For those with 2-5 YOE, what is your salary? - Page 42 - 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




For those with 2-5 YOE, what is your salary?

Reply
 
Thread Tools
  #411 (permalink)  
Old 23-08-2021, 02:21 PM
Unregistered
Guest
 
Posts: n/a
Default

If a company doesn't have good earnings how to give good increment or bonuses? This leads to other issues getting a bto flat and getting married.

Reply With Quote
  #412 (permalink)  
Old 23-08-2021, 04:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Not true, always go for SMC, you get to learn more and have more flexibility. In MNC, you just sit there waiting for time to get promoted, if you are young not worth going down this dreaded path
Wow I agree.

SMCs are well established. Very good promotion structure. No OT at all. Just Google it, there's no one saying SMC suck and that they'll OT u like mad dog and low pay. Some even say the companies name.

YA smC so good Oh wait...

Reply With Quote
  #413 (permalink)  
Old 23-08-2021, 05:09 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Wow I agree.

SMCs are well established. Very good promotion structure. No OT at all. Just Google it, there's no one saying SMC suck and that they'll OT u like mad dog and low pay. Some even say the companies name.

YA smC so good Oh wait...




It really doesn't matter whether is an mnc or sme as long as you think you can grow there. What matters most is your employer must be highly profitable otherwise you will feel like leaving as the company is unable to look after your interest.

Reply With Quote
  #414 (permalink)  
Old 23-08-2021, 05:39 PM
Senior Member
 
Join Date: Jun 2021
Location: Singapore
Posts: 39
gurlInTech is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
It really doesn't matter whether is an mnc or sme as long as you think you can grow there. What matters most is your employer must be highly profitable otherwise you will feel like leaving as the company is unable to look after your interest.
Profitable company doesn’t mean they will compensate their employees accordingly. It really boils down to luck to meet a good boss bah. First thing first as a fresh grad you have to get that offer letter first before you can even decide whether to join a MNC or an SME.
Reply With Quote
  #415 (permalink)  
Old 23-08-2021, 05:41 PM
Unregistered
Guest
 
Posts: n/a
Default

Why is mnc or sme even an debate? Of course mnc unless you have no choice but to go sme lol
Reply With Quote
  #416 (permalink)  
Old 23-08-2021, 06:51 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Why is mnc or sme even an debate? Of course mnc unless you have no choice but to go sme lol
Not everyone wants a dull job just waiting for day in day out like in MNC, which is why people join start ups.
Reply With Quote

  #417 (permalink)  
Old 23-08-2021, 07:03 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Not everyone wants a dull job just waiting for day in day out like in MNC, which is why people join start ups.
Startups are not smes. Smes are those that have withstood the test and time and are still that - smes lol. Unicorn startups are comparable to mncs. Smes are just a no no.
Reply With Quote
  #418 (permalink)  
Old 23-08-2021, 08:09 PM
Unregistered
Guest
 
Posts: n/a
Default

Have been through SME, start-up and MNC before, just sharing my 2 cents.

TL;DR - Cliche answer, but it all boils down to what you want to build out of your career and also where you are in your life stage (note that this is age agnostic). Each type of company set up will offer you a different set of experience, environment, pay, career progression etc.

Following are from personal experience, I'm in the finance industry, so am speaking mostly from that angle

Start-up
- fast paced
- potentially better pay if you are a product/marketing/strategy/tech person, even if you are fresh grad
- more flexibility to voice your suggestions, or have some sort of input in company decision making, depending on how big/small your start-up is
- having financial backers (institutional players), means that your C-level people need to deliver results in a shorter time frame, that comes down to you directly, since it's all about "flat hierarchy" nowadays. this circles back to the fast-paced attribute. You may get roped in on meetings on weekends, or burn the midnight oil to firefight some issue that comes up at the other side of the world (if your start-up has overseas offices)
- you need to be flexible in your mindset, what was discussed today may be launched by a competitor tomorrow, essentially making some of your ideas obsolete
- ESOPs
- usually ppl elect to go for start-up if they are young, or they want a new career challenge. For the latter, it can be people from MNCs/SMEs who've had senior positions, but are looking to build companies from the ground up

SME (either local or foreign)
- I believe there are important differences between local and foreign SMEs, I have only been with the latter, so can only speak from that perspective
- decently size (maybe 50 - 100 employees), means there is some level of structure (legacy or new, it depends)
- you may have some level of input on company level decision making if you stay long enough, think 5 - 10 years
- ESOPs, maybe after staying a few years


