Originally Posted by Unregistered (Post 78651)

There could be some bias. Participation in such surveys is usually voluntary. It could be those who do well and who get good jobs responded to the survey. Those still unemployed or in low paying temporary jobs might have chosen not to respond; they are under-represented.

Thus the results are skewed towards the more optimistic side. Especially if the survey is done by recruitment agencies, they are incentivised to dangle a carrot that is larger than reality to attract people to apply for jobs. Tertiary institutions also tend to play up the employability figures and salaries to show their graduates are highly sought after in the job market, to attract potential students. Even figures provided by government may be massaged or presented in some way to manage public sentiments or for political reasons.

Originally Posted by Unregistered (Post 78650)

I worked very hard in my career and was a high flying executive earning big bucks. Today I can retire at the age of just 52 as my fortune is enough to allow me to retire. Many in this forum in their 50s are still struggling at work. My advice to the youngsters here to work hard during your career and you can reap the benefits of early retirement like what I am doing now. Now is the happiest moment of my life.

Originally Posted by Unregistered (Post 78652)

Share what? This whole thread is very vague.

Is this about:

1. How to find job satisfaction?
2. Employment history?
3. Pros and cons, likes and dislikes of each job?
4. What factors are more important (or less important) for staying in a job?

Originally Posted by Unregistered (Post 78654)

What defines a high flyer?
Is earning big bucks the means to the end or the end of the end


If a person a does not have a spectacular academic background, can he be a high flyer?
Is cert above merit
Without a good cert, will you get the entrusted position to be a flyer
What about the below 70% cert holder, sell kway tiao?

Originally Posted by Unregistered (Post 78653)

Very true.
Statistics are tools to the users of the tool.

The average wage of Singapore is 3200, and if you get 5200, you are in the top 50 percentile. (source mom wage survey). But when smrt want to raise fare, they use another figure base on another statistics (doesn't the mot and mom coordinate??) they even engage bcg Mc to show the correlation of wage and fare (eyes rolling)

Originally Posted by Unregistered (Post 78657)

Which statistic do they use, don't mind sharing?

Originally Posted by Unregistered (Post 78651)

There could be some bias. Participation in such surveys is usually voluntary. It could be those who do well and who get good jobs responded to the survey. Those still unemployed or in low paying temporary jobs might have chosen not to respond; they are under-represented.

Thus the results are skewed towards the more optimistic side. Especially if the survey is done by recruitment agencies, they are incentivised to dangle a carrot that is larger than reality to attract people to apply for jobs. Tertiary institutions also tend to play up the employability figures and salaries to show their graduates are highly sought after in the job market, to attract potential students. Even figures provided by government may be massaged or presented in some way to manage public sentiments or for political reasons.

Originally Posted by Unregistered (Post 78665)

true that figures can be massaged but the typical response rate for GES is ~90%. isn't that rather representative of the true performance of the cohort already? trying to bridge the disconnect between GES results and what's offered on the mkt nowadays

Originally Posted by Unregistered (Post 78653)

Very true.
Statistics are tools to the users of the tool.

The average wage of Singapore is 3200, and if you get 5200, you are in the top 50 percentile. (source mom wage survey). But when smrt want to raise fare, they use another figure base on another statistics (doesn't the mot and mom coordinate??) they even engage bcg Mc to show the correlation of wage and fare (eyes rolling)