Give this gold digger a medal

May not be related, but need advice
 

Does anyone have an idea how much salary I should ask for a sourcer/sourcing/talent sourcing role for on of the top mnc internet companies with regional hq in sg? I'm a foreigner with 7 years of apac sourcing experience

Hi all, im currently on a contract job, just 2 months into it. I got a 20% increment when switching to this job.(No bonus).

How much increment for my base pay can i ask for/is reasonable when switching to a perm job in the same field, considering im only 2 months into my new job.(Total years of exp ard 2.)?

I'm 49 and married for 20 years already. My advise would be: Go for the ~100k pa gal.

Civil engineer
Degree holder
2 years experience
Whats the salary range?

What is your job?

Depends where you work in

Consultant- 3-4K max 1 month bonus

Contractor- 4-7k 3-6months bonus

Currently working at local contractor 5k/mth with 4 months bonus

Range is based on friends salary gauge

Got a new job a couple months ago, in the IT sector. Non-management.
Age 33

Base: $176k
Bonus: Up to $40k

What IT role pays $176k base with 7 years experience (assuming you're a local uni grad)? Do VP of IT in BB banks even make that much in base salary?

Lol. Even cyber security folks in banks don't make that much.

Presales. Actually 8 years experience, but yes, local uni grad.
When I first started out, I didn't think I could reach this salary level before I was 35 (at least not in IT sector), but now it would appear that it is not that uncommon...?

I believe VP of IT in BB should earn more than that, actually - but perhaps someone here could confirm.

Yeah agreed should be higher

My wife and I plan to retire soon.
We have $500k for us to retire on from age 55 to 65.
When we reach 65, we will receive $4k pm ($2k pm each) from our CPF Life.
Our condo is fully paid up.
We can retire comfortably as we don’t plan to own a car and we will cook delicious healthy dishes at home by ourselves.
We plan to exercise regularly, take up new hobbies, read, etc during our retirement.
We look forward to our retirement after working so hard at school (15 years) and at work (30 years).
Time to relax and smell the roses.
Our children are grown up and can take care of themselves.
We don’t pamper them. They are strong, independent individuals. We are proud of them.

M:40, 200k, ICT sector, NUS MBA
F:36, 100k, education sector, MOE Degree

26 years old fresh grad, $3000

will i be able to hit a decent salary by 30?

YOu will only be paid as much as your employers think you are worth. So get moving improving your worth. Good Luck!

Every year increase about 300, by 30 you should be earning 4200

30 Year Old Male

4k monthly (before 20% employee's CPF excluding 17% employer CPF)

Bonus typically is 2 months (no 13th month)

Private degree

30 years old as well

6k monthly (before 20% employee's CPF excluding 17% employer CPF)

Bonus typically is 1 month (no 13th month)

That's a decent salary, married / single? I am 30 (turning 31 this year) earning 4k take home...

Supporting family as an only child, unable to find local girl who can accept my salary

26 this year, salary 5.1K/mth. Typically 3-4 months of bonuses, but probably gonna get cut cuz of poor economy, can't complain tho. Working in public sector.

Fortunate, work very hard
 

M, 30, 20k pm base, with ~10% bonus and some equity.
Started in Singapore company at 25 and worked upward, 2-3 job changes.
Ppl always "wah make so much"
but really just work hard (very, very hard), stop comparing and complaining, when opportunity rears its head, think hard, then take and go.
i didn't take any opportunity which came, some paid more but also more risky.
and high pay is good but you have different sets of problems linked to such salary (primarily stress and hours)
Not finance.

Married, spouse does not make as much, she works hard too although my total hours are longer.

We are still pretty frugal compared to what i see from some friends from normal jobs.

How you work upward?

28 M 10k per month. Thinking of changing job. Is market now good?

what a joke.. earning 10k/mth and living in a bubble ?

I have a question please

Just sharing
 

I'm one of those who never found time to do degree after NS, need to support family. So, 15 yrs later at 36...

Diploma
128k/pa
Private, Revenue Ops

Hard work. No one ever asked me of my education since my first job in 2005.

What do you thinks about this personal accident insurance for a banker in Singapore who earns 60K$ ? https://www.axa.com.sg/personal-accident

Mindful Sg- Looking For: Professional Therapists/ Psychologists with experience
 

Hi there,

Mindful is a virtual mental health services provider that works with businesses to provide mental care to employees during the Covid-19 crisis.

They are looking for professional therapists/ Psychologists with experience.

Interested individuals please email [email protected]

27, been working 1 year. 120k base, 8 months bonus.

26 female 150k pa in insurance 8 months bonus + 15% commissions

Me & Wife ages 50, with 2 teenagers
Worked in US MNC
Just checked last year IRAS assessment
Household income $650 K

I have been happily married for over 30 years. Our two kids have graduated and are now working.

