job offer - salary for managing director role - Page 3 - 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




job offer - salary for managing director role

Reply
 
Thread Tools
  #21 (permalink)  
Old 24-12-2014, 09:29 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
My husband is Deputy Director at a Stat Board in his late 30's. How I wish you were right... More like SGD 150k per annum including the civil service bonus of 2 to 3 months each year. Increment is slow too. He has been getting guaranteed increment but it is so small... +4-6k/year.
Close to SGD200k is what we need for me to stop working and look after the kids fulltime.

He is a gov't scholar and was on Dean's List in NUS. Unfortunately he is not well connected. He says only "white horse" gets SGD 180k.

I never really understood what it means, can someone tell me what "white horse" means in this context?
you cant compare civil service with private sector. It is known to earn less but with the added benefit of longer annual leaves, better work-life balance etc. earning 150k p.a. in civil service in one's late 30s is doing just fine according to the many posts here.

Reply With Quote
  #22 (permalink)  
Old 24-12-2014, 09:43 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
you cant compare civil service with private sector. It is known to earn less but with the added benefit of longer annual leaves, better work-life balance etc. earning 150k p.a. in civil service in one's late 30s is doing just fine according to the many posts here.
Realistically speaking even in the pte sector how many people really make 150k in a year by their late 30s?

I'm not talking about guys like doctors, o&g, top salesman, laywers, bankers etc. Normal jobs like accountant, engineer, programmer, teacher, purchaser, marketer, factory operations, service operations etc. only a minority will reach 150k by 40.

Reply With Quote
  #23 (permalink)  
Old 24-12-2014, 10:43 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by CS_Farmer View Post

Judging from your husband’s career progression so far, he seems to be following a typical “farmer” track, i.e. he isn’t on the fast track program nor is he a scholar in the true sense of the word in public sector. He might have gotten a scholarship or monetary support for his studies, but the powers on top do not see him any different from a normal degree educated Div 1 officer.

Dy Director is the default career end point for a degree educated average performer in the civil service. Your husband reaching this level in late 30s with an all-in package of 150k is probably slightly faster than average. The salary scale for DD is very wide to cater for most civil servants who will retire at this level. .
I beg to differ. Looking at my friends in the civil service, those who reach deputy director positions in their 30s are the above-average performers. And most degree educated civil servants retire bebow the rank of deputy director.

Reply With Quote
  #24 (permalink)  
Old 24-12-2014, 02:50 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I beg to differ. Looking at my friends in the civil service, those who reach deputy director positions in their 30s are the above-average performers. And most degree educated civil servants retire bebow the rank of deputy director.
Your friends are just above average farmers lor. Please lar a AO by late 30s is usually a Senior Director in a ministry or a Colonel equivalent in SAF with a pay package close to 300k.
Reply With Quote
  #25 (permalink)  
Old 26-12-2014, 03:58 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
u just sound like a lazy fat lady who doesnt wanna work. 200k is what you need?
seriously? i know households that run on single income of south of 50k.

200k is what u need? LOL
What is your problem douche?
People have different levels of lifestyle, I am used to a certain lifestyle provided by my husband and my own hardwork.

We want to provide a quality lifestyle for our retirement and for our children and that is the min. income level to achieve.

Yes, the Malay neighbours I grew up with make $40k /year but he is able to take care of 5 mouths to feed and still have savings. That is commendable - I respect that. But I cannot do the same. Been brought up in this way, and grown up this way. Yes maybe I had a spoilt childhood, and I want to spoil my kids the same way - that is my choice, not yours so please fo fcuk yourself.

If you are lazy and can't afford to spoil yourself and your family but you are envious, that's your problem, don't take it out on others.

---------

To answer the other question, he is not a PSC Scholar or President's Scholar. Just a simple scholar sponsored by DSTA. Studied 4 years NUS, 2 years work, 3 years to do MPP in Georgetown Public Policy Institute in Washington DC sponsored by MOF, (where we met each other).
After he came back from his Masters in USA, DSTA seconded him to MFA where he still is but draws salary from DSTA - not sure how that works but suppose that means he is still Statboard and not ministry.

The good part is that he still is able to leave office at 6pm everyday to come back to see the kids - I prefer this to having extra $50k/year but longer working hours.
Reply With Quote
  #26 (permalink)  
Old 26-12-2014, 10:29 PM
Unregistered
Guest
 
Posts: n/a
Default

Haha, like that also call scholar???

