How much are you earning per annum? - Page 65 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




How much are you earning per annum?

Reply
 
Thread Tools
  #641 (permalink)  
Old 15-06-2011, 06:15 PM
Unregistered
Guest
 
Posts: n/a
Default

My career (total incl bonus):
23yrs old: finished U with graduate degree overseas
24yrs old: IT S$76K at Global IT Firm overseas
30yrs old: IT S$100K at Global Financial Firm overseas
31yrs old: IT S$110K Lecturer at Local University
35yrs old: Banking S$170K at Global Financial Firm
38yrs old: Banking S$476K at Global Bank #1
41yrs old: Banking S$900K at Global Bank #2
48yrs old: Banking S$400K at Global Financial Firm
50yrs old: Banking S$500K at Local Financial Firm

Reply With Quote
  #642 (permalink)  
Old 16-06-2011, 12:33 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
My career (total incl bonus):
23yrs old: finished U with graduate degree overseas
24yrs old: IT S$76K at Global IT Firm overseas
30yrs old: IT S$100K at Global Financial Firm overseas
31yrs old: IT S$110K Lecturer at Local University
35yrs old: Banking S$170K at Global Financial Firm
38yrs old: Banking S$476K at Global Bank #1
41yrs old: Banking S$900K at Global Bank #2
48yrs old: Banking S$400K at Global Financial Firm
50yrs old: Banking S$500K at Local Financial Firm
Do you have any advice to give to fresh grads wanting to replicate your great success? Thanks for sharing.

Reply With Quote
  #643 (permalink)  
Old 16-06-2011, 03:53 PM
Unregistered
Guest
 
Posts: n/a
Default

As you can see, I languished for many years in IT before earning much more as a banker. The key transition was my stint as a lecturer, where I gained a lot of confidence in public speaking. That helped my banking career. For the better jobs, you need EQ, not just IQ.

Reply With Quote
  #644 (permalink)  
Old 16-06-2011, 03:59 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
As you can see, I languished for many years in IT before earning much more as a banker. The key transition was my stint as a lecturer, where I gained a lot of confidence in public speaking. That helped my banking career. For the better jobs, you need EQ, not just IQ.
looks like u earn 900k per annum, how come switch job and willing to reduce ur pay? is it because previous job need to hit target?
Reply With Quote
  #645 (permalink)  
Old 16-06-2011, 04:08 PM
Verified Member
 
Join Date: Jul 2010
Posts: 22
laguna is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
My career (total incl bonus):
23yrs old: finished U with graduate degree overseas
24yrs old: IT S$76K at Global IT Firm overseas
30yrs old: IT S$100K at Global Financial Firm overseas
31yrs old: IT S$110K Lecturer at Local University
35yrs old: Banking S$170K at Global Financial Firm
38yrs old: Banking S$476K at Global Bank #1
41yrs old: Banking S$900K at Global Bank #2
48yrs old: Banking S$400K at Global Financial Firm
50yrs old: Banking S$500K at Local Financial Firm
It is not just a question of how much u can earn, that is your IQ and EQ. But also how fast and how much u can grow u wealth, that is your FQ
Reply With Quote
  #646 (permalink)  
Old 16-06-2011, 06:42 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
My career (total incl bonus):
23yrs old: finished U with graduate degree overseas
24yrs old: IT S$76K at Global IT Firm overseas
30yrs old: IT S$100K at Global Financial Firm overseas
31yrs old: IT S$110K Lecturer at Local University
35yrs old: Banking S$170K at Global Financial Firm
38yrs old: Banking S$476K at Global Bank #1
41yrs old: Banking S$900K at Global Bank #2
48yrs old: Banking S$400K at Global Financial Firm
50yrs old: Banking S$500K at Local Financial Firm
@ your age of 24, which suggest its in year of 1985
for someone who earn $76k, you must have earn really REALLY ALOT.. Too much to be believable.

I believe in current economy, fresh grad may be able to earn this much if he is a high flyer with a very KILAT degree, perhaps a Master in some field, IT/Aviation, but not @ 1985
Reply With Quote

  #647 (permalink)  
Old 16-06-2011, 11:00 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
@ your age of 24, which suggest its in year of 1985
for someone who earn $76k, you must have earn really REALLY ALOT.. Too much to be believable.

I believe in current economy, fresh grad may be able to earn this much if he is a high flyer with a very KILAT degree, perhaps a Master in some field, IT/Aviation, but not @ 1985
Maybe he accounted for inflation. Haha. But yeah, $76k as starting salary in today's market for IT (specifically) is already a stretch; in 1985, that would have put him in the top bracket of earners fresh out of school. Not impossible, but extremely doubtful. He could have paid for a HDB flat in full within a year of graduation.


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #648 (permalink)  
Old 16-06-2011, 11:09 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Maybe he accounted for inflation. Haha. But yeah, $76k as starting salary in today's market for IT (specifically) is already a stretch; in 1985, that would have put him in the top bracket of earners fresh out of school. Not impossible, but extremely doubtful. He could have paid for a HDB flat in full within a year of graduation.
I may be mistaken but it seems he was working overseas? and might have used the conversion rate during that point in time?
Reply With Quote
  #649 (permalink)  
Old 17-06-2011, 09:00 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
looks like u earn 900k per annum, how come switch job and willing to reduce ur pay? is it because previous job need to hit target?
No, was retrenched. After that I decided to do a different job that required less travel.
Reply With Quote
  #650 (permalink)  
Old 17-06-2011, 09:08 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I may be mistaken but it seems he was working overseas? and might have used the conversion rate during that point in time?
Yes. Exactly right. I used the SGD conversion rate at that time, which was a lot higher than now. My salary was considered good at the time, but not extraordinary for an IT job at one of the largest tech firms in the world. In fact, my starting salary was only slightly better than when I was a summer intern there. Other Singaporeans who went into banking had higher starting salary than me. What I did discover is that in tech firms, your salary doesn't rise very quickly no matter how well you do.
Reply With Quote
Reply

Bookmarks

Tags
bond, bond breaking, income pa, lawyer, saf

« Previous Thread | Next Thread »

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Industries with Highest Proportion Earning 5-Figure Monthly Income Salary.sg Income and Jobs 25 23-04-2021 10:40 PM
Lawyer earning $25k/mth forged $65k payslip to get job Salary.sg Income and Jobs 2 30-12-2011 02:42 PM

» 30 Recent Threads
GovTech ( 1 2 3... Last Page)
5,830 Replies, 2,310,416 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,352 Replies, 1,168,291 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
16,124 Replies, 5,114,369 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
331 Replies, 380,889 Views
Career as Teacher ( 1 2 3... Last Page)
11,212 Replies, 6,852,820 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,047 Replies, 1,089,713 Views
ST Electronics ( 1 2 3... Last Page)
3,