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But just like how teachers allow their students to rephrase themselves or try again... Do you perhaps refer to your performance grade? You voiced out to your RO and volunteered for more opportunities so that you can get a better grade? Or was it for some other salary component we're not aware of? :) |
Sounds like just a bunch of salty MOE teachers grieving of their miserable compensation. Quit the industry la if you have what it takes, if not then dun complain so much
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Went to check my Form 8E (which used to be sent to my email). Have been getting above $100K since 4th year in service (CONNECT PLAN year). Though my 5th year got less than my 4th, it was still above $100K
Male with FCH Consistently getting B (so about 16.5 months of salary per year with all bonuses included) GEO4 from the 4th year in service So it’s not impossible to be getting $100K at 30 years old given that the salary now is even higher than before. (I have already collected 3 CONNECT PLAN payouts) |
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did u mean that u collected 3 years accumulated (1st payout)? |
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To hit 100k without connect plan, assuming 16 month package (13th month, 1 month variable bonus, 2 months PB which is very generous, given that C grade is around 1.5 only), this will require a monthly pay of $6250.
Promotion increment is around 10% only. Annual increment is around 2-5%. Unless you are scholar, or somehow very stellar performance, can get Bs and As every year and promote like clockwork, and the economy performs well all the time, it is very unlikely for a guy to hit 100k by 30. At 30, the people who can start work the earliest are the NIE degree batch, who graduate at 25. They can clock 5 years of work experience. Those who need to go through pgde, can only commence work at 26, 27 (depending on how long they have to do contract teaching). At 30, they would only have 3-4 years of experience, barely completing their bonds. Those from poly backgrounds can add an additional year. Furthermore, excluding the salary revision last year, the annual merit increments and promotional increment, and also pb quantums, have been cut the previous 3 years between 2020-2022. Which means even if you can promote quickly, the increase in salary is lower than the pre-covid cohorts. Also, slowdown in promotion pace also means that salary growth is slower. All in all, 100k without connect plan by 30 for male is extremely unlikely, unless there are other salary components which are not disclosed |
Technically possible, but extremely unrealistic.
To hit 100k without connect plan, assuming 16 month package (13th month, 1 month variable bonus, 2 months PB which is very generous, given that C grade is around 1.5 only), this will require a monthly pay of $6250. Promotion increment is around 10% only. Annual increment is around 2-5%. Unless you are scholar, or somehow very stellar performance, can get Bs and As every year and promote like clockwork, and the economy performs well all the time, it is very unlikely for a guy to hit 100k by 30. At 30, the people who can start work the earliest are the NIE degree batch, who graduate at 25. They can clock 5 years of work experience. Those who need to go through pgde, can only commence work at 26, 27 (depending on how long they have to do contract teaching). At 30, they would only have 3-4 years of experience, barely completing their bonds. Those from poly backgrounds can add an additional year. Furthermore, excluding the salary revision last year, the annual merit increments and promotional increment, and also pb quantums, have been cut the previous 3 years between 2020-2022. Which means even if you can promote quickly, the increase in salary is lower than the pre-covid cohorts. Also, slowdown in promotion pace also means that salary growth is slower. All in all, 100k without connect plan by 30 for male is extremely unlikely, unless there are other salary components which are not disclosed |
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Anyone here has gone for MOE Postgraduate scholarship before? Are there restrictions on the masters which you can take? Thinking of applying for it. Not a scholar currently so will that affect my chances? (Male 32yr GEO 5 here)
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Not enough retirement income? Lol, please do the maths when it comes to just cpf savings please. And then add on the savings from take home income. That's more than enough to cover the needs of retirement. It's just that people are just dooming instead of admitting that they're bad with money. |
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