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  #5241 (permalink)  
Old 08-05-2020, 12:28 PM
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What are the details
There are no details, this is just fearmongering.

Neither baker nor WP have announced retention yet.

Would really advise anyone to not rely on any information in this forum.

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  #5242 (permalink)  
Old 08-05-2020, 06:55 PM
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Agreed. Retention for the so-called MBFC big firm is not announced. It will also
not be 0%.

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  #5243 (permalink)  
Old 08-05-2020, 07:53 PM
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Can’t speak for local firms.

Only international. Just rmb that international firm depends on global business for survival.
Meaning they are pretty much shielded if one country is dead for example.
But not when the entire global economy is experiencing a pandemic.
There is no longer any buffer

The high salary that you earn in international is because of this global firepower - charge out in US dollar rather than local currency.

If the global pandemic is prolonged, then naturally the international firms will bear the brunt.

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  #5244 (permalink)  
Old 09-05-2020, 12:00 AM
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Anyway the first time I was retained by a certain $7,500 firm in MBFC I felt a great sense of exuberance. But this was short-lived for many reasons.
The person who was not retained actually went on to a certain firm paying $14,000.
So such is life.


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  #5245 (permalink)  
Old 09-05-2020, 06:15 AM
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heard rodyk not retaining anyone this year?
Can confirm.
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  #5246 (permalink)  
Old 09-05-2020, 10:52 AM
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Can confirm.
How big was Rodyk's TC batch this year? Whole batch never retain? Surely some departments must need people right, like litigation. Expect all the covid related lawsuits to come
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  #5247 (permalink)  
Old 09-05-2020, 11:04 AM
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Anyway the first time I was retained by a certain $7,500 firm in MBFC I felt a great sense of exuberance. But this was short-lived for many reasons.
The person who was not retained actually went on to a certain firm paying $14,000.
So such is life.
Damn. Can’t believe some people are earning double or even triple of what others earn.
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  #5248 (permalink)  
Old 09-05-2020, 02:35 PM
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Damn. Can’t believe some people are earning double or even triple of what others earn.
yeah, but white shoe firms (sg office) are offering even higher than mc firms (20+k base for 1+ year PQE).
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  #5249 (permalink)  
Old 09-05-2020, 03:56 PM
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yeah, but white shoe firms (sg office) are offering even higher than mc firms (20+k base for 1+ year PQE).
how many can get it
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  #5250 (permalink)  
Old 09-05-2020, 05:27 PM
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how many can get it
I am a fch and I know a lot of my peers who are getting that amount
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