How have you done compared with the rest of your class ? - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




How have you done compared with the rest of your class ?

 Citibank Cash Back Card - up to $350 cash back* - Click to Apply Now 
Reply
 
Thread Tools
  #1 (permalink)  
Old 28-06-2014, 06:19 PM
Millionaire Member
 
Join Date: Sep 2011
Posts: 275
Hermit is on a distinguished road
Default How have you done compared with the rest of your class ?

I recently got re-connected online and on Whatsapp with my JC classmates. A lot of them seem to be still in MNCs and GLCs. One or two went into business. A couple of the girls are home makers. I would guess most of them are in the $150k-$250k, looking at their titles. I think only 1 did not make it to university, but still doing well in his company.



SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #2 (permalink)  
Old 28-06-2014, 07:23 PM
Unregistered
Guest
 
Posts: n/a
Default

What was your background?

Reply With Quote
  #3 (permalink)  
Old 29-06-2014, 05:49 PM
Millionaire Member
 
Join Date: Sep 2011
Posts: 275
Hermit is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
What was your background?
Information Tech / Computer Science

Reply With Quote
  #4 (permalink)  
Old 29-06-2014, 07:29 PM
Unregistered
Guest
 
Posts: n/a
Default

I think in any cohort, there will be a bell curve distribution in terms of income. For Uni graduates, the bulk of them will end up upper middle income earners by the time they hit mid 40s to mid 50s. By that, I mean their income will range from $150k to $250k pa. There will be a few high flyers - both in corporate world and CS. Corporate big wigs like Singtel CEO reportedly earned $4.7m for last FY. Those high flyers in CS and military service aren't earning small change either. At 41, they are already 2 star generals earning more than $500k pa?

For my case, our re-union started off enthusiastically in the initial years. The interest tapered off eventually and only the more successful ones attend nowadays. I mean who would want to be reminded that they were not doing well in life at such gatherings, some more at such advanced age.

Although I think I didn't do too badly (at $250k pa), I also don't attend the reunion regularly as I find my closer friends not attending anymore.

Quote:
Originally Posted by Hermit View Post
I recently got re-connected online and on Whatsapp with my JC classmates. A lot of them seem to be still in MNCs and GLCs. One or two went into business. A couple of the girls are home makers. I would guess most of them are in the $150k-$250k, looking at their titles. I think only 1 did not make it to university, but still doing well in his company.


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #5 (permalink)  
Old 30-06-2014, 10:45 AM
Junior Member
 
Join Date: Jun 2014
Posts: 6
mchan is on a distinguished road
Default

I attended a few gatherings but later got too busy. Most of my classmates are doing so so. I think it is hard to tell because maybe the really successful ones are not there either.
Reply With Quote
  #6 (permalink)  
Old 30-06-2014, 02:24 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Hermit View Post
I recently got re-connected online and on Whatsapp with my JC classmates. A lot of them seem to be still in MNCs and GLCs. One or two went into business. A couple of the girls are home makers. I would guess most of them are in the $150k-$250k, looking at their titles. I think only 1 did not make it to university, but still doing well in his company.
47 years old male. I think I did better than most of my classmates. But I am not the top 3 earners.

Attending a reunion 2 years ago. Yes, only the more successful ones attended. And a few not so successful ones but were there to network and hope to find some lobangs through old friends.

The classmate who hosted the reunion was a specialist surgeon. Every can tell he just wanted to show off his house and his wealth. It was very interesting to watch everyone posturing subtly and not so subtly.
Reply With Quote

  #7 (permalink)  
Old 02-07-2014, 02:17 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Those high flyers in CS and military service aren't earning small change either. At 41, they are already 2 star generals earning more than $500k pa?
Quite a sweeping statement. It depends on what pay scale you're under. A brigadier general not under the AO pay scale can only barely hit $300k pa including bonuses. Of course, that is by no means pathetic.
Reply With Quote
  #8 (permalink)  
Old 02-07-2014, 08:38 PM
Verified Member
 
Join Date: Jun 2014
Posts: 21
RedOrangeYellow is on a distinguished road
Default

Am in my 30s. A couple of my friends have been progressing really well... Getting 15-30% pay increment by hopping jobs every 2-3 years. One works in the banking industry, drawing about $9k per month.

