Small companies that pay well?
As above.
Most people associate small companies with local SMEs that pay below average wages. Any exception to them? |
AIM top wages all the time
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Li lao bei company lor, can be COO fresh out of university
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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. |
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.
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HFT firms. They are mostly tiny (< 50 ppl) and pay very well.
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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. |
some small companies earn so much, they just keep all profits to themselves!
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If you look, SMEs are paying a little over 2000 for graduate roles.. how about big companies like Apple, DBS paying graduate 2700, 2800? Do the math! SMEs have little choice when it comes to choosing manpower, they do not have the money to hire top quality people. So, they resign to hiring 2nd grade or even complain to government to allow them to bring in vietnamese and indians or chinese. THEREFORE, if you want to work for SMEs then you must accept you are 2nd grade and compete with the foreign talents in the company! |
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