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16-09-2008, 11:32 AM
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2689
Hi There,
Can someone tell me (anyone who is one now?) how much does a senior researcher in an executive search firm earn? Someone with >5 years experience in a top executive search firm?
Thanks
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20-09-2008, 02:16 PM
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2723
Lloyd,I m an engineer in a MNC. My pay is $5K after 2 years. Fresh from uni with no job experience prior to that. Unless you are a investment banker or trader, otherwise, don't talk big.
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20-09-2008, 10:21 PM
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2725
That's pretty good, Nick! Took me longer than that last time to get to 5k.
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21-09-2008, 01:32 PM
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2730
We all talk about people in banking earning big bucks and all that. But what i would like to know is how many people or percentange of people working in Singapore banks are really earning a lot (above 10k a month.) Anybody knows and care to inform?
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21-09-2008, 09:52 PM
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2733
the argument about who earns more is never ending. Even if you say that engineers re getting 10K/mth, some cocky bankers will claim that they re earning 10 times of that amount. Ironically, I don't see the lawyers and doctors coming to this forum to boast about how much they earn. No offence. I give lots of respect to certain professions like lawyers, investment bankers, traders and doctors. For all their capabilties and stress level, I think the high pay is well justified. But what I scorn is some personal banker, financial planner or banking operation analyst coming on to this forum to boast about their bright prospects in the financial arena. At the end of the day, there is no need to compare. If i m earning 10K/mth, i ll be very satisfied already. Coz it allows me to live the lifestyle I want. Let's be clear about the objective of earning more.
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23-09-2008, 10:19 AM
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2745
i agree with Nick.
what is 10k/mth?
if u have been seen enough, some guys make 10k per day. so what is 10k? its just a number, and making more money than the next doesnt makes you a superior or better person.
its all relative. wake up.
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23-09-2008, 04:44 PM
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2749
Yes, i agree there are people earning 10K/month and i have friends/acquaintances who earns that. I am only earning much less than 10k/month but i am happy even though i wish i was earning more. But what i was asking is the perentage...are the people in banks earning more than 10k per month or a mere 0.5% or 10%? Its just for curiousity sake.
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24-09-2008, 05:16 PM
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2758
Hey Nick, given the global finanical climate, bankers at all levels up to private banking and investment and even financial planners are shaking in their pants.
In the short term starting from now, the economic and financial climate globally, even in Singapore don't look rosy but kinda bleak.
Therefore for bankers to get a cosy pay like what some people suggested here, i.e. 10K per month is history.
Personally i feel $10K SGD per month is very average. I am in the media industry and I am a Media Director in a global agency with portfolios in other scopes of work as well. I am getting approx $12K.
I am reaching 28 years old and I have pals who are late 20s to early 30s who are earning in excess of $15K per month, with some of them very busy whereas others are relatively relaxed at work.
My conclusion - people in banking industry are normal people working in other industries like operations, engineering and legal etc.
Cheers
Ron
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24-09-2008, 05:22 PM
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2759
I am in the media industry and I am a Media Director in a global agency with portfolios in other scopes of work as well. I am getting approx $12K.
That is very very good package for a late 28s guy..
i have a Master degree in Biomedical Engineering, i only earning 3k plus..
The lesson i learn is, dun compare, compare only make u complain, complain lead to negative attitude, then u lose everything..
hmmm... if i earn 12 k per month...muahahah
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24-09-2008, 10:45 PM
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2761
Ronaldo is missing my point.
Statistics is a good gauge but not as a pinpoint.
"My conclusion - people in banking industry are normal people working in other industries like operations, engineering and legal etc."
Firstly, you draw your conclusion from your pool of friends. Your sample size is restricted to those you know. But surveys have shown, on average, banking n financial is one of the best paymaster. So in terms of pay, people in banking n finance are a little better.
Secondly, not too sure of the orientation of your slantedness or biasness, you seem to have an issue. Judging from your previous posts, it is difficult to take your words.
Three, people whom I know, regards a monthly salary as a mere figure. So dont get overly fixated on that. Like I mentioned, getting 11k or 2k more does not equate to anything more than the extra renumeration you be receiving. Some folks draw 10k a month but is worth hundreds of million. So is a director drawing 12k per month "better" than those guys? I doubt so.
I think it is neccessary for your comments to be sorted out and not be tinted with biasness. There are many people looking for decent advice here.
For many years to come and to go, it is without doubt that banking and finace remains one of the best place to get good monthly pay. Of course there are fine prints and disclaimers. Just like how many creative or arty guys can be paid 12k per month.
Endof the day, be true to yourself. Choose a job that your innerself calls for. Without passion, one can never go far.
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