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How much are you earning per annum?

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  #12461 (permalink)  
Old 30-07-2021, 10:15 PM
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I feel blessed

Job: Staff Software Engineer at a tech company
TC: 240K (mostly due to stock appreciation)
My tax is gonna blow up next year.
I often see staff engineer title.
Is this rank higher than senior engineer?
Like principle engineer?

I am just senior engineer
Earning only 116kpa after bonuses
Feel stagnant already.

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  #12462 (permalink)  
Old 31-07-2021, 01:52 AM
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How many of you feel that Singapore has declined significantly over the last decade? Stagnant pay not keeping up with inflation (except for politicians), rising GST tax and threat of future income taxes raises, rising hdb prices, cecas threatening to take our professional jobs, murderous crazy teens running amok in our midst, and such.

If you ask me ten years ago if I could see Singapore in such a sad state, I would have laughed in your face. Or do we just pop a xanax and see everything through rose-tinted glasses as we were taught in schools to do?
its more like in the early days singapore leapfrogged but now others have leapfrogged over us.

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  #12463 (permalink)  
Old 31-07-2021, 01:54 AM
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its more like in the early days singapore leapfrogged but now others have leapfrogged over us.
people are too comfortable to want to work the extra mile to leapfrog anymore

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  #12464 (permalink)  
Old 01-08-2021, 12:21 PM
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Age: 33
Total comp: 275K PA
Industry: management consulting
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  #12465 (permalink)  
Old 01-08-2021, 01:19 PM
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Age: 33
Total comp: 275K PA
Industry: management consulting
Hi! Management consulting generally deal with what?
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  #12466 (permalink)  
Old 01-08-2021, 01:41 PM
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any idea how's the salary for investment analyst/fund manager in a fund of fund compared to a direct investment role?
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  #12467 (permalink)  
Old 01-08-2021, 03:46 PM
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How many of you feel that Singapore has declined significantly over the last decade? Stagnant pay not keeping up with inflation (except for politicians), rising GST tax and threat of future income taxes raises, rising hdb prices, cecas threatening to take our professional jobs, murderous crazy teens running amok in our midst, and such.

If you ask me ten years ago if I could see Singapore in such a sad state, I would have laughed in your face. Or do we just pop a xanax and see everything through rose-tinted glasses as we were taught in schools to do?
I totally disagree with that. The issue is not about stagnant pay but rather the increasing mediocrity of jobseekers coupled with 1) increased competition for well paying jobs and 2) alot of grads are caught in traditional jobs which are primed for disruptions.

I have seen good people joining tech with a starting package of $100k p.a. but these are few and far between. But there are many average joe in accounting and finance or business degrees which are primed for disruption and automation.
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  #12468 (permalink)  
Old 01-08-2021, 03:46 PM
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any idea how's the salary for investment analyst/fund manager in a fund of fund compared to a direct investment role?
Typically lower
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  #12469 (permalink)  
Old 02-08-2021, 03:49 PM
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27-29: Mezzanine Financing at an international Bank. Left earning exactly 73k.

29 - 32: Investment Analyst at the current fund. Got very fortunate jump to 100k when i first joined. Promoted at 30 to Senior Assoc. Promoted at 32 to portfolio manager, which included a pay adjustment up to 160k.
Maybe just a quick footnote here: i am the beneficiary of my current portfolio manager going back to her home country, and her putting in a recommendation for me to take her role.

Started at 27 because I undertook my MFE over at CMU right after local undergrad here in SG. But don't think this has any bearing on promotion trajectory
Portfolio manager gets only $160k per annum? That seems even lower than many mid-career professional in tech.
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  #12470 (permalink)  
Old 02-08-2021, 06:35 PM
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Portfolio manager gets only $160k per annum? That seems even lower than many mid-career professional in tech.
I highly doubt that. My brother and a cousin are in big tech and we share our salaries.
They tell me that the world likes to inflate their perceived salary for them.

Or unless your definition of mid-career is having worked 12-15 years.

Of course unless you’re doing IT Sales, like convincing an entire company to use HP for their staff etc, then I agree.
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