My wife and I stayed in the same halls at NUS. When we first started work 35 years ago, our salary were about the same and for some a few years, our salaries grew almost in tandem. When I went overseas to get a Masters degree, she quit her job to follow me and look after our children who were just 4 and 1 yo.

Because of that sacrifice, when we returned and my wife re-joined the workforce, her salary growth trajectory was affected. While my salary growth trajectory was quite steep (accompanying a few promotions along the way) her salary increment each year was very modest. A few years later, she went for her Masters degree and earned a promotion as well.
Our combined earned income is currently $500k pa and another $200k pa of passive income.

So is it good to marry a capable wife? Answer is a resounding yes. A capable wife :
1 keeps you on your toes,
2 challenges you to constantly improve yourself,
3. can hold meaningful debates on current affairs and other important matters
4. helps you cover "blind spots" in decision making whether in investment, career moves etc..
5. can help home tutuor your children all the way to uni. Both our kids dont have external tuition.
6. accelerates your wealth build up (my wife played a big part in our $200k pa passive income)
7 have a good network of equally capable friends that together can enhance your knowledge as well as in important contacts
8. removes the stress of being the sole bread winner in the family
9. brings with her, her own rich experience of work and life to enhance yours
10 can help contibute significantly in big investments like property purchases, stocks and others.

I count my blessings daily for a full and happy life, and my capable wife plays a huge part in it.

An important caveat here. If you are not able to match up to your wife's intellect, work ethic, capability and ambition, you will be very miserable. For example if you are a laid back bum with little ambition, you should know what kind of women to avoid in marriage.

Show tax return or this is fake as ****. Poster probably not even married.

Yah, you're right.

What's the point to prove to unbelievable and egoistic person like you ah.

You may continue to believe in mediocre lifestyle.

yet you came into the forum to write a long essay devoting ur life to an imaginary wife. hehe

Guys, I am trying to understand which part of my sharing (post #11873) that you find hard to believe. Is it the part on our earned income, our over 30 years of wedded bliss or our passive income? Or all of it?

If it is about the earned income part, our income tax is around $36k a year or roughly $3k per month. Just to give you a sense where our income put us, individually we are no where near the top earners in S'pore.

Below is from IRAS filing for 2014 (see post #9773)

For year ending 2014 (The figures are 6 years ago. I am sure the numbers should be much higher now)

Assessable Income. / No.of People
(Gross income less deductibles)

$1m and above / 4557
$500k to $1m / 14,757
$400k to $500k / 11,479
$300k to $400k / 24,268
$200k to $300k / 59,346
$150k to $200k / 70,315
$100k to $150k / 158,244
$80k to $100k / 120,538
$70k to $80k / 86,370
$60k to $70k / 115,089
$50k to $60k / 162,440
$40k to $50k / 224,042
$30k to $40k / 288,519
$25k to $30k / 136,256
$20k to $25k / 71,842
Below $20k - no tax.

Total no. of people : 1.548 m

44, Banking professional

Basic $300K bonus $100K

Its been almost 10 years!!
 

Hi guys, above was my very first post to this forum made on 20 Sep 2010! A good 9 years and 7 months ago. I do come to "visit" and contribute to this forum once a while, though very infrequently. I mostly visited when I was at airport lounges while transiting between countries. Today, WFH, so a "special" visit and an update!

Then in 2010, as an old "fart" manager I saw my salary stagnated at $200k pa. I was 50 yo then. Now at 60, I am happy to report that the company had made a few adjustments to my salary over the years and my salary last year was $300k. Never say never!

9 years ago, our networth was around $5M and passive income was negligible, early this year our networth "kissed" $8M shortly but dropped back to $7.6M (no thanks to Covid 19). And our passive income hit an all time high of $200k last year. This year, we are anticipating it to be halved! Ouch! Though the passive income for the first quater (Jan to Mar 20) was still good riding on the momentum of last year, it came in at $45,000.

Must say the quality of the postings in this forum has deteriorated greatly over the years. It started off with great promise for readers to share and learn from others, the income earned in their various professions albeit anonymously. Many early posters were genuine and earnest but because posters can remain anonymous, the whole thing quickly degenerated into worthless and mindless delusional posts. I just wonder what these posters get out of this??

I did have some useful exchanges with a few forumers here in discussing investment and about the CPF. I believe we did learn from each other. However each time and very quickly we see our exchanges hijacked and derailed by trollers and other insincere posters.

Then there is this one or two posters who kept repeating the same post over and over again. Not sure if he has mental issue??

Ok, I think I have said enough. Stay home, stay safe!

We will get through this crisis and emerge stronger!

Wa so envious of all your salaries~ I worked for 6-7 years, F, with a post grad deg, only drawing 60-ish (depending on bonus) p.a. Maybe cause I started with audit where starting pay then was about mid 2k.