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08-12-2019, 12:23 PM
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Bonuses so little. Go to any private organisation their bonuses are do much higher then what government workers get
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08-12-2019, 02:42 PM
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Doctors or lawyers or bankers get paid more with 10 years experience?
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08-12-2019, 05:54 PM
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Quote:
Originally Posted by Unregistered
Doctors or lawyers or bankers get paid more with 10 years experience?
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Top lawyers >> top doctors
Average lawyers > average doctor
Mediocre lawyer < mediocre doctor
Where “>” is greater than and “<“ is lesser than.
The standard deviation of doctor income is narrower.
Every medical graduate has a job even the mediocre ones, pays about 5k.
On the other hand lawyers may not even get tc especially for the mediocre ones.
However, good things dont last. A few years in, a senior associate will usually earn as much as a restructured hosp consultant.
When the top lawyer becomes partner, his/her pay is also more than that of a enterprising specialist in pte practice.
So it depends whether are average or not. Average choose medicine. Great calibre law is better
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08-12-2019, 11:18 PM
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Quote:
Originally Posted by Unregistered
Top lawyers >> top doctors
Average lawyers > average doctor
Mediocre lawyer < mediocre doctor
Where “>” is greater than and “<“ is lesser than.
The standard deviation of doctor income is narrower.
Every medical graduate has a job even the mediocre ones, pays about 5k.
On the other hand lawyers may not even get tc especially for the mediocre ones.
However, good things dont last. A few years in, a senior associate will usually earn as much as a restructured hosp consultant.
When the top lawyer becomes partner, his/her pay is also more than that of a enterprising specialist in pte practice.
So it depends whether are average or not. Average choose medicine. Great calibre law is better
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Law is better in general.
Also the top earners in Law are WAY out in front of doctors. Even the PAP ministers don't use doctors salaries as part of their benchmark for their own salaries. But they do use Lawyers salaries.
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09-12-2019, 12:52 AM
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Quote:
Originally Posted by Unregistered
Law is better in general.
Also the top earners in Law are WAY out in front of doctors. Even the PAP ministers don't use doctors salaries as part of their benchmark for their own salaries. But they do use Lawyers salaries. |
Absolutely right. lawyers are better in general.
The keyword is general. But you must consider the subgroup analysis.
If you are on this forum, chances is that you are mediocre, so medicine is a better prospect.
The bottom decile of doctor is earns better than bottom decile of lawyers.
Although i admit that the both median and mean salary lawyers are superior.
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09-12-2019, 05:21 AM
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Quote:
Originally Posted by Unregistered
Absolutely right. lawyers are better in general.
The keyword is general. But you must consider the subgroup analysis.
If you are on this forum, chances is that you are mediocre, so medicine is a better prospect.
The bottom decile of doctor is earns better than bottom decile of lawyers.
Although i admit that the both median and mean salary lawyers are superior.
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Bottom decile is bottom 10%. Means the crap. They deserve to be paid badly regardless what field it is.
Why would anybody even attempt to compare fields using the lousiest performers? Unless they belong to that group themselves.
I am certainly not in my bottom decile and cant ne bothered what that group makes.
Aim high or dont aim at all.
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09-12-2019, 05:52 AM
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I'm an accountant and I earn more than the lawyers and doctors 100%
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09-12-2019, 08:37 AM
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Quote:
Originally Posted by Unregistered
I'm an accountant and I earn more than the lawyers and doctors 100%
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That's awesome. Congrats!
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09-12-2019, 11:22 AM
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Quote:
Originally Posted by Unregistered
Absolutely right. lawyers are better in general.
The keyword is general. But you must consider the subgroup analysis.
If you are on this forum, chances is that you are mediocre, so medicine is a better prospect.
The bottom decile of doctor is earns better than bottom decile of lawyers.
Although i admit that the both median and mean salary lawyers are superior.
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What's the mean and median salary for lawyers?
My understanding is that there is a huge variation, depending on whether you work for a local firm or an international firm.
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