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28-02-2016, 09:28 PM
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Quote:
Originally Posted by Unregistered
Hi all;
I am making $12k/month in the manufacturing sector. and i am also thinking of quitting due to the extreme stress. do you think it's worth it? i am 44 years now, no debt.
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Since you have no more condo mortgage and no car loan, no need to worry much. Just quit. Not worth it to be so stressed. You can develop mental problems. Life is not all about money. Don't listen to fools on this forum who keep saying you need to work until you have millions. Fools.
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28-02-2016, 10:29 PM
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Quote:
Originally Posted by Unregistered
never understood why ppl bother to stay in mfg with such pathetic pay. at least those in banking are getting paid for the stress and abuse, mfg is just crap environment + crap pay.
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Probably for their stability. Jobs in banking are highly affected by the economics.
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28-02-2016, 11:18 PM
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Quote:
Originally Posted by Unregistered
never understood why ppl bother to stay in mfg with such pathetic pay. at least those in banking are getting paid for the stress and abuse, mfg is just crap environment + crap pay.
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They may have no choice. The top talents, highly intelligent ones usually are the top bankers and lawyers, CEOs who earn so much that they can retire at 40 if they choose to. Those in engineering jobs are still working at 55 and older. Some still have to work beyond 65.
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29-02-2016, 10:14 PM
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Those who are good usually are the not the ones retiring early, whether they be in finance, medicine, law, engineering or whatever field. These top professionals seem to go on and on in their careers even in their 60s! Somehow the companies seem to find value in these old timers, and are willing to pay good money to keep them.
Think so far, only came across those who cannot take the stress, make a little bit of money, quit and talk the biggest. But always say the same thing like broken record player.
Quote:
Originally Posted by Unregistered
They may have no choice. The top talents, highly intelligent ones usually are the top bankers and lawyers, CEOs who earn so much that they can retire at 40 if they choose to. Those in engineering jobs are still working at 55 and older. Some still have to work beyond 65.
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29-02-2016, 11:12 PM
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Quote:
Originally Posted by Unregistered
Those who are good usually are the not the ones retiring early, whether they be in finance, medicine, law, engineering or whatever field. These top professionals seem to go on and on in their careers even in their 60s! Somehow the companies seem to find value in these old timers, and are willing to pay good money to keep them.
Think so far, only came across those who cannot take the stress, make a little bit of money, quit and talk the biggest. But always say the same thing like broken record player.
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You made a really valid point.
Average age of CEO: 56
Average age of CFO: 52
Average age of COO: 52
://.alvarezandmarsal.com/sites/default/files/files/Age-CEO-CFO-COO.pdf
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01-03-2016, 03:56 PM
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Are you doing an engineering job? If yes, just quit and get a higher paying job which can make you rich. You can then retire in your 40s and enjoy life, doing what you like. If you are an engineer you will likely retire only at 65 or older or become a taxi driver when you got retrenched. Top bankers and top lawyers can retire easily in their 40s and then enjoy life. They are free to do what they want, to pursue their other interests.
Quote:
Originally Posted by remymartinVSOP
Hi all,
Here to seek a bit of career advice.
I graduated from NUS with 2nd upper last year. Been working in a local firm for about 9 months now and I have a skill set that is quite well sought after. So far my job has been really challenging; I have learnt a lot of hard and soft skills; my colleagues and boss are really encouraging and supportive; working hours are good and pro-family (9-6).
My only qualm is that there might not be a lot of monetary incentive on the horizon (next 1-2 years). From what I have heard, the yearly increment is a percentage of 1-3%. My starting pay is only $3000 which is considered low when I look at my peers.
I'm wondering if I should consider moving on elsewhere that would pay me a decent pay or just stay put because it is a good environment? Or is it too early for me to do this (I do not want to be labelled as a job hopper)?
Thanks in advance!
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01-03-2016, 05:31 PM
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ever since 1997 crisis, every few years you will hear a lot of hype about engineers making a comeback. in the end only small specific types of engineering get paid well because a few mega mncs are hiring and poaching them. most of the rest just continue to languish.
this time round will be no different. heard it so many times in the past 20 years already... in fact as a group statistically speaking trained engineers make the most money by joining civil service / stat board and sometimes they are not even doing anything related to what they study.
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01-03-2016, 06:15 PM
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Just move. The longer you stay and the older you get, the harder it becomes for you to switch.
And don't worry about working hours. You should be hustling hard and working your ass off while you are young.
Of course, make sure you have found a job before quitting your current job. If you quit before finding a job, you will get stressed out in your job hunt.
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