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29-11-2011, 02:53 PM
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Senior Member
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Join Date: Jul 2011
Posts: 77
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Any success stories of people switching from Government jobs to Private Sector?
Seems that many people I spoke to in the private sector don't have a good impression of people from government jobs and have the perception that these people are slow. The worse I heard are army officer regulars being shunned at interviews, especially with how the rest of the male population perceives of the SAF.
Most who do desire to switch careers often have to take pay cuts or rebrand themselves like going for a Masters.
Any comments?
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29-11-2011, 10:05 PM
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air force technician. completed bachelor of business and masters of science in 7 years air force. made 36k pa in air force. now make 110k pa in US MNC after 3 years. =)
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01-12-2011, 04:04 PM
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Guards regular. Poly cert. Left after 6 yrs of service and joined the banking industry as sales. Make around $35K when inside. Earned that amount in 6 months when i joined the bank. After a year its about $70K. Can be more depending how hard you choose to chiong.
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01-12-2011, 06:03 PM
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Captain in armor, left at 4.8k to join private equity. After 5 years now 16k+ / month not including bonus.
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01-12-2011, 06:27 PM
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Super Member
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Join Date: Oct 2011
Posts: 309
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Quote:
Originally Posted by Unregistered
Captain in armor, left at 4.8k to join private equity. After 5 years now 16k+ / month not including bonus.
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just to check with you
you got wat class of honours?
what is your starting pay when you fresh grad from university?
how long did you sign on?
can tell how much is the annual increment while you are a CPT in SAF
any info on how much increment when promote from
CPT(1) to CPT(2)
CPT(2) to MAJ(1)
i am just curious to know
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06-12-2011, 12:27 AM
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Quote:
Originally Posted by Bean
just to check with you
you got wat class of honours?
what is your starting pay when you fresh grad from university?
how long did you sign on?
can tell how much is the annual increment while you are a CPT in SAF
any info on how much increment when promote from
CPT(1) to CPT(2)
CPT(2) to MAJ(1)
i am just curious to know
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And the more pertinent question is how the heck you managed to get into PE from a non related line like the army, when cpt ranks are a dime a dozen nowadays ...
when ppl from more directly related IB and treasury functions with Harvard or Oxbridge first class honours are struggling without success to get in...
must be thru connections right ?
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06-12-2011, 05:38 AM
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So what if through connections? Ask so much means you don't have. Don't waste time la. can make it can make it, cannot make it cannot make it. hahaha
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06-12-2011, 08:48 AM
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Quote:
Originally Posted by Unregistered
So what if through connections? Ask so much means you don't have. Don't waste time la. can make it can make it, cannot make it cannot make it. hahaha
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Actually no.
I'm in BB IB, making a similar amount pre bonus at VP lvl, but lifestyle sucks and career lifespan isn't fantastic. In the past, where bonus was a year or more, I can see half a million or so, but this year, with so much pressure on bonuses (this yr, any bonus at all would be a pleasant surprise), and with a couple of rounds of retrenchment already, am wondering if its worth the grind.
Have been trying to get into PE for some time (slightly better lifestyle, similar money but much more fulfilling work), but have found it tough without the appropriate connections. Most of the people I know have either gone in direct post MBA or as a fresh grad or via connections.
This is the first time I've ever heard of a mid career entry via the military (Especially as a rank and file cpt - if a LTC by 30 or BG by 35, ok, then I see maybe they are hiring as an exceptional talent), and was wondering if there is an additional angle which I have missed and I can try.
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06-12-2011, 01:27 PM
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Quote:
Originally Posted by Unregistered
air force technician. completed bachelor of business and masters of science in 7 years air force. made 36k pa in air force. now make 110k pa in US MNC after 3 years. =)
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Quote:
Originally Posted by Unregistered
Guards regular. Poly cert. Left after 6 yrs of service and joined the banking industry as sales. Make around $35K when inside. Earned that amount in 6 months when i joined the bank. After a year its about $70K. Can be more depending how hard you choose to chiong.
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Quote:
Originally Posted by Unregistered
Captain in armor, left at 4.8k to join private equity. After 5 years now 16k+ / month not including bonus.
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all 3 posted by the same person?
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06-12-2011, 01:43 PM
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Quote:
Originally Posted by Unregistered
all 3 posted by the same person?
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Probably a "cannot make it" ex-army regular who is now a part-time taxi driver and toilet cleaner... Projecting his fantasy in the forum Such a loser....
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