little vague in terms of the job responsibilities.

The project manager job sounds a little less intimidating, but it feels like a potential dead end because it is contract based but what I hear is contracts usually get renewed and the jobscope looks like something that is mostly admin work and have little to no relevance in industry. But the good thing is I know the contract won't be dubious because it is from a reputable research institute in Singapore.

Both are great offers, however, and I am very appreciative of getting them especially in this economy. And want to get everyone's thoughts on this.
How about your risk appetite? If you are risk averse then the project management job pretty much meet your criteria.

Another thing to consider is the workload, which company do you think will give you more stuff to do?

Work Life balance?

prospect in growth?

Transferrable skills?

Reply With Quote
  #3 (permalink)  
Old 07-01-2021, 10:11 AM
Unregistered
Guest
 
Posts: n/a
Default

Chinese job ftw tbt

Reply With Quote
  #4 (permalink)  
Old 07-01-2021, 10:34 AM
Unregistered
Guest
 
Posts: n/a
Default

At your age I would take the Chinese job. It may bomb on you but if it does, time is on your side to find another job. If it goes well, well you will enjoy far better pay and prospects than in the research institute.
Reply With Quote
  #5 (permalink)  
Old 07-01-2021, 10:43 AM
Unregistered
Guest
 
Posts: n/a
Default

Honestly if I'm a China company and want to setup a HQ in Singapore.
I need a product manager that has connection and get things done in Singapore and take instruction from China.

Why would I hire a fresh grad for this job?

E.g. We need to submit this product for certification.

Fresh grad : OK? What do I need to do.
Me : erm we hire you to manage the product. Can u like take initiative to find out which Singapore board we need. What is the approval process. Form to fill etc.
Fresh grad : erm.

Or...

Me: our Singapore client complain you never meet deadline, the business meeting next week why you not familiar with our product.
Fresh grad : erm nobodu brief me I also don't know our system how it work...

Or...

Me : can you liase with the shipment, we need to send the equipment to Singapore factory. Covid all the restriction, we need to get it thru by end or march... Can you arrange it?
Fresh grad : erm? How? Who do I reach out? Someone help.

No idea why people would hire fresh grad for a position that requires managerial and people skill....

Or..

Me : our Singapore client complain our product no quality can you handle then.
Fresh grad : how???
Reply With Quote
  #6 (permalink)  
Old 07-01-2021, 10:49 AM
Unregistered
Guest
 
Posts: n/a
Default

OP very cute.

This is called high risk means you are not experience nor qualified for this job la.
The admin job sounds more suitable for you.

You only wished that simple easy admin job will you pay you more only.

I'm a fresh grad 20 years back.
Now I manage a product for singtel. Contraxt. Staff. Deliverable. Motivation. Problems. Complains. Etc.

But my pay is 10k per month and I have worked from ground up 20 years experience handling and managing product from inception to deliverable. To knowing how to get off my high horse and talk to ground people. To buying coffee and cakes to treat them during festival like moon cake, durian, Christmas.

I suggest you open your horizon and look for one more suitable for you.
You take up 4k can't do the job. Doesn't mean you won't get fired.
Reply With Quote

  #7 (permalink)  
Old 07-01-2021, 11:03 AM
Unregistered
Guest
 
Posts: n/a
Default

4k for a manager position is low.
For context. If you need to hire a foreigner to work in Singapore they nerd 3.8k for the employment pass to ba approved.

So China is low balling...

Maybe that's why they eying fresh grad. Cause to fresh grad 4k is alot.
But to the company. Manager asking for 6to 8k for the job they will ask you to do. 24/7

And high pay doesn't mean your next job won't readjust back.
My friend his first job was too high back when fresh grad is getting 2.5k he claimed he was paid 3.5k and subsequently when he join his next job he have to take pay cut. Firsr he was offered his asking from his last paid... But after 6 months there. HR readjust his salary say got market rate adjustment and he either take the pay cut or quit

He quit. And struggle to find job and keep one after that cause he keep chasing for higher pay
Meanwhile I stayed with the same corporation from 2.5k fresh grad. Now I'm already VP level 13k with ncs.

So choose your career path. You like to stay rooted or jump here and there.

Either way it sounds more like OP don't know what to with life and have the delusion that this first job determines everything.

Wrong.

People with low starting pay can get high increment if they loyal etc.
It's all luck and timing and alot of factors.

So must pray CNY wealth and career. That's why all the old people, business etc always pray and burn asking for wealth prosperity and career growth

Cause there is no guarantee in life.

