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How much are you earning per annum?

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  #1381 (permalink)  
Old 28-03-2012, 09:33 AM
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Engineering provides good rigorous training and skills for a variety of careers. The idea is to get an engineering degree with good honors, but do not stay in an engineering job or pursue an engineering career if you want big money.

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  #1382 (permalink)  
Old 29-03-2012, 02:48 PM
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Can anyone share what's the basic salary like for someone with 5 years' working experience? Can be from public or pte sector.


Thanks.

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  #1383 (permalink)  
Old 29-03-2012, 03:20 PM
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Quote:
Originally Posted by Unregistered View Post
Can anyone share what's the basic salary like for someone with 5 years' working experience? Can be from public or pte sector.


Thanks.
I also wanted to know!!

Please also state the following:

-Starting pay
-Last drawn basic after 5 years(please also include the annual salary too)
-How many promotion
-What industry

I start 1st:
-starting = 2.9k(in 2007)
-after 5 years = 3.8k(annual ~68k, all bonus+stock option)
-1 promotion
-local GLC(manufacturing)


Last edited by Bean; 29-03-2012 at 03:22 PM.
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  #1384 (permalink)  
Old 29-03-2012, 08:57 PM
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Lemme guess. You're the uncle driving that Ferrari.
Oh yes, and you are probably who the police are looking for....
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  #1385 (permalink)  
Old 29-03-2012, 09:02 PM
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Originally Posted by Unregistered View Post
Yah right... R are you a student recruitment officer at NUS/NTU engineering faculty?
Even if what you boast of is true... you are just an outlier among the statistics for engineering graduates... How many engineers can earn 480k a year?? Most engineers can't even smell 100k a year... Pathetic...
There are many engineers getting 150-200 k per annum. You just need to be in the right company/industry.....working for Oil majors.... but you need more than 10 yrs exp to get there


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  #1386 (permalink)  
Old 29-03-2012, 09:07 PM
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Quote:
Originally Posted by Bean View Post
I also wanted to know!!

Please also state the following:

-Starting pay
-Last drawn basic after 5 years(please also include the annual salary too)
-How many promotion
-What industry

I start 1st:
-starting = 2.9k(in 2007)
-after 5 years = 3.8k(annual ~68k, all bonus+stock option)
-1 promotion
-local GLC(manufacturing)
starting = starting 3.2k
6.5 after 5 years, total 120k
1 promotion
MNC
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  #1387 (permalink)  
Old 29-03-2012, 09:41 PM
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Quote:
Originally Posted by Unregistered View Post
starting = starting 3.2k
6.5 after 5 years, total 120k
1 promotion
MNC
wow how did you manage to hit 6.5k in just 5 years?

you jump ship to another company? or in banking/IB? oil/gas engineering?


my boss only manage to hit 130k after 17 years with my conpany with degree with last 5 years A grader consistently!!!
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  #1388 (permalink)  
Old 29-03-2012, 09:54 PM
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Banker. Relationship manager. Director level. 11 years banking sales experience. Degree in Banking and Finance. 1st tier foreign bank for the last 7 years. Doing very well on job. Im a tough cookie.

Basic SGD135K
Commission SGD 250K- SGD 350K

This year projected SGD550K pa
Last year total about SGD450Kpa
Previous year total about SGD400Kpa
2009 about SGD350K
2008 about SGD300K
2007 SGD200K
2006 SGD150K
2005 SGD110K
2000 - 2004 V v stressful, long hours, no life sale position with local bank SGD50K-SGD100K

Lots of stress and most peers cannot last beyond 3-5 years in same company same job. Hope to last another 10 years...
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  #1389 (permalink)  
Old 29-03-2012, 10:54 PM
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Banker. Relationship manager. Director level. 11 years banking sales experience. Degree in Banking and Finance. 1st tier foreign bank for the last 7 years. Doing very well on job. Im a tough cookie.

Basic SGD135K
Commission SGD 250K- SGD 350K

This year projected SGD550K pa
Last year total about SGD450Kpa
Previous year total about SGD400Kpa
2009 about SGD350K
2008 about SGD300K
2007 SGD200K
2006 SGD150K
2005 SGD110K
2000 - 2004 V v stressful, long hours, no life sale position with local bank SGD50K-SGD100K

Lots of stress and most peers cannot last beyond 3-5 years in same company same job. Hope to last another 10 years...
Well done. I'm sure not all sales can be like yourself. Based on your observation, how many % of RMs in a cohort can make it to your level? How many will remain mediocre? Will all make at least 100k after a few years?
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  #1390 (permalink)  
Old 29-03-2012, 11:39 PM
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Quote:
Originally Posted by Bean View Post
wow how did you manage to hit 6.5k in just 5 years?

you jump ship to another company? or in banking/IB? oil/gas engineering?


my boss only manage to hit 130k after 17 years with my conpany with degree with last 5 years A grader consistently!!!
Have been very loyal, as the company is looking after me well. However, there are people in sales and marketing, banking who draws this kind of package easily too. Personally do not believe that jumping ship every few years to get some increment will work out in the long run.
Btw, i am in engineering .....oil and gas though with first class hons
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