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SIM-UOL fresh grad starting pay

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  #1241 (permalink)  
Old 02-10-2015, 11:55 AM
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wait, bro.

your basic salary is $7,875 per month and your cpf contribution is $1,000???? how does that exactly work, because employee cpf contribution rate should be 20% (i'm assuming you're 50 years old and below)

please enlighten me, i'm not too familiar with the cpf thingy.
google urself lah. so lazy, no wonder u never make enough to realise that difference



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  #1242 (permalink)  
Old 02-10-2015, 01:20 PM
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google urself lah. so lazy, no wonder u never make enough to realise that difference
you stupid or what. 20% means 20% la, google for what

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  #1243 (permalink)  
Old 02-10-2015, 01:38 PM
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you stupid or what. 20% means 20% la, google for what
Lol, you just proved that you are still too far away from $5k pm to know better. Anyway the bar has been raised to $6k from next year.

Stay off the forums and pay more attention to work if you hope to get to this first milestone!

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  #1244 (permalink)  
Old 02-10-2015, 01:42 PM
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cpf contributions are always capped at the 5k limit. 20% of 5k is 1k. if you've never hit this limit, you probably are unaware of it. btw, this limit will be raised to 6k in jan 2016.

cpf on bonuses are also similarly capped, using a simple formula:
(Additional Wage Ceiling) - (Total Ordinary Wages)

where (Additional Wage Ceiling) is currently 85k, which will be raised to $102k in jan 2016.
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  #1245 (permalink)  
Old 02-10-2015, 04:36 PM
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you stupid or what. 20% means 20% la, google for what
oops, someone earning below 5k spotted. only those who have exceeded 5k will know about this cap
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  #1246 (permalink)  
Old 02-10-2015, 06:40 PM
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earning $2.7k...
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  #1247 (permalink)  
Old 02-10-2015, 07:07 PM
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thats the way ppl, keep it to solely constructive debate/discussions, don't have to bash or belittle others just to satisfy your own esteem and ego, although this is a dog eat dog world, there is always room for a little compassion and empathy

-just an average joe trying to make our homeland a better place
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  #1248 (permalink)  
Old 02-10-2015, 07:45 PM
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oops, someone earning below 5k spotted. only those who have exceeded 5k will know about this cap
Interesting. Didn't know about this!
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  #1249 (permalink)  
Old 03-10-2015, 12:13 PM
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pls refrain from using the word "graduate" and "degree" if you are from SIM.

there's no such thing as a private degree. its private because you bought it?

in Singapore, all universities are publicly funded. FACT.
HUGE ego! Don't look down on people leh, unless you're earninh 10k a month. Are you?
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  #1250 (permalink)  
Old 03-10-2015, 03:22 PM
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HUGE ego! Don't look down on people leh, unless you're earninh 10k a month. Are you?
You know what he would reply? Oh yes I'm earning 10k a month(behind your back he will be recycling his 10k).Then you know what a SIM student will say? SIM is still better even though he will be earning 2.5k.Both of them are idiots including me for commenting rubbish lol Thank you for wasting your time reading this post btw I'm neither local nor private.
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