How much do you earn with a 3 year experience?

Originally Posted by facefoam

Someone mentioned in this forum.

Average starting salary $2,500.
Increment 4%, change job every 2 years at 20% increment.
Eventually, 10 years' experience = $5,500.

Change job every 2 yrs to get 20% increase can only try early in career, once hit mid 30s salary >5k very hard to hop ard demanding 20% everytime.

Originally Posted by Unregistered

what industry?

private sector or government sector

78000 with assume 16mth package, with 2 years exp , mean approx 4.8k basic..that is very high man..

what do you mean by increment suck? how much is your annual increment that mean sux to you? how many %

advisory

5%

it's not high considering the ridiculous property price levels now

hdb? have to buy resale cos im earning too much to get a BTO lol

condo? too poor to get one

Originally Posted by zlash

Change job every 2 yrs to get 20% increase can only try early in career, once hit mid 30s salary >5k very hard to hop ard demanding 20% everytime.

Try to hit 10k before mid-thirties and die die stay in the last company and rot while collecting the 10k month in month out. And of course, stay out of trouble and do minimal to make your boss like you enough not to fire you.

Simple strategy to a long and lasting career as a salaryman.

3 years experience in industrial machinery as control/electrical engineer. current paid is $2600.
am i underpaid compare to the other engineer in same field?

Engineering ---

If poly grad:
after 3 years roughly around 2300$

if local uni grad:
after 3 years roughly around 3200$

Originally Posted by Unregistered

Try to hit 10k before mid-thirties and die die stay in the last company and rot while collecting the 10k month in month out. And of course, stay out of trouble and do minimal to make your boss like you enough not to fire you.

Simple strategy to a long and lasting career as a salaryman.

That's going to be a long torture from mid 30s to retirement. Especially with current market condition, it is not easy for someone to earn 10k to last more than 10 years unless you develop special skills or have special knowledge.

Originally Posted by Unregistered

That's going to be a long torture from mid 30s to retirement. Especially with current market condition, it is not easy for someone to earn 10k to last more than 10 years unless you develop special skills or have special knowledge.

The special skills are quite easy to acquire. They include oral ... er ... I mean being articulate and politically savvy. As long as your boss likes you, it doesn't really matter whether you have good skills or mediocre skills.

It's sad that many people don't realize this. Top students think they'll be successful if they keep producing good results and neglect the softer aspects, and at the end they become stagnant engineers.

Originally Posted by Unregistered

The special skills are quite easy to acquire. They include oral ... er ... I mean being articulate and politically savvy. As long as your boss likes you, it doesn't really matter whether you have good skills or mediocre skills.

It's sad that many people don't realize this. Top students think they'll be successful if they keep producing good results and neglect the softer aspects, and at the end they become stagnant engineers.

What happens if the boss changes? This is very common howadays.

Met up several of university engineering coursemates at a friend wedding ceremony after graduating in 2008.

The people who seems to do well in career are those in banks (front-office M&A, trading, risk management roles), (sales, projects) energy/oil firms and management consultancy, as I gather from their cars they drive (a few VW, BMW, audi), super-chio gfs, and recently bought their own place (ECs, studio condos).

Based on above, their total pay should hit at least 100k after 4 years of working.

Originally Posted by Unregistered

Met up several of university engineering coursemates at a friend wedding ceremony after graduating in 2008.

The people who seems to do well in career are those in banks (front-office M&A, trading, risk management roles), (sales, projects) energy/oil firms and management consultancy, as I gather from their cars they drive (a few VW, BMW, audi), super-chio gfs, and recently bought their own place (ECs, studio condos).

Based on above, their total pay should hit at least 100k after 4 years of working.

At least 100k after 4 years of working? Yes for a small % of population in banks..not the average person.

I always find it strange when people judge how successful (at least in monetary terms) based on what car/property a young man/lady purchases...maybe some of them have well off parents who forked out money for them??