Friend at 1PQE (UK scale) who recently left Jones Day said she was getting 10-11k per month.
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Why leave jones day?
and go where next ? |
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b4 in pounds only 3-4k leh |
Aiyoyo, my london rent already 2k pounds.
Still need to eat. 3-4k pounds how to survive. Need to steal pantry food liao. |
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You'll only earn around 66000 pounds after tax. If your rent is 1000 pounds (standard for central London) you earn 54000 pounds. That's about SGD 98,000. If your rent is 2000 pounds, you'll only earn 42,000 pounds a year which is SGD 76,000. Cost of flights twice a year removes a further SGD 4000. Your living expenses will also be a lot higher. |
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B4 £3-4K is pretax preCPf
After deducting the above is how much? Housing also not free. Live with parents as single doesn’t mean is free. Singapore houses also not cheap. |
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So many sinkie partners at international firms. What you smoking
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WTF is this crap "If your rent is 2000 pounds, you'll only earn 42,000 pounds a year which is SGD 76,000" If you make 100,000 pounds and drop 100,000 pounds on lifestyle, you'll only earn 0 pounds a year which is SGD 0 =D |
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yes. it's true you will compound wealth more slowly overseas for a comparable job. but you aren't there because you want to compound wealth, but you want to get ahead on the CV game so you can get a better role when you come back, instead of fighting like rats in B4.
one way to think about living expenses. it is natural to spend more (even lifestyle wise) when you are overseas. do you not spend more when you are travelling? working overseas for a long time is less extreme, but still shares some of that principle. it's easier to just go eat something nice instead of lowballing yourself with a cold sandwich on clearance sale in the downstairs sandwich shop. you didnt go to london to torture yourself. one thing i ask myself is whether the extra $ i save is going with me into my coffin or not. if not, you can just spend it. if you need it desperately to afford your downpayment then no. as long as you arent in extreme poverty, it's a fairly paid shot to accumulate CV points. later on, can redeem at a profit over people who don't invest in their careers now. it's like hearing finance interns comparing whose internship pays $300 versus $600 versus $1.5k. answer is it doesnt matter as long as the cv names look good and the guy lands the $10k starting pay IB job with 9 months bonus. |
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So salty that he has to find ways to justify why his B4 pay is better than Jones Day’s GBP 100k. Continue eating cai png - go listen to Ann & Ben’s song 这个那个这个那个. cause that’s all you’ll be affording |
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Not salty. Imo, the real flex is international rate and sg income tax. UK income tax and cost of living makes it less worth it. |
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You can keep your sh*tty little Ang Mo Kio Ave whatever flat, garbage name and not even real. I'm having prosecco in Battersea, in a real f*cking house. Only uni kids still have £5 meal deals for lunch from Sainsbury's. |
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MC in SG earn quite a bit more - and the US firms on Cravath (Milbank etc) are on 190k USD a year at NQ. |
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Your pay at Jones Day depends on where you join from and your negotiation skills since they don’t pay Cravath nor bonus (so beware). If you join from big your options are limited. But obviously you can use it to jump to another peer US firm after 1-2 years. The ridic amount of **** post in response to a troll who responded GBP is just hilarious!! |
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All this talk about international firms paying Cravath scale, unless you summa/fch, top bar exams and have a good masters (meaning like Harvard Columbia Oxbridge), most people don’t stand a chance. |
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After tax and CPF how much left? Got money take cab after slaving till midnight? Everyone living in parents basement? Sinkie flat got basement? |
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Tax is low. Unless you earn more than $350k a year. But still low by uk standard. So what? Majority of the law grads will have to work in local firm. Unless you’re summa/fch, top bar exams or have top llms. So who cares about Cravath scale salaries. If you can get such firms, you won’t be on this forum. |
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£2.5k only so poor thing, 30k per yr
lai lai how much u want to take away? uk tax rate is 20% for this amt £30k cpf how many % alr? |
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Also, note that having *masters* from top schs like HLS and oxbridge is still, just a masters. Clear attempt to whitewash a normal loca degree |
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