Compared to my peers, I am considered an under achiever.
Reply With Quote
  #9 (permalink)  
Old 02-07-2014, 08:53 PM
Unregistered
Guest
 
Posts: n/a
Default

Graduated from NUS in the late 90s with a B.Eng, majoring in microelectronics.
Along the way, studied for my M.Eng and obtained a PhD in the mid 2000s.

Thinking of getting out of the sunset semiconductor industry and make a career switch.

Not easy for someone in the early 40s to find another job. Any suggestions?
Reply With Quote
  #10 (permalink)  
Old 02-07-2014, 08:58 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Graduated from NUS in the late 90s with a B.Eng, majoring in microelectronics.
Along the way, studied for my M.Eng and obtained a PhD in the mid 2000s.

Thinking of getting out of the sunset semiconductor industry and make a career switch.

Not easy for someone in the early 40s to find another job. Any suggestions?
Why not be an inventor that will revolutionize the semicon industry such as ceramic based chips superconductor?


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
is 3rd class honors useful? YGYGYG Income and Jobs 71 27-10-2017 10:05 PM
Poor working class Salary.sg Income and Jobs 2 25-03-2016 01:04 AM
NUS 2nd lower class hard to get job? cityguy Income and Jobs 37 18-01-2014 11:36 AM
Where does CFA stand compared with MBA rampa001 Education and Personal Growth 13 30-06-2013 11:21 AM
big 4 salary/progression as compared to rest sg_ithinkalot Income and Jobs 10 18-05-2012 07:42 AM

» 30 Recent Threads
How much are you earning per annum? ( 1 2 3... Last Page)
12,046 Replies, 3,842,702 Views
NUS working environment and pay... ( 1 2 3... Last Page)
90 Replies, 74,065 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
3,139 Replies, 1,332,157 Views
Hospital (Private or Public)...
9 Replies, 5,653 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,460 Replies, 979,256 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,402 Replies, 2,008,383 Views
ST Electronics ( 1 2 3... Last Page)
861 Replies, 257,824 Views
Lawyer Salary ( 1 2 3... Last Page)
9,583 Replies, 3,070,397 Views
Compare civil service salary ( 1 2 3... Last Page)
10,691 Replies, 5,912,601 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
3,002 Replies, 1,143,820 Views
Equity Research jobs
2 Replies, 214 Views
Engineer Pay ( 1 2 3... Last Page)
104 Replies, 45,154 Views
High loan approval for business...
3 Replies, 593 Views
Whats your net worth ( 1 2 3... Last Page)
2,765 Replies, 828,685 Views
How to start a small business ( 1 2)
12 Replies, 2,167 Views
anyone working at NCS ? ( 1 2 3... Last Page)
457 Replies, 316,734 Views
Third Party Contract From... ( 1 2 3)
20 Replies, 2,477 Views
OCBC Graduate Talent Programme... ( 1 2 3... Last Page)
334 Replies, 113,734 Views
Should I switch to a higher paying... ( 1 2 3... Last Page)
32 Replies, 3,174 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,394 Replies, 588,395 Views
MAS : Mid Career Professionals ( 1 2 3... Last Page)
224 Replies, 136,750 Views
Prospects of an economics degree ( 1 2 3)
25 Replies, 12,264 Views
Passive income ideas? ( 1 2 3... Last Page)
31 Replies, 18,294 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
2,716 Replies, 1,130,213 Views
Possibilities, salary, etc. in the...
4 Replies, 1,043 Views
DBS tech seed programme ( 1 2 3)
29 Replies, 3,967 Views
Commercial Affairs Officer ( 1 2 3... Last Page)
137 Replies, 93,613 Views
PCB design course
2 Replies, 143 Views
UBS Financial Services Industry... ( 1 2 3... Last Page)
156 Replies, 24,201 Views
Job Application with MOE... ( 1 2 3... Last Page)
244 Replies, 224,458 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 01:16 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2