pay for gov/public sector vs mnc vs sme
 

All this time I thought private companies are offering higher pay compared to gov/public sector, however after working in a SME for 3 years and asking around, I begin to wonder how true that is.

Can anyone shed some light? After 3 years in my job, my pay is still lower than some uniformed group starting pay. If gov sector can provide 10% increment every year, it will still outgrow being in a private sector unless one can climb very fast.

Am I right?

The earning curve is different b/w gov & pte sector lar. Rule of thumb, if you are mediocre, join gov, if you think you have what it takes to be a high flier, go pte.

For farmers gov usually pay higher from start to mid 30s, after that pte will catch up. For high fliers by age 40, pte can pay 3-4x gov pay. The super max a gov farmer can go by retirement is MX9 ~15k, roughly equal to a mid-low level mgr pay in MNC.

15k is a lot more than what people are earning in private sector!
Not to mention now that private sector having a lot of FT as competition.
High fliers, how many can become senior management in a company? Hmm

if gov provides 10% increment yearly it outgrows private sector

That's why I say earlier if you think you are average calibre, better to join gov since got stability and start pay is good.

In a big MNC 15k is roughly a regional function manager for a few countries, quite low on the ladder. Also note that I am comparing high flier pte vs gov sector. In real life most farmers will maximum only hit low end of MX10 ~9k

What about SME? Cause I believe that not everyone can reach that kind of level in MNC. That kind of position I believe usually goes to expats.

i think it all depend on which industry you hail from?

Maybe some high flying overseas scholars can get that amount consistently year-after-year, which is a minor elite group. Don't think average government workers can get that amount of merit increment consistently (i.e.good + bad years).

According to the latest post of this website, an above-average COO / GM at 75 percentile made $15K. According to your definition, a COO is a low level manager. Never mind if there is only 1 COO per private company and there are usually several MX9 in any single government agency. So, where do you think you'll stand a higher chance to get into that level?

How many people can actually hit 10k in their working life?
With the employment outlook so horrible, low wages, would people dare to job hop?