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Salary/Prospect after 7 years?

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Old 18-09-2012, 02:50 PM
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Smile Salary/Prospect after 7 years?

Dear seniors and working professionals,

I am a local graduating student from a local uni and would like to enquire on career prospects after 7 years. Why 7 years? From what i observe, 7 years is the period where realistically most professions will have their salary/growth stagnated. For examples, most engineers might become senior engineers commanding a pay of $6-7k while most bank executives might get stucked at the 'AVP' title.

I would like to join the civil service/GLC but the thought of having a salary cap($6-7k after 7 years) is really depressing. I would like know if one can actually venture further in the private sector or still get realistically stucked and capped somewhere. (assuming average performer as an executive/engineer).

How much do you see yourself getting after 7 years in employment and what is your job description?

Any input is much appreciated.

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Old 18-09-2012, 04:08 PM
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Originally Posted by WorriedFreshGrad View Post
Dear seniors and working professionals,

I am a local graduating student from a local uni and would like to enquire on career prospects after 7 years. Why 7 years? From what i observe, 7 years is the period where realistically most professions will have their salary/growth stagnated. For examples, most engineers might become senior engineers commanding a pay of $6-7k while most bank executives might get stucked at the 'AVP' title.

I would like to join the civil service/GLC but the thought of having a salary cap($6-7k after 7 years) is really depressing. I would like know if one can actually venture further in the private sector or still get realistically stucked and capped somewhere. (assuming average performer as an executive/engineer).

How much do you see yourself getting after 7 years in employment and what is your job description?

Any input is much appreciated.
GLC like SIA/STeng the increment sux deep deep...assume your starting pay is 3-3.2k, after 7 years with 2 promotions for average performer "C", your salary is 4.1-4.4k.

GLC provide stable job

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Old 18-09-2012, 07:22 PM
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GLC like SIA/STeng the increment sux deep deep...assume your starting pay is 3-3.2k, after 7 years with 2 promotions for average performer "C", your salary is 4.1-4.4k.

GLC provide stable job
how sure are you that the increment sucks for SIA?

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Old 18-09-2012, 08:28 PM
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7 years should be VP in a bank, about 12-15k for FO 9-10k for BO.
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Old 18-09-2012, 09:26 PM
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how sure are you that the increment sucks for SIA?
been working in there b4, annual increment is ~$150
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Old 18-09-2012, 10:46 PM
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Originally Posted by WorriedFreshGrad View Post
Why 7 years? From what i observe, 7 years is the period where realistically most professions will have their salary/growth stagnated.
Huh? 7 years = stagnate? It's just about time when I just started gaining mastery & peer recognition in my field of profession i.e. career just started off
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Old 19-09-2012, 08:42 AM
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been working in there b4, annual increment is ~$150
Is there a difference in the starting pay between SIA and STeng?
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Old 19-09-2012, 09:06 AM
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Go to craps places like siaec or ste might as well go to civil service. Most ppl take more than 10 years to reach 5k.
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Old 19-09-2012, 09:19 AM
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Huh? 7 years = stagnate? It's just about time when I just started gaining mastery & peer recognition in my field of profession i.e. career just started off
most civil service job get stucked around there.
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Old 19-09-2012, 01:34 PM
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Go to craps places like siaec or ste might as well go to civil service. Most ppl take more than 10 years to reach 5k.
totally agree...!!!
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