You really don't know what civil service means by scholar or just acting blur?

So in short you expect tax payers to pay $200k for some average civil servant to enjoy "quality lifestyle" and quit office everyday by 6pm?

I certainly hope this is just you personal thought and not shared by your husband. It would be sad if Singapore come to a stage whereby public servants whine about the need to get paid big bucks with an iron rice bowl, average capability and knock off on time everyday.

I don't think people here are envious of your husband... Jeez where did you get that from? I think most of us are more struck by the nerve of some woman complaining about her husband not being paid enough by the government to let her retire in her 30s. If your husband was some stellar performer or hot stud in the private sector can still understand, but just a normal stat board staff?

Quote:
Originally Posted by Unregistered View Post
What is your problem douche?
People have different levels of lifestyle, I am used to a certain lifestyle provided by my husband and my own hardwork.

We want to provide a quality lifestyle for our retirement and for our children and that is the min. income level to achieve.

Yes, the Malay neighbours I grew up with make $40k /year but he is able to take care of 5 mouths to feed and still have savings. That is commendable - I respect that. But I cannot do the same. Been brought up in this way, and grown up this way. Yes maybe I had a spoilt childhood, and I want to spoil my kids the same way - that is my choice, not yours so please fo fcuk yourself.

If you are lazy and can't afford to spoil yourself and your family but you are envious, that's your problem, don't take it out on others.

---------

To answer the other question, he is not a PSC Scholar or President's Scholar. Just a simple scholar sponsored by DSTA. Studied 4 years NUS, 2 years work, 3 years to do MPP in Georgetown Public Policy Institute in Washington DC sponsored by MOF, (where we met each other).
After he came back from his Masters in USA, DSTA seconded him to MFA where he still is but draws salary from DSTA - not sure how that works but suppose that means he is still Statboard and not ministry.

The good part is that he still is able to leave office at 6pm everyday to come back to see the kids - I prefer this to having extra $50k/year but longer working hours.


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


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


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


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

  #27 (permalink)  
Old 27-12-2014, 02:43 PM
Unregistered
Guest
 
Posts: n/a
Default

nowadays a lot of public sector employees getting more and more greedy. always want to compare with high payers in private sector yet cling on to job stability and work life balance.

working in a stat board myself, i always content as long pay is slightly below average to average in the market. if anything more is bonus. i have some colleagues always complain pay and bonus progression too slow, yet not willing to take the risk outside, just unhappy everyday at work. no point.
Reply With Quote
  #28 (permalink)  
Old 27-12-2014, 03:12 PM
Unregistered
Guest
 
Posts: n/a
Default

The private sector has a lot of risks and we get rewarded for taking the high risks. Some of us got rewarded big time while some lose big time. I was fortunate to be the former. I used to work in the fast paced, high stressed environment in the FO of the finance industry. The top guns they call it. I made a lot over the years I worked there. I managed to build up a big investment portfolio which allows me to retire at 43. Now I earn a passive income of $180k pa and retired. Our household expenses is $80k pa. Debt free too.


Quote:
Originally Posted by Unregistered View Post
nowadays a lot of public sector employees getting more and more greedy. always want to compare with high payers in private sector yet cling on to job stability and work life balance.

working in a stat board myself, i always content as long pay is slightly below average to average in the market. if anything more is bonus. i have some colleagues always complain pay and bonus progression too slow, yet not willing to take the risk outside, just unhappy everyday at work. no point.


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


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


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


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
  #29 (permalink)  
Old 27-12-2014, 04:40 PM
Unregistered
Guest
 
Posts: n/a
Default

Some of the CS/SB staff need a shake up to wake up their idea. Recently went to a Christmas party organized by a uni friend. One lady work at NEA since day 1 still got the cheek to complain this year her 2 month bonus "so pathetic".


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


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


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


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
  #30 (permalink)  
Old 27-12-2014, 05:07 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
What is your problem douche?
People have different levels of lifestyle, I am used to a certain lifestyle provided by my husband and my own hardwork.

We want to provide a quality lifestyle for our retirement and for our children and that is the min. income level to achieve.

