|
|
20-02-2018, 06:59 PM
|
Junior Member
|
|
Join Date: Feb 2018
Posts: 4
|
|
Quote:
Originally Posted by Unregistered
Pay increment to go in-house? In Singapore, people take paycuts to go in-house because a lot of lawyers are dying to leave Big 4 after a few years of being worked to death. Malaysia must be the land of unicorns.
|
Oh I didnt know that. Well whats the % of pay cut taken to go in house?
Do you know whats the payscale for 4-5PQE at the big 4?
I am expecting a job offer from a german MNC for an in house job in singapore so I need some data to negotiate salary.
|
21-02-2018, 06:36 AM
|
|
Quote:
Originally Posted by themagpie
Oh I didnt know that. Well whats the % of pay cut taken to go in house?
Do you know whats the payscale for 4-5PQE at the big 4?
I am expecting a job offer from a german MNC for an in house job in singapore so I need some data to negotiate salary.
|
Pay cut depends on what the MNC is willing to offer you. 4-5 PQE in Big 4 here gets anywhere between 120-150k SGD p.a. all inclusive. An entry in-house counsel position usually doesn't offer that much (unless you're talking about the finance sector), so that's why a paycut is guaranteed.
|
21-02-2018, 11:47 AM
|
|
Quote:
Originally Posted by themagpie
Oh I didnt know that. Well whats the % of pay cut taken to go in house?
Do you know whats the payscale for 4-5PQE at the big 4?
I am expecting a job offer from a german MNC for an in house job in singapore so I need some data to negotiate salary.
|
If it is a German MNC, and Singapore is a subsidiary expect drawing about SGD 4000 to 6000.
|
21-02-2018, 12:42 PM
|
Junior Member
|
|
Join Date: Feb 2018
Posts: 4
|
|
Quote:
Originally Posted by Unregistered
If it is a German MNC, and Singapore is a subsidiary expect drawing about SGD 4000 to 6000.
|
Wow I didnt expect that low scale. I was looking at Aquis Search salary survey for 2016 online and their monthly salary range for in house commerce role is SGD8-14k for 4-7 years PQE. Is that accurate??
https://www.aquissearch.com/news/sin...de-2016/11655/
|
21-02-2018, 02:30 PM
|
|
Please guys, don’t spread rumors. Going in house is a pay cut. No uplift.
Only time when there is uplift if you become EVP, Legal in say a US$10 billion enterprise. Expect to draw US$1-3M after stock options. Other than that, if you want million dollar pay package, be a big 4 Managing Partner or a Partner in magic circle. Thank you
|
21-02-2018, 03:56 PM
|
|
Quote:
Originally Posted by Unregistered
Please guys, don’t spread rumors. Going in house is a pay cut. No uplift.
Only time when there is uplift if you become EVP, Legal in say a US$10 billion enterprise. Expect to draw US$1-3M after stock options. Other than that, if you want million dollar pay package, be a big 4 Managing Partner or a Partner in magic circle. Thank you
|
Those who say uplift prob too afraid to tell their friends they are taking paycut to go in house. Cos after all this is a reputation industry. No face cannot survive.
|
21-02-2018, 08:44 PM
|
|
going in house - it was an uplift 10% for me.
I went in-house right after being called. Couldn't stand practice. Per hourly rate, I am making much more now. Gross salary too, I get 10% increment.
|
22-02-2018, 12:00 PM
|
|
Some of the bosses claim that millennial generation is lazy, can’t take the heat etc.
Cos millennials want to get thing done the most efficient way.
|
22-02-2018, 01:47 PM
|
|
which law firm, big 4 or international firms, offers the best work-life balance? I am looking to start a family soon.
|
|
|
Posting Rules
|
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» 30 Recent Threads |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|