Those work in SIA. Brand. Prestige. High pay. Now laid off.
Get more experience. Build connection. Network. Find passive income. Network. Social media. Training.

If you think your first job decides your future. Then don't bother la cause every year got brew fresh a new batch of ppl coming to steal your job from you.
Reply With Quote
  #8 (permalink)  
Old 18-01-2021, 07:23 PM
Unregistered
Guest
 
Posts: n/a
Default

Don’t be afraid to fight for what you want. Potential employers are able to spot persistence from a mile away. The ability to remain steadfast when faced with adversity is a sign of a great employee. Don’t hesitate to send an email response, or even a text message, to ask why you were rejected and if there are other more appropriate jobs within the company that you can apply to instead. Read more: |<a href="s://.randstad.com.sg/career-advice/tips-and-resources/how-to-overcome-job-application-rejection/">how to overcome the devastating impact of a job application rejection</a>
Reply With Quote
  #9 (permalink)  
Old 19-01-2021, 06:34 PM
Unregistered
Guest
 
Posts: n/a
Default

if the job sounds like it can bring you to the next level then by all means go
Reply With Quote
  #10 (permalink)  
Old 21-06-2021, 01:43 PM
Verified Member
 
Join Date: Dec 2020
Posts: 14
LeahHodges is on a distinguished road
Default

I don't understand why in 2021 to work in an office when you can easily find a job remotely and get even more money. Now anyone can master almost any online specialty in just a couple of months; at least, that was the case with me. After graduating from university, I didn't know how to find a job because I left for another country and wanted to work online until I learn the language. Friends advised me to look at the labor exchange, but there are few freelance vacancies. Then I saw one site with a wide selection of remote qa testing jobs. I was fortunate to find it, as there are many vacancies on that site in different specialties. Now I work from home and earn more than my friends in the offices. I advise you guys to switch to freelance
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
How do you define a 'stable' job? temp111 Income and Jobs 20 25-08-2015 12:49 PM
The Gem of UK property (High yield, High Growth, Positive cash flow) newsgprop Market Talk 4 12-01-2015 12:03 PM
relatively high paying monotonous job questions Income and Jobs 10 25-04-2013 07:26 PM
Dream Job vs Stable Job? nonstop247 Income and Jobs 3 28-07-2010 10:49 AM
Pay rise in high-growth sectors Salary.sg Income and Jobs 3 04-11-2008 07:23 PM

» 30 Recent Threads
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
3,198 Replies, 1,369,547 Views
Lawyer Salary ( 1 2 3... Last Page)
14,298 Replies, 4,796,960 Views
infosys, cognizant
2 Replies, 1,453 Views
Chinese backed tech company WLB in... ( 1 2 3... Last Page)
41 Replies, 1,096 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
804 Replies, 217,354 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
571 Replies, 455,766 Views
How is life as a doctor in... ( 1 2 3... Last Page)
2,875 Replies, 1,451,414 Views
Compare civil service salary ( 1 2 3... Last Page)
12,713 Replies, 7,463,286 Views
Career as Teacher ( 1 2 3... Last Page)
4,069 Replies, 2,564,822 Views
Whats your net worth ( 1 2 3... Last Page)
2,843 Replies, 966,333 Views
dealing with freelance investor
4 Replies, 883 Views
Htx
9 Replies, 562 Views
Changi Airport Group ( 1 2 3... Last Page)
407 Replies, 394,847 Views
ST Electronics ( 1 2 3... Last Page)
2,385 Replies, 601,661 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,140 Replies, 1,714,064 Views
DBS tech seed programme ( 1 2 3... Last Page)
1,032 Replies, 261,918 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
3,941 Replies, 1,799,470 Views
Career Switch To Be A Teacher ( 1 2 3)
22 Replies, 2,608 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
137 Replies, 40,662 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
246 Replies, 105,265 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,183 Replies, 2,582,347 Views
Jobless for a long long time ( 1 2 3... Last Page)
107 Replies, 4,534 Views
Need advice - local bank or bulge... ( 1 2)
15 Replies, 892 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
517 Replies, 293,801 Views
Roles in accenture singapore ( 1 2 3... Last Page)
2,100 Replies, 547,006 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,874 Replies, 625,336 Views
architecture graduate - go hdb or...
3 Replies, 1,413 Views
How much CPF do u have? ( 1 2 3... Last Page)
40 Replies, 19,904 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 12:17 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2