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-   -   Small companies that pay well? (https://forums.salary.sg/income-jobs/3167-small-companies-pay-well.html)

oldbird 02-10-2013 10:14 AM

Small companies that pay well?
 
As above.

Most people associate small companies with local SMEs that pay below average wages.

Any exception to them?

Unregistered 02-10-2013 10:52 AM

AIM top wages all the time

Unregistered 03-10-2013 11:50 PM

Li lao bei company lor, can be COO fresh out of university

Unregistered 06-10-2013 04:51 PM

Almost none. In fact in Sg, SMEs make profit because they make full use of the 3rd world labour salary and charge 1st world prices for things. They're not even running a business. It's more they're running an organisation to exploit people. That's why in Sg, you can see mediocre people succeeding as business owners (as long as they have rich parents to fund them) and they earn more than they would ever earn for someone of their calibre.

There's no shortage of labour like they're claiming. What they mean is there's a shortage of labour willing to accept 3rd world salaries.

Unregistered 06-10-2013 05:47 PM

charles n keith group seems to be the most popular sme coy for fresh grads, i wonder why....heard their management trainee prog only pays $2K thereabouts.

Unregistered 06-10-2013 07:29 PM

HFT firms. They are mostly tiny (< 50 ppl) and pay very well.

Unregistered 06-10-2013 11:34 PM

How do you expect small companies to pay well?

They have smaller revenue, means smaller R&D fund-> slower innovation -> less competitive -> comparatively poorer performance -> comparatively poorer revenue -> lower increment in salary -> lower pay.

Unregistered 07-10-2013 12:01 AM

some small companies earn so much, they just keep all profits to themselves!

Unregistered 07-10-2013 07:42 PM

Quote:

Originally Posted by Unregistered (Post 43477)
some small companies earn so much, they just keep all profits to themselves!

Plenty of SME bosses driving european cars and living on landed property. They achieve this by underpaying their staff. When they can't find cheap labour anymore, they say they can't find workers! Singapore's unemployment is equivalent to around 60,000 people jobless!

Unregistered 07-10-2013 10:20 PM

Quote:

Originally Posted by Unregistered (Post 43477)
some small companies earn so much, they just keep all profits to themselves!

and whats the problem? they didnt point a gun at you and ask you to join them.


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