MNCs
- currently with one now, but not gonna explain much as most folks here have a good handle on the pros and cons about MNCs here, a few things off the top of my head:
- structured, which can be a good or bad thing. Clear progression for some roles, while some are specialized
- good brand name (if your MNC is well-known), looks good on resume
- potentially better pay, if your skills/function is aligned with the MNC's strategic direction, or is important in maintaining day-to-day activities
- however, I don't think you get much opportunity to rotate between departments/verticals, as that is the nature of MNCs. Unless you're in a grad programme, then maybe. Even then, the 3 - 6 month rotation may not provide you with enough insight into the function as a whole, that's how big some MNCs are
- good bonus if you're front office (think 8 - 12 months if you're bringing in the meat, or if your team did a good deal), mid or back office, may get a share in the bonus if MNC does really well, otherwise from what I see, it ranges between 0.5 months to 3 months max.

Cheers
Reply With Quote
  #419 (permalink)  
Old 23-08-2021, 08:26 PM
Unregistered
Guest
 
Posts: n/a
Default

Jumped ship from a 'profit making' bank in sg to a loss making startup in sg. salary doubled and am v happy here. learning and doing more impactful stuff than being in the bank pushing paper and handling horrible customers


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #420 (permalink)  
Old 23-08-2021, 08:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Not everyone wants a dull job just waiting for day in day out like in MNC, which is why people join start ups.
really meh?

I tot sinkies don't care one, high pay good enuff alr u care whether u do real work or not for fuk? Ceca also don't do anything one at IBM or DBS.

Big or small company, u get paid can alr sia Simi lj dull job LOL don't step one hard worker la
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
Min Salary in Collective Agreement vs actual salary chenbaeki Income and Jobs 2 24-01-2017 07:50 AM
Expected salary compared to current salary sijia_lim Income and Jobs 12 25-07-2016 11:22 AM
MNC but low salary or "lousy" firm but higher salary? ally_spy Income and Jobs 7 11-02-2016 12:51 PM
Salary Progression depends on previous salary? askethan Income and Jobs 3 03-09-2011 10:23 AM

» 30 Recent Threads
Whats your net worth ( 1 2 3... Last Page)
2,891 Replies, 1,005,763 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
5,045 Replies, 1,668,657 Views
GovTech ( 1 2 3... Last Page)
1,475 Replies, 462,401 Views
CAD (Commercial Affairs Department) ( 1 2 3... Last Page)
203 Replies, 157,124 Views
Htx ( 1 2 3... Last Page)
58 Replies, 7,205 Views
How rich/poor am I compared to... ( 1 2 3... Last Page)
103 Replies, 91,276 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
762 Replies, 369,757 Views
Working Culture in IRAS ( 1 2 3... Last Page)
60 Replies, 99,701 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
190 Replies, 63,194 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,492 Replies, 2,754,228 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
2,142 Replies, 633,185 Views
Career as Teacher ( 1 2 3... Last Page)
4,322 Replies, 2,802,432 Views
High Finance Thread ( 1 2 3... Last Page)
440 Replies, 142,284 Views
Singtel Management Associate... ( 1 2 3... Last Page)
508 Replies, 186,788 Views
JP Morgan ( 1 2 3... Last Page)
113 Replies, 71,780 Views
Lawyer Salary ( 1 2 3... Last Page)
15,507 Replies, 5,325,125 Views
OCBC Bank
2 Replies, 146 Views
UOB Management Associate Program ( 1 2 3... Last Page)
627 Replies, 325,441 Views
ST Electronics ( 1 2 3... Last Page)
2,476 Replies, 687,506 Views
Compare civil service salary ( 1 2 3... Last Page)
13,296 Replies, 7,865,132 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
192 Replies, 74,102 Views
How is life as a doctor in... ( 1 2 3... Last Page)
3,446 Replies, 1,610,034 Views
If you can't find a company here... ( 1 2 3... Last Page)
49 Replies, 6,433 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
871 Replies, 267,385 Views
Mizuho Securities
0 Replies, 56 Views
Mizuho Financial Group
0 Replies, 51 Views
Jeppesen
0 Replies, 27 Views
Boeing
0 Replies, 34 Views
Vital Limited
0 Replies, 45 Views
PMO (Prime Minister's Office...
0 Replies, 105 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 03:32 AM.


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