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SIM-UOL fresh grad starting pay

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  #1961 (permalink)  
Old 25-07-2016, 02:03 PM
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Market insights analyst in a well known consultancy. I don't think it's really that hard to get offers above 3k, it's all about how we interview & negotiate. I got another offer at 3550 with aws, but rejected it because didn't like the industry.
What kind of industry are we talking about here? Consumer market research and the likes of Nielsen, or finance?

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  #1962 (permalink)  
Old 25-07-2016, 06:18 PM
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Looks like most here doing much better than me, I only got a 2 year contract for $3130 with a high tech manufacturing firm. No variable bonus, only 2 mths completion bonus every year and $180 transport allowance.

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  #1963 (permalink)  
Old 25-07-2016, 11:07 PM
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Looks like most here doing much better than me, I only got a 2 year contract for $3130 with a high tech manufacturing firm. No variable bonus, only 2 mths completion bonus every year and $180 transport allowance.

That sucks.. How long have you been with the company? Try asking for pay raise after 3rd month..

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  #1964 (permalink)  
Old 26-07-2016, 09:47 PM
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That sucks.. How long have you been with the company? Try asking for pay raise after 3rd month..
I don't think can, it is specifically stated in my contract that salary will only be adjusted to $3350 after 1 year anniversary subject to satisfactory performance.
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  #1965 (permalink)  
Old 27-07-2016, 03:22 PM
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Got a dilemma here - 2 offers came in same time and need to reply by end of this week.

One is from a GLC property developer, basic 3.3k but HR claims bonus on average 6 months for normal performer. The other one from insurance MNC basic 3.7k but apparently bonus only 3 months on average.

Which industry got better prospect? Money wise I prefer more basic, but the total package from the GLC is actually more if add up...

TIA!
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  #1966 (permalink)  
Old 27-07-2016, 06:53 PM
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Got a dilemma here - 2 offers came in same time and need to reply by end of this week.

One is from a GLC property developer, basic 3.3k but HR claims bonus on average 6 months for normal performer. The other one from insurance MNC basic 3.7k but apparently bonus only 3 months on average.

Which industry got better prospect? Money wise I prefer more basic, but the total package from the GLC is actually more if add up...

TIA!
Actually both offers have good bonus. Which offer are you more keen? Dont decide solely on the salary.
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  #1967 (permalink)  
Old 27-07-2016, 10:30 PM
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Actually both offers have good bonus. Which offer are you more keen? Dont decide solely on the salary.
I am more keen to go with the GLC cauz I think can work better with the boss and work less need to talk/present (I am introvert). Some friends are telling me to go for the MNC cauz it is not easy for a SIM fresh grad to get into MNC and higher basic is more important so they say should make us of the opp to build up CV.
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  #1968 (permalink)  
Old 28-07-2016, 06:41 AM
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I am more keen to go with the GLC cauz I think can work better with the boss and work less need to talk/present (I am introvert). Some friends are telling me to go for the MNC cauz it is not easy for a SIM fresh grad to get into MNC and higher basic is more important so they say should make us of the opp to build up CV.
I am the poster that replied to you. Noted your point. Just want to share my point of view. I am introverted as well so I understand exactly how you feel. But I guess there will still be some sharing or presenting regardless of where you work. And I think they are useful skills regardless of your role (even outside work). Putting salary aside, I will probably take the MNC offer just based on what you have mentioned. Your friends are not wrong to say that it's not easy for SIM fresh grad to get into MNC. For me the brand reputation of the company matters as well. So it does make a difference. So if it's a top MNC in the industry, I will take it over the GLC. I graduated from SIM 4 years ago and was fortunate to join a MNC after close to 3 years of experience. The learning experience and exposure are very different. I think it will be a good start for you and subsequently value add to your credentials as well. However, end of the day it's your decision, I am solely sharing my take on this.
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  #1969 (permalink)  
Old 28-07-2016, 09:44 PM
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I am more keen to go with the GLC cauz I think can work better with the boss and work less need to talk/present (I am introvert). Some friends are telling me to go for the MNC cauz it is not easy for a SIM fresh grad to get into MNC and higher basic is more important so they say should make us of the opp to build up CV.
Agree with above poster. 3.7k is quite good for a pte uni fresh grad and mncs offer better exposure & more progressive culture. Sg is a brand concious place, a branded mnc resume can easily get into a glc as you will be like a 'elite' to them whereas it is very hard for glc to move mnc the other way. When young its good to keep options open.
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  #1970 (permalink)  
Old 11-08-2016, 01:55 PM
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Some great points made above regarding opportunities and salary expectations. People on the forum can have their own opinions on how valuable the SIM-UOL degree is - ultimately, it is the market that decides. Forcing your opinions and putting others down in this forum isn't going to change the reality you will face when looking for a job.

Better to be humble and take advice of SIM alumni who have paved the way and show that it is possible to make it with a lot of hard work (and some luck).

Does anyone know what SIM-UOL grads end up doing after graduation? I'm in my final year of SIM and would like to get into consulting. Would be great if you can let me know my chances of getting a first round interview. Any suggestions of target companies will also be appreciated.

Thanks.


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