Salary Increment Rate

I am an overseas grad. No honors. Managed to get an entry level job at a foreign bank. Starting was 4.7k. One year later, got promoted due to exceptional performance and got 6k. Have worked for 1 year and 3 months in total now. Work hard and save hard. Like what the previous poster said: invest ur money wisely. As a salaryman, there is a limit to how much we can earn.

Originally Posted by Unregistered

hello I am into my 7yr 3mth job with only 75000/year, age 34, ntu 2.2 with NS

like that am i in deep sh1t?

Hi, i am around the same as you into 7 yrs 6mths, same age 34 not married with degree and NS but only earn slightly less than 50k/year worst than you....

i think i am really seriously in deep shlt lao...for my case should i really need to jump ship? this year i only have 2% increment with 2.5 bonus and no promotion...If keep on like this, how to marry and have children...? Any advise for me, expertises?

Originally Posted by Unregistered

Hi, i am around the same as you into 7 yrs 6mths, same age 34 not married with degree and NS but only earn slightly less than 50k/year worst than you....

i think i am really seriously in deep shlt lao...for my case should i really need to jump ship? this year i only have 2% increment with 2.5 bonus and no promotion...If keep on like this, how to marry and have children...? Any advise for me, expertises?

Economy is very bad now, better to have a job then unemployed. 50k ain't that bad if you know how to manage your expenses. Lots of diploma/ITE ppl earn less than this and they still get by.

Originally Posted by Unregistered

Economy is very bad now, better to have a job then unemployed. 50k ain't that bad if you know how to manage your expenses. Lots of diploma/ITE ppl earn less than this and they still get by.

Yeah, this is how i used to comfort myself in the past using the bad economy as an exmple but this is totally ********. In fact, opportunities usually come during the timing when economy is bad. I will advise him to keep very closely lookout for any outside opportunities and jump over it and not wait and wait. If he is unable to promote and getting any good raise based on his 50k from the past few years where the economy is good, what makes him get even better if he still stay on to this coy? One more things, you have mentioned that lots of diploma/ITE ppl earn less than this which is not totally true. I know quite alot of them earn even more than that and somemore he is a degree holder which you should compare someone with the same degree and not comparing apple with an orange. Totally different.

Bec ppl like you keep telling others to be contented. No wonder ppl dun improve themselves which also partly contributed to this bad economy now... That's why gov keep pushing ppl to upgrade themselves.

Originally Posted by Unregistered

Yeah, this is how i used to comfort myself in the past using the bad economy as an exmple but this is totally ********. In fact, opportunities usually come during the timing when economy is bad. I will advise him to keep very closely lookout for any outside opportunities and jump over it and not wait and wait. If he is unable to promote and getting any good raise based on his 50k from the past few years where the economy is good, what makes him get even better if he still stay on to this coy? One more things, you have mentioned that lots of diploma/ITE ppl earn less than this which is not totally true. I know quite alot of them earn even more than that and somemore he is a degree holder which you should compare someone with the same degree and not comparing apple with an orange. Totally different.

Bec ppl like you keep telling others to be contented. No wonder ppl dun improve themselves which also partly contributed to this bad economy now... That's why gov keep pushing ppl to upgrade themselves.

There will always be people earning more, I’m not quite sure why you are so intend to prove there are poly grads making above 50k. I assume everyone already knows that.

So what would be your advice other than generic cheerleading? You don’t seem to offer anything besides a baseless claim that better opportunities are available when the economy is bad and for poster to keep a lookout.

Just got my bonus letter. Sianz.. absolute amount is 3% less than my previous year's which is less my annual increment of a pathetic 3%...

Just have to be grateful about the bonus I guess...

Originally Posted by Unregistered

Just got my bonus letter. Sianz.. absolute amount is 3% less than my previous year's which is less my annual increment of a pathetic 3%...

Just have to be grateful about the bonus I guess...

How much did you get? What industry?

Originally Posted by Unregistered

Just got my bonus letter. Sianz.. absolute amount is 3% less than my previous year's which is less my annual increment of a pathetic 3%...

Just have to be grateful about the bonus I guess...

Wow just join civil service. A lot better than ur job.

Originally Posted by Unregistered

Wow just join civil service. A lot better than ur job.

Of course I would love a nice CS job. Good basic pay that the pte sector benchmarks to, decent bonus, good increment........ sighs.

Small-Mid European bank here... 4 years since grad. Yearly increment 1-4% and bonus ~ 1 month. My group of friends in other banks not doing well too.

Emo