Lawyer Salary - Page 1286 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Lawyer Salary

Reply
 
Thread Tools
  #12851 (permalink)  
Old 26-07-2021, 12:44 AM
Unregistered
Guest
 
Posts: n/a
Default

Frontloaded salary works this way:

Say you are paid $4,500 per month (thatís your base).
But if firms were to pay $4,500 per month, no one would join.

So to entice young associates, they pay $6,000 for instance. But the $1,500 is frontloaded.

Which means when you get your bonus of 2-3 months, it is based on the $4,500 per month. So if you calculated $4,500 x 3 months (bonus) itís equal to $13,500 which is 2.25 months on $6,000 salary.

In firms that donít practice front load, it means your bonus of 3-4 months is based on $7,500. Thatís the meaning



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #12852 (permalink)  
Old 26-07-2021, 12:50 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Lmao this is horrendously wrong. If you don't know anything, best to shut up. Latest approximate salary scale is as follows:

Trainee - S$3,000
NQ - S$8,000
2PQE - S$9,500
3PQE - S$11,000
4PQE - S$12,500+ (Can be higher - salaries from 4PQE onwards are black box)
5PQE - S$14,000+
6PQE - S$15,500+
so the increase from NQ to 2PQE (2 years) is at 1.5k now?

Reply With Quote
  #12853 (permalink)  
Old 26-07-2021, 07:59 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Frontloaded salary works this way:

Say you are paid $4,500 per month (thatís your base).
But if firms were to pay $4,500 per month, no one would join.

So to entice young associates, they pay $6,000 for instance. But the $1,500 is frontloaded.

Which means when you get your bonus of 2-3 months, it is based on the $4,500 per month. So if you calculated $4,500 x 3 months (bonus) itís equal to $13,500 which is 2.25 months on $6,000 salary.

In firms that donít practice front load, it means your bonus of 3-4 months is based on $7,500. Thatís the meaning

Thanks bro

Reply With Quote
  #12854 (permalink)  
Old 26-07-2021, 09:05 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Frontloaded salary works this way:

Say you are paid $4,500 per month (thatís your base).
But if firms were to pay $4,500 per month, no one would join.

So to entice young associates, they pay $6,000 for instance. But the $1,500 is frontloaded.

Which means when you get your bonus of 2-3 months, it is based on the $4,500 per month. So if you calculated $4,500 x 3 months (bonus) itís equal to $13,500 which is 2.25 months on $6,000 salary.

In firms that donít practice front load, it means your bonus of 3-4 months is based on $7,500. Thatís the meaning
Thanks sis
Reply With Quote
  #12855 (permalink)  
Old 26-07-2021, 10:09 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Frontloaded salary works this way:

Say you are paid $4,500 per month (thatís your base).
But if firms were to pay $4,500 per month, no one would join.

So to entice young associates, they pay $6,000 for instance. But the $1,500 is frontloaded.

Which means when you get your bonus of 2-3 months, it is based on the $4,500 per month. So if you calculated $4,500 x 3 months (bonus) itís equal to $13,500 which is 2.25 months on $6,000 salary.

In firms that donít practice front load, it means your bonus of 3-4 months is based on $7,500. Thatís the meaning
cheers man
Reply With Quote
  #12856 (permalink)  
Old 26-07-2021, 10:09 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
cheers man
your mum is frontloaded
Reply With Quote

  #12857 (permalink)  
Old 26-07-2021, 10:11 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
cheers man
Thx mannnnn
Reply With Quote
  #12858 (permalink)  
Old 26-07-2021, 11:45 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Frontloaded salary works this way:

Say you are paid $4,500 per month (thatís your base).
But if firms were to pay $4,500 per month, no one would join.

So to entice young associates, they pay $6,000 for instance. But the $1,500 is frontloaded.

Which means when you get your bonus of 2-3 months, it is based on the $4,500 per month. So if you calculated $4,500 x 3 months (bonus) itís equal to $13,500 which is 2.25 months on $6,000 salary.

In firms that donít practice front load, it means your bonus of 3-4 months is based on $7,500. Thatís the meaning
Since this is an expectation problem, one possible solution is for salaries to be stated on an annual comp package like is done in other countries, with expectation that bonus is low, e.g. 0.5 to 1 month residual.