Yes, the Malay neighbours I grew up with make $40k /year but he is able to take care of 5 mouths to feed and still have savings. That is commendable - I respect that. But I cannot do the same. Been brought up in this way, and grown up this way. Yes maybe I had a spoilt childhood, and I want to spoil my kids the same way - that is my choice, not yours so please fo fcuk yourself.

If you are lazy and can't afford to spoil yourself and your family but you are envious, that's your problem, don't take it out on others.

---------

To answer the other question, he is not a PSC Scholar or President's Scholar. Just a simple scholar sponsored by DSTA. Studied 4 years NUS, 2 years work, 3 years to do MPP in Georgetown Public Policy Institute in Washington DC sponsored by MOF, (where we met each other).
After he came back from his Masters in USA, DSTA seconded him to MFA where he still is but draws salary from DSTA - not sure how that works but suppose that means he is still Statboard and not ministry.

The good part is that he still is able to leave office at 6pm everyday to come back to see the kids - I prefer this to having extra $50k/year but longer working hours.
Im sorry to dissapoint you, but I dont think he's that kind of 'scholar' that you might imagine him to be. DSTA scholarships are actually not that hard to attain. Its like the ones that PUB, MOHH and Mindef(not SAFOS) throws around. So you shouldnt expect much. IMO, if someone isnt a PSC or President, you cant expect the high life.

There's nothing wrong in wanting more things and being richer. But you cant stop people from calling you out for what you are : greedy. And in any case, if you believe that you should be rewarded even more for yours and your husband's 'hardwork', maybe you should strike it out in the private sector if the public sector is not rewarding enough. You cant be dissapointed if that is the amount the public sector pays you and your husband. If you dont like it, simply leave. If you really believe that thats how much your husband is worth, then he should have no problem going at it in the private sector.
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »

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
Deputy Director or Director - Civil Service earns? babymango Income and Jobs 81 16-07-2021 12:38 AM
Salary for IT Director in Singapore gautams1510 Income and Jobs 3 11-11-2013 05:05 PM
Salary for marketing/communication role in bank? Thought01 Income and Jobs 4 18-07-2012 03:25 PM
Procurement Director Salary yice Income and Jobs 1 11-05-2012 09:27 AM
Salary Range for a Regional Managerial Role blitzkreigh Income and Jobs 0 02-05-2010 12:33 AM

» 30 Recent Threads
Roles in accenture singapore ( 1 2 3... Last Page)
7,701 Replies, 2,401,232 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
833 Replies, 393,038 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,360 Replies, 3,473,954 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,288 Replies, 642,607 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
16,194 Replies, 5,124,659 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,514 Replies, 1,407,387 Views
Work culture in IHiS ( 1 2 3... Last Page)
728 Replies, 557,141 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,855 Replies, 1,246,323 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,832 Replies, 1,453,835 Views
Banks' Pay and Bonuses ( 1 2 3... Last Page)
558 Replies, 507,171 Views
GovTech ( 1 2 3... Last Page)
5,892 Replies, 2,325,286 Views
Career as Teacher ( 1 2 3... Last Page)
11,223 Replies, 6,864,995 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,176 Replies, 3,817,457 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
420 Replies, 503,984 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
759 Replies, 418,659 Views
Lawyer Salary ( 1 2 3... Last Page)
21,179 Replies, 10,492,003 Views
Julius Baer Graduate Program 2023 ( 1 2 3... Last Page)
32 Replies, 17,360 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,061 Replies, 1,093,219 Views
ST Electronics ( 1 2 3... Last Page)
3,818 Replies, 1,584,363 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,353 Replies, 1,170,402 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,905 Replies, 4,739,960 Views
NUS (National University of... ( 1 2 3... Last Page)
324 Replies, 329,333 Views
Compare civil service salary ( 1 2 3... Last Page)
16,444 Replies, 12,622,007 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,426 Replies, 4,856,176 Views
Working in SMRT ( 1 2 3... Last Page)
41 Replies, 59,203 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
331 Replies, 381,783 Views
Work culture in CPF board ( 1 2 3... Last Page)
35 Replies, 78,429 Views
DBS tech seed programme ( 1 2 3... Last Page)
3,768 Replies, 1,521,562 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,489 Replies, 808,613 Views
Maritime and Port Authority of... ( 1 2 3)
20 Replies, 20,408 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 07:25 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2