Career in Engineering - Is it better now?

Originally Posted by Unregistered

A lot of jobs in the banking technology side get paid >$25k within 10 years if you are good, no point wasting time on front office.

You seem to have experience in the sector. What about software consulting jobs in commodities risks? Any idea on their possible career progression/salary range/exit into bank ops?

Originally Posted by Unregistered

My 2 cents...

Engineering is vital in every developing or developed nation...

The problem in SE Asia or SG is that they don't regulate how much you can charge in certain industry.. eg. medical.. this is why we have been seeing so many drs who practice this profession purely for money.. and often overcharging their patients. Ethics and passion are non existence anymore... They are like bankers.. they are given the "license"

As for engineering, many took up the course because of a childhood dream/ambition..
I want to build high rise buildings/planes...

I thought it is free market and price is determined by supply and demand?

Why regulate to artificially set a price at an unnatural level?

Originally Posted by Unregistered

I thought it is free market and price is determined by supply and demand?

Why regulate to artificially set a price at an unnatural level?

Sounds to me some guy not happy with his pay demanding PAP to order companies to pay him higher.

Originally Posted by Unregistered

I thought it is free market and price is determined by supply and demand?

Why regulate to artificially set a price at an unnatural level?

In the law industry, they protect their salary by cutting down the list of law school grads that are qualified to work in Singapore.

Engineers don't have such anti-competitive practices.

Originally Posted by Unregistered

In the law industry, they protect their salary by cutting down the list of law school grads that are qualified to work in Singapore.

Engineers don't have such anti-competitive practices.

As do another thousand of industries that do not limit grads. Are you suggesting PAP to step in to order all the schools to recruit based on what they say and tell companies to pay minimum sun?

Originally Posted by Unregistered

I thought it is free market and price is determined by supply and demand?

Why regulate to artificially set a price at an unnatural level?

If you seek medical advise or service.. most of the time.. you get an initial quote but your final bill will be inflated.. same as lawyers

But most of the other industries.. discounts will be demanded and you suffer a long payment terms..

Originally Posted by Unregistered

I thought it is free market and price is determined by supply and demand?

Why regulate to artificially set a price at an unnatural level?

Originally Posted by Unregistered

Sounds to me some guy not happy with his pay demanding PAP to order companies to pay him higher.

Originally Posted by Unregistered

In the law industry, they protect their salary by cutting down the list of law school grads that are qualified to work in Singapore.

Engineers don't have such anti-competitive practices.

Originally Posted by Unregistered

As do another thousand of industries that do not limit grads. Are you suggesting PAP to step in to order all the schools to recruit based on what they say and tell companies to pay minimum sun?

Sounds like all these came from the same person..

Replying every 3 to 5 minutes..

Makes me wonder if this person does most of the posting here..

Originally Posted by Unregistered

In the law industry, they protect their salary by cutting down the list of law school grads that are qualified to work in Singapore.

Engineers don't have such anti-competitive practices.

And many lawyers are complaining their workload too heavy, and too much overtime. Would they rather have unlimited law students, lower salary but more lawyers to distribute out the work?

Guess high pay equates high workload.

What are the chances of engineers going to the financial sector? Further studies and get an internship inside? Nowadays alot of the jobs in finance all want pre-requisite knowledge of banking ops etc its not so easy

Recently there was an article stating that Govt is relooking into the pay of public service engineers. Probably it might be more attractive now to work in the public sector