are visitors of Salary.sg mostly affluent people?

Originally Posted by Unregistered

Not really true for all cases. Sometimes one has to accpet that we are not equal, some people are really smarter while others dumber when it comes to work. Even if 2 persons have same priorities on money and leisure & put in exact same effort at work, there will still be big differences in money because of inert differenece in capability.

Sometimes, it's just luck.

Originally Posted by Unregistered

Not really true for all cases. Sometimes one has to accpet that we are not equal, some people are really smarter while others dumber when it comes to work. Even if 2 persons have same priorities on money and leisure & put in exact same effort at work, there will still be big differences in money because of inert differenece in capability.

Yep, I reluctantly agree here.

There are some high flyers I have come across where I think, if I put in 2x the hours, I can be just as good.

However, there are others which make me think, you know, he's just better. Even if I put in the hours, I don't think I can get there.

But you know what, that's life.

the moment you accept that you are lousier than someone else, that is when you really are.

that's what I always tell my youngest brother.

Originally Posted by Unregistered

Yep, I reluctantly agree here.

There are some high flyers I have come across where I think, if I put in 2x the hours, I can be just as good.

However, there are others which make me think, you know, he's just better. Even if I put in the hours, I don't think I can get there.

But you know what, that's life.

Originally Posted by Unregistered

the moment you accept that you are lousier than someone else, that is when you really are.

that's what I always tell my youngest brother.

Experience has taught me that there is an important difference between confidence and blind confidence.

Net net, what you want is for your little brother to have a never say die mindset, and keep pushing no matter the odds, so having that belief that you are the best is fine.

But its important to know that its a mindset and is no way a representation of reality. To be able to optimally meet the challenges of the complex world we live in requires a more nuanced approach, and not just a blind heads down bash thru the brick wall approach. And such nuanced approach requires an appreciation of the realities in life as they are, accept them, and ability to adapt your strategies to counter such realities.

For instance, if usain bolt challenged me to a 100m race, and gave me all the time in the world to train up, I still don't think its prudent to take on the challenge. Then my strategy will be to see if I can recruit him to run for me instead of against me, or recruit tyson gay to run for me against bolt.

Originally Posted by Unregistered

Experience has taught me that there is an important difference between confidence and blind confidence.

Net net, what you want is for your little brother to have a never say die mindset, and keep pushing no matter the odds, so having that belief that you are the best is fine.

But its important to know that its a mindset and is no way a representation of reality. To be able to optimally meet the challenges of the complex world we live in requires a more nuanced approach, and not just a blind heads down bash thru the brick wall approach. And such nuanced approach requires an appreciation of the realities in life as they are, accept them, and ability to adapt your strategies to counter such realities.

For instance, if usain bolt challenged me to a 100m race, and gave me all the time in the world to train up, I still don't think its prudent to take on the challenge. Then my strategy will be to see if I can recruit him to run for me instead of against me, or recruit tyson gay to run for me against bolt.

True. It is far more important to know what are your strengths & weakness as well as your priorities. What you want to do is adopt strategies that play on your strength and wont be affected by your weakness. While having a positive and confident mindset is good, it can only do so much.

A “I am the best and can overcome any challenges” attitude can be destructive and result in wasted time on goals that have no realistic chance of achieving.

I think most of the disclosure on salary should be quite true. I'm 28 in procurement function earning 6K without bonus. Bonus ranges from 1-3 months depending on performance. If switch a job, should be able to hit 7-8K by 30 years old?

[Bean]

Originally Posted by Unregistered

I think most of the disclosure on salary should be quite true. I'm 28 in procurement function earning 6K without bonus. Bonus ranges from 1-3 months depending on performance. If switch a job, should be able to hit 7-8K by 30 years old?

are you a female or male

when you grad?
how many years of exp since grad

your are only 28 and getting 6k???

I am 27, female, graduated from a local uni in 2008
Currently a trader. One month ago, having worked for slightly over 3 years, i was getting a basic monthly salary of 4.8k. Including bonus/aws, my annual would be 125k (bonuses are not always that good) Starting pay was 3k

I have just changed jobs, with the new company offering me an annual basic salary of 100k. (excluding bonuses)

In fact, my starting pay of 3.4k was considered average among my peers. Many of my peers were receiving between 3.8k and 5k as their starting salary. Not sure about now, but in 2008, Standard Chartered Bank paid fresh grads 3.8k, JP Morgan paid 4.8k, Accenture paid 4k, while companies such as Barclays paid fresh grads up to 8k+.

Originally Posted by Unregistered

I think most of the disclosure on salary should be quite true. I'm 28 in procurement function earning 6K without bonus. Bonus ranges from 1-3 months depending on performance. If switch a job, should be able to hit 7-8K by 30 years old?

I hit that amount at 29. it was disheartening because most my peers passed 8k a year or 2 before me.

Taught me a lesson that I wasn't that good after all. very humbling.

[miwashi]

How do you all get so much? I'm 35 and getting less than $5000. Makes me wonder why I studied so hard to get into one of those courses with more stringent cut-off points and now end up lagging behind others in terms of pay and career advancement.