1 month - AWS
1.5 month - Corp Bonus
1.5 month - performance bonus

Oh damn, we are from the same company and same role! And you only started working slightly later than me only. I feel so sad that my RSU is less than half of yours...

Technically it is quite easy to track who you are as HR because there are not many people who joined at that time and haven't quit until to date, and many people RSU is only 1k or less during Jan 2020. Btw the head of engineering personally tracks everyone salary.

But I don't think anyone with power will visit this forum. Congratz to your early retirement!

Hi there, fresh grad here. Really comforting to see some realistic growth. Just curious, how are the different salary levels doing compared to living expenses (i.e. mortgage, car loan, groceries etc). Just wondering what threshold I should look towards to afford a decent lifestyle in this ridiculous time and age. Thank you :)

Around the 6 to 7 years of work at least

I graduated in 2017 from a local university.

So about 4 years of experience.

Currently earning S$4,900 with around 2 months bonus. (minimum 1 month, 2nd month depends on firm performance)

Expecting a promotion this year to cross the S5k mark.

Congrats! $5k at 4 YOE is pretty decent!! Are you satisfied with your progression?

Accenture? 4 years to reach sr analyst very slow actually

why do you reckon it's accenture may I ask pls

Because of the current pay and the after-promotion pay

Go grief elsewhere leh grab driver. ACN comfortably above 5k per month on TC basis with at most 2 years. OP didn’t even state sr analyst as well rofl.

You sure with at most 2 years can hit above 5k?

Starting pay 4.5k. Don’t know if doing grab spoilt your brain or what, but with 6k bonus already reach 5k TC in 1st year.

Consider taking off your grab helmet every once in awhile k :)

Is it the norm to factor in bonus etc into the pay? And what's your problem with grab drivers? Anyway here is my current pay now, dont need jjw so much straight away gpgt for you: imgur.com/gallery/12srLYq

You cannot comprehend the previous post you dk what is TC? Are you seriously trying to flex with that pathetic pay? LOL.

just ignore the guy. the exact same link has been posted multiple times in other threads (acn included). salty sia this chap, ew.

My salary increment is not as amazing as the sifus in here.

Diploma cert
2018 - $2,400
2019 - $2,500
2020 - $2,800 change job

Post part time degree
2021 - $3,950 change job

Very nice! We are all on our own journey and I'm happy to see you're upskilling yourself with a part time degree. Jiayou :)

Lawyer.

2018 Aug - Grad
2019 Jan - Started training contract @ 2k pm.
2019 Aug - 6k pm.
2020 Jan - 6.8k pm.
2020 Dec - Switched jobs. 14.5k pm.

2016: 2600 (accounting)
2016: 3400 (changed job to insurance - not an agent)
2017: 3560 (annual revision)
2018: 4170 (promotion)
2018: 4850 (changed job)
2019: 4996 (annual revision)
2019: 5200 (public sector)
2019: 5500 (pass probation)
2020: 5775 (annual revision)
2021: 5960 (annual revision)

That's a very huge jump, especially between the training contract and starting full time in 2019 August, followed by your most recent job switch. Do you mind sharing more info like what job you are doing and which company?

Congrats on making the jump from big4 to MC! Source: had almost identical progression but 2 years ahead

2018 - 4300 (hired Aug)
2019 - 4300 (1 month bonus) - no increment as joined 2nd half of 2018
2020 - 4900 (3 months bonus)
2021 - 5250 (5 months bonus)

Total a bit less than 3 years exp

Quite generous ah the bonus. Which industry/function?

That's the jump between TC and newly qualified associate. I worked in a Big 4 local law firm so the starting salary is quite standard at 5.5 to 6.

Like the previous poster said, the next jump was due me moving to a US-based law firm.

