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, 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 (that’s 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) it’s equal to $13,500 which is 2.25 months on $6,000 salary.

In firms that don’t practice front load, it means your bonus of 3-4 months is based on $7,500. That’s the meaning

Thanks bro

Reply With Quote
  #12852 (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 (that’s 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) it’s equal to $13,500 which is 2.25 months on $6,000 salary.

In firms that don’t practice front load, it means your bonus of 3-4 months is based on $7,500. That’s the meaning
Thanks sis

Reply With Quote
  #12853 (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 (that’s 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) it’s equal to $13,500 which is 2.25 months on $6,000 salary.

In firms that don’t practice front load, it means your bonus of 3-4 months is based on $7,500. That’s the meaning
cheers man

Reply With Quote
  #12854 (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
  #12855 (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
  #12856 (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 (that’s 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) it’s equal to $13,500 which is 2.25 months on $6,000 salary.

In firms that don’t practice front load, it means your bonus of 3-4 months is based on $7,500. That’s 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

  #12857 (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
  #12858 (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 (that’s 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) it’s equal to $13,500 which is 2.25 months on $6,000 salary.

In firms that don’t practice front load, it means your bonus of 3-4 months is based on $7,500. That’s 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
  #12859 (permalink)  
Old 26-07-2021, 01:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Also note that if you resign, some firms stop the front load so during your notice your pay will actually be lower.
why? Isnt front load a constant pay?
Reply With Quote
  #12860 (permalink)  
Old 26-07-2021, 01:54 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
why? Isnt front load a constant pay?
No, it's a bonus component so it's technically variable.

Non-payment of bonus during notice period is quite standard for B4.
Reply With Quote
Reply

Bookmarks

Tags
advocate, law, lawyer, legal, solicitor

« Previous Thread | Next Thread »

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
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,905 Replies, 4,736,019 Views
Career as Teacher ( 1 2 3... Last Page)
11,214 Replies, 6,857,136 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
16,136 Replies, 5,118,137 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,055 Replies, 1,091,245 Views
GovTech ( 1 2 3... Last Page)
5,860 Replies, 2,316,424 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,356 Replies, 3,470,242 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,165 Replies, 3,812,434 Views
Lawyer Salary ( 1 2 3... Last Page)
21,169 Replies, 10,482,800 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,688 Replies, 2,397,490 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,510 Replies, 1,405,615 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
755 Replies, 417,442 Views
ST Electronics ( 1 2 3... Last Page)
3,814 Replies, 1,582,153 Views
NUS (National University of... ( 1 2 3... Last Page)
324 Replies, 328,747 Views
Compare civil service salary ( 1 2 3... Last Page)
16,444 Replies, 12,613,723 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,426 Replies, 4,852,187 Views
Working in SMRT ( 1 2 3... Last Page)
41 Replies, 59,044 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,828 Replies, 1,451,162 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,352 Replies, 1,169,268 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
331 Replies, 381,289 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,285 Replies, 640,842 Views
Work culture in CPF board ( 1 2 3... Last Page)
35 Replies, 78,292 Views
Work culture in IHiS ( 1 2 3... Last Page)
723 Replies, 555,965 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
419 Replies, 503,124 Views
Julius Baer Graduate Program 2023 ( 1 2 3... Last Page)
31 Replies, 17,154 Views
DBS tech seed programme ( 1 2 3... Last Page)
3,768 Replies, 1,520,533 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,489 Replies, 807,606 Views
Maritime and Port Authority of... ( 1 2 3)
20 Replies, 20,330 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
825 Replies, 391,416 Views
DBS ACE Programme ( 1 2 3... Last Page)
163 Replies, 83,410 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,057 Replies, 453,070 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 12:00 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2