Salary/Prospect after 7 years?

[WorriedFreshGrad]

Dear seniors and working professionals,

I am a local graduating student from a local uni and would like to enquire on career prospects after 7 years. Why 7 years? From what i observe, 7 years is the period where realistically most professions will have their salary/growth stagnated. For examples, most engineers might become senior engineers commanding a pay of $6-7k while most bank executives might get stucked at the 'AVP' title.

I would like to join the civil service/GLC but the thought of having a salary cap($6-7k after 7 years) is really depressing. I would like know if one can actually venture further in the private sector or still get realistically stucked and capped somewhere. (assuming average performer as an executive/engineer).

How much do you see yourself getting after 7 years in employment and what is your job description?

Any input is much appreciated.

Originally Posted by WorriedFreshGrad

Dear seniors and working professionals,

I am a local graduating student from a local uni and would like to enquire on career prospects after 7 years. Why 7 years? From what i observe, 7 years is the period where realistically most professions will have their salary/growth stagnated. For examples, most engineers might become senior engineers commanding a pay of $6-7k while most bank executives might get stucked at the 'AVP' title.

I would like to join the civil service/GLC but the thought of having a salary cap($6-7k after 7 years) is really depressing. I would like know if one can actually venture further in the private sector or still get realistically stucked and capped somewhere. (assuming average performer as an executive/engineer).

How much do you see yourself getting after 7 years in employment and what is your job description?

Any input is much appreciated.

GLC like SIA/STeng the increment sux deep deep...assume your starting pay is 3-3.2k, after 7 years with 2 promotions for average performer "C", your salary is 4.1-4.4k.

GLC provide stable job

Originally Posted by Unregistered

GLC like SIA/STeng the increment sux deep deep...assume your starting pay is 3-3.2k, after 7 years with 2 promotions for average performer "C", your salary is 4.1-4.4k.

GLC provide stable job

how sure are you that the increment sucks for SIA?

7 years should be VP in a bank, about 12-15k for FO 9-10k for BO.

Originally Posted by Unregistered

how sure are you that the increment sucks for SIA?

been working in there b4, annual increment is ~$150

[cslee]

Originally Posted by WorriedFreshGrad

Why 7 years? From what i observe, 7 years is the period where realistically most professions will have their salary/growth stagnated.

Huh? 7 years = stagnate? It's just about time when I just started gaining mastery & peer recognition in my field of profession i.e. career just started off

Originally Posted by Unregistered

been working in there b4, annual increment is ~$150

Is there a difference in the starting pay between SIA and STeng?

Go to craps places like siaec or ste might as well go to civil service. Most ppl take more than 10 years to reach 5k.

Originally Posted by cslee

Huh? 7 years = stagnate? It's just about time when I just started gaining mastery & peer recognition in my field of profession i.e. career just started off

most civil service job get stucked around there.

Originally Posted by Unregistered

Go to craps places like siaec or ste might as well go to civil service. Most ppl take more than 10 years to reach 5k.

totally agree...!!!