Equity research at top buy-side firm

2017 grad - 6100/mth
2018 - 6300
2019 - 9200 (promoted)
2020 - 9500
2021 - 9800

Grab driver - team zai zai

2017 - 25k per month
2018 - 25k per month
2019 - 25k per month
2020 - 3k per month averaged out due to covid
2021 - 15 per month before heightened alert

Fintech / crypto dev
Grad - 8k / month, 5 months bonus
2nd year - 13k / month, 4 months bonus
3rd year - 16k / month, 8 months bonus

now waiting to see what bonus is gonna be.

felt like a peasant reading these replies

Govt Sector/Civil Service

2016 - ~3.9k
2017 - ~4.3k (confirmation bonus plus pro-rated increment)
2018 - ~ 4.5k
2019 - ~ 5.2k (annual increment + pay adjustment across board)
2020 - ~ 5.7k (annual + promotion (330 only))
2021 - ~ 5.9k

Don't worry. A mix of self-selection bias and self-delusion will overstate the proportion of people who really do earn big bucks. As long as you do you, and know what your worth is, is good enough.

You are doing great. My female friends who were from JC started working 1 year earlier than me are earning 3-3.5k monthly currently. One of the girls, her fiancé is earning 6k per month as a marketing manager. He also gets a car from his company for his work. I believe my that friend already thinking about being a taitai in the future. She keeps talking about how she pressures her fiancé to buy their own car every time we met. I’m not sure how they will manage.

As long as you are on track for your retirement, manage your expectations, your life will be great.

Thx for sharing - really insightful! How many years have your female friends been working? And how about the fiance earning 6k/mth as a marketing manager.

The female friends started working back in 2017. I just went to stalk my friend’s fiancé on linkedin(😅) and he started working in 2015. I think he is quite amazing because he worked his way up with a private U degree.

All the lucky people joining shopee during 2016 :(. i rejected their offer for grab :( sadded

how does it work for the RSU? they give you RSU instead of bonus? 1 unit equals to 1 actual stock unit? meaning if i got 3k RSU, means i can sell them for 3000 * $278 = $834,000 now?

RSU = Restricted Stock Unit. Yes 1 unit = 1 actual stock unit, only exception is that the stock has no voting rights. There will be a vesting period which differs from company to company, but for Sea and Grab I believe are similar which is vested over 4 years. Meaning lets say the company offers you 3000 unit on 1 Jan 2020, you will get 1/4 of the stocks after 1 year (750 units) on 1 Jan 2021, subsequently every quarters you will get the remaining split equally.

As an existing employee of the company you can only buy / sell the company shares for a period after the company releases its quarterly report, so to prevent insider trading. But if you quit the company, you can sell the vested stocks any time you wanted.

For the example you gave, if you had 3000 units vested after 4 years, yes you can sell them at $278 USD * 1.32 SGD/USD * 3000 = $1,100,880 SGD. That is before you deduct broker fees.

RSUs is also independent of bonuses. Hope my explanation helps.

Oh damn why didn’t I join shopee...

Here's mine, graduated in 2010, I have a MSc from a local uni but sadly my pay progression is very depressing.

2010 to 2013: $2800 (yes no pay increment for first 3 years)
2013: $3500 (pay increment after I got my MSc.)
2014: $3640
2015: $3750 last drawn salary. Changed a new job and got low balled by HR and stupid me didn't try hard to nego. I got the same salary as my last drawn when I started at the new company fml.
2016: $4150 (salary adjustment)
2017: $4291
2018: $4435
2019: $4589
2020: $4761
2020: Hopefully I can get $5250 as my industry is due for salary adjustment this year.

I'm in my mid 30s and still not hit $5K. Its hard for me to change industry as what I'm doing is very niche.. Currently in healthcare industry, do not join as it is a high stressed job with poor remuneration as you can see from my yearly increment from 2015, plus we are not allowed any pay increment when we jump ship to other hospital.

Wnaf major and industry is this?

Medicine dispensing, aka pharmacist

Why stay for 3 years when there isnt pay increment?? And you didnt nego back at HR. Feels like you made alot of bad career decisions. Did your local uni not have any career guidance or help?