The reason why Singapore job market talks about salaries in monthly rate and not annual is because of our monthly CPF computations.

That said, u can't put lipstick on a pig. Sweatshop means sweatshop, and that's what Singapore law firms are.
Reply With Quote
  #12859 (permalink)  
Old 26-07-2021, 12:49 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Since this is an expectation problem, one possible solution is for salaries to be stated on an annual comp package like is done in other countries, with expectation that bonus is low, e.g. 0.5 to 1 month residual.

The reason why Singapore job market talks about salaries in monthly rate and not annual is because of our monthly CPF computations.

That said, u can't put lipstick on a pig. Sweatshop means sweatshop, and that's what Singapore law firms are.
Why can't you? Those female pigs need to get out there and make pork chops man
Reply With Quote
  #12860 (permalink)  
Old 26-07-2021, 01:26 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Frontloaded salary works this way:

Say you are paid $4,500 per month (thatís your base).
But if firms were to pay $4,500 per month, no one would join.

So to entice young associates, they pay $6,000 for instance. But the $1,500 is frontloaded.

Which means when you get your bonus of 2-3 months, it is based on the $4,500 per month. So if you calculated $4,500 x 3 months (bonus) itís equal to $13,500 which is 2.25 months on $6,000 salary.

In firms that donít practice front load, it means your bonus of 3-4 months is based on $7,500. Thatís the meaning
Also note that if you resign, some firms stop the front load so during your notice your pay will actually be lower.
Reply With Quote
Reply

Bookmarks

Tags
advocate, law, lawyer, legal, solicitor

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
From Lawyer Insider: Life is Glamorous but Unsatisfying Salary.sg Income and Jobs 31 15-01-2018 12:40 PM

» 30 Recent Threads
Lawyer Salary ( 1 2 3... Last Page)
13,637 Replies, 4,583,677 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,665 Replies, 4,345,014 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
471 Replies, 270,905 Views
Compare civil service salary ( 1 2 3... Last Page)
12,551 Replies, 7,329,706 Views
How is life as a doctor in... ( 1 2 3... Last Page)
2,732 Replies, 1,404,922 Views
Asset Management Salary ( 1 2)
18 Replies, 2,870 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,021 Replies, 736,525 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
2,598 Replies, 1,267,974 Views
Comp Science Frsh Grad Salary ( 1 2 3... Last Page)
616 Replies, 95,905 Views
ST Electronics ( 1 2 3... Last Page)
2,331 Replies, 569,136 Views
DBS tech seed programme ( 1 2 3... Last Page)
866 Replies, 218,788 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,058 Replies, 2,516,768 Views
GovTech Tech Associate Program... ( 1 2 3... Last Page)
63 Replies, 34,562 Views
HDB (under MND) ( 1 2 3... Last Page)
456 Replies, 368,946 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,514 Replies, 729,073 Views
GIC (Government of Singapore... ( 1 2 3... Last Page)
327 Replies, 451,936 Views
Career as Teacher ( 1 2 3... Last Page)
3,997 Replies, 2,491,468 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
3,909 Replies, 1,741,335 Views
IMDA (under MCI) ( 1 2 3... Last Page)
112 Replies, 56,705 Views
Banks' Pay and Bonuses ( 1 2 3... Last Page)
350 Replies, 151,462 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,844 Replies, 606,284 Views
Breaking the Letter Of Commitment... ( 1 2 3)
27 Replies, 25,925 Views
High Finance Thread ( 1 2 3... Last Page)
298 Replies, 99,396 Views
Perm to contract, increase > 2k... ( 1 2 3... Last Page)
30 Replies, 3,913 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,266 Replies, 639,739 Views
Unilever UFLP 2018 ( 1 2 3... Last Page)
81 Replies, 23,862 Views
How rich/poor am I compared to... ( 1 2 3... Last Page)
81 Replies, 69,857 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
3,093 Replies, 1,310,042 Views
Starting Pay for CS/Ministries... ( 1 2 3... Last Page)
229 Replies, 106,865 Views
Band 4 and Band 5 in Standard... ( 1 2 3... Last Page)
31 Replies, 33,061 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 11:56 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2