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08-06-2014, 03:15 PM
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Early 30s.
Earn 100k/yr incl. performance bonus.
Working in finance sector. Holding multiple post grad degrees.
Own commercial and private props. Inheritence.
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27-03-2018, 07:39 PM
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Quote:
Originally Posted by Unregistered
The pay difference appears to be due to industry. I have a masters as well and also in O&G. My base salary was similar to yours at 2 years mark. Currently I have close to 4 years now, its around 75k.
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4 years experiences earning 75k per annum, it’s pretty good. Are you working with one of the oil majors?
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27-03-2018, 08:10 PM
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Quote:
Originally Posted by Unregistered
4 years experiences earning 75k per annum, it’s pretty good. Are you working with one of the oil majors?
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Yes I am. I will be due for promotion later this year so will exceed 80k by then.
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27-03-2018, 11:11 PM
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Quote:
Originally Posted by Unregistered
The pay difference appears to be due to industry. I have a masters as well and also in O&G. My base salary was similar to yours at 2 years mark. Currently I have close to 4 years now, its around 75k.
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Apologies.. It should be around 60k if including bonus, a 5% pay cut essentially. So apparently a master degree & transferable skills that i earned from previous role in the O&G company (a PM related role) doesnt help on the career switching...
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28-03-2018, 07:45 AM
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Quote:
Originally Posted by Unregistered
Apologies.. It should be around 60k if including bonus, a 5% pay cut essentially. So apparently a master degree & transferable skills that i earned from previous role in the O&G company (a PM related role) doesnt help on the career switching...
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I think you are at an early stage of career for the masters to have any effect. I have had similar issue when I took my masters back then. However I still managed to get an increment and career switch after that.
Any reason why you left the role in O&G? Right now it is hard for me to leave because the next employer has to pay me over 110k for 4 years experience.
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28-03-2018, 11:05 AM
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Quote:
Originally Posted by Unregistered
I think you are at an early stage of career for the masters to have any effect. I have had similar issue when I took my masters back then. However I still managed to get an increment and career switch after that.
Any reason why you left the role in O&G? Right now it is hard for me to leave because the next employer has to pay me over 110k for 4 years experience.
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I left my job to finish my master full time, no plan to go back O&G so i have this struggle. I believed the pay cut was due to the fact tat i am starting fresh in my new role so i have hit the upper salary range for this position.
Not sure if jump within O&G still work for you as i know some oil manufacturing MNC freeze pay for 3 years straight. Unless you switch out from engineering, those big MNC with great benefits they probably can afford to hire you. One of my ex-colleague switch to technical analyst in JP with no pay cut, and another one to P&G supply chain with 20%++ jump, all with 2 years experience in O&G
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28-03-2018, 11:18 AM
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Quote:
Originally Posted by Unregistered
I think you are at an early stage of career for the masters to have any effect. I have had similar issue when I took my masters back then. However I still managed to get an increment and career switch after that.
Any reason why you left the role in O&G? Right now it is hard for me to leave because the next employer has to pay me over 110k for 4 years experience.
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I left my job to take my master full time. So far no plan to go back O&G so the struggling. I believed the pay cut was due to the fact tat i am starting fresh in my new role and i have hit the upper salary range of the new position.
I am not sure whether jump within O&G still work for you as i know some oil manufacturing MNC have frozen pay for 3 years straight. Unless you switching out of O&G and to other big MNCs with great benefits, they probably will be able to afford you. I have friends jump to JP as technical analyst with no pay cut, another one jump to P&G with 20%++ pay inc, all with 2 years experiences. Not to mention the semicon company M (this year fresh grad with 1st class honors starting basic pay is 4k). It really depends whether your skill is transferable..
P/S: all me and my friends are not from IT
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28-03-2018, 01:28 PM
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Local GLC
Start = 2900
Year 1 = 3002
Year 2 = 3108
Year 3(inclusive promotion) = 3342
Annual salary inclusive AWS = 53472
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