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  #11 (permalink)  
Old 23-04-2015, 10:45 AM
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Generally speaking. Working as a statistician in private sector does not make you a lot of money. I have 8 yrs of working experience with Masters from local university ( u can guess which one easily), drawing only 85k per annum excluding bonus from MNCs.(2-3 avg). Most of my peers (Master in Statistics) are not working as a Statistician.
Sounds to me more like you have too high expectations rather than Statistician pay isn't good. If you can make 85k basic + 2-3 mth bonus means total annual package already 100k+ for just 8 years exp.

Dun always compare to jobs like investment banker, lawyer, oil trader etc. Look around you and see if there are many accountants, engineers, marketer, programmer etc. that can make 100k in just 8 years. You are definitely above average already.

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Old 23-04-2015, 11:49 AM
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Sounds to me more like you have too high expectations rather than Statistician pay isn't good. If you can make 85k basic + 2-3 mth bonus means total annual package already 100k+ for just 8 years exp.

Dun always compare to jobs like investment banker, lawyer, oil trader etc. Look around you and see if there are many accountants, engineers, marketer, programmer etc. that can make 100k in just 8 years. You are definitely above average already.
I have couple of people in the same graduating cohort of 2005 (bachelor hons) who are working in DOS earning 75k basic+(4-5 mths).

My advise to those people who aspire to work as a statistician, to work in public service
rather than in private sectors. Your "Expected" pay off is definitely higher , not to mention that you need to bear the opportunity cost of doing a post-grad deg to be qualified to work in reputable MNCs as a Statistician. Furthermore, accounting for the work-life balance and the job stability, it is clear to see public sector is a better for to work as a statistician.

At my age, earning 85k basic per annum given that I have a bach(1st class honors), and Master deg (with high distinction) with 8 yrs of working exp, I am just the "average", not above average. I dare to say among those armed with just good honors deg working in public service at my age is doing above me (Their annual package).

Compare apples with apples, oranges with oranges.

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Old 24-04-2015, 08:26 AM
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I have couple of people in the same graduating cohort of 2005 (bachelor hons) who are working in DOS earning 75k basic+(4-5 mths).

My advise to those people who aspire to work as a statistician, to work in public service
rather than in private sectors. Your "Expected" pay off is definitely higher , not to mention that you need to bear the opportunity cost of doing a post-grad deg to be qualified to work in reputable MNCs as a Statistician. Furthermore, accounting for the work-life balance and the job stability, it is clear to see public sector is a better for to work as a statistician.

At my age, earning 85k basic per annum given that I have a bach(1st class honors), and Master deg (with high distinction) with 8 yrs of working exp, I am just the "average", not above average. I dare to say among those armed with just good honors deg working in public service at my age is doing above me (Their annual package).

Compare apples with apples, oranges with oranges.
And there are many Masters degree holders who are jobless and cannot even get a job because they are deemed as "overqualified". In general only public sector pays more for a good degree and masters, if you want to compare like that well I guess you can say compared to other academically inclined ppl, you are average in the gov sector.

But in the private sector most MNCs do not pay aything extra for good degree or masters, so in that sense there is nothing wrong in comparing with other normal degree or masters holders esp when you are in the private MNC. By that yardstick you are already above average.

It is all a perspective of glass is half full or half empty. Since you are already stuck in the pte sector MNC, might as well see it positively than keep comparing to the public sector that pays extra for good academics. You just end up making yourself dissatisfied everyday.

I was a FCH as well and my pte sector starting pay was way below other FCH holders who joined a ministry anyway, but I never compare like that and see it that way because I knew I was more suited for MNCsculture and wanted to achieve higher potential in the long run instead of getting stuck in some Director/DyDirector CEP as a non-scholar.

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Old 24-04-2015, 10:22 AM
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And there are many Masters degree holders who are jobless and cannot even get a job because they are deemed as "overqualified". In general only public sector pays more for a good degree and masters, if you want to compare like that well I guess you can say compared to other academically inclined ppl, you are average in the gov sector.

But in the private sector most MNCs do not pay aything extra for good degree or masters, so in that sense there is nothing wrong in comparing with other normal degree or masters holders esp when you are in the private MNC. By that yardstick you are already above average.

It is all a perspective of glass is half full or half empty. Since you are already stuck in the pte sector MNC, might as well see it positively than keep comparing to the public sector that pays extra for good academics. You just end up making yourself dissatisfied everyday.

I was a FCH as well and my pte sector starting pay was way below other FCH holders who joined a ministry anyway, but I never compare like that and see it that way because I knew I was more suited for MNCsculture and wanted to achieve higher potential in the long run instead of getting stuck in some Director/DyDirector CEP as a non-scholar.
Good luck for your climb in the corporate world. I joined MNCs because I wanted to climb higher too and not be limited by the hierarchy of scholars. But after 8 years of grinding,I realized this " the grass is greener in private world" but it is definitely harder to cut".
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Old 09-02-2019, 11:03 PM
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Hi guys, does anyone know what is the pay scale for statistician scheme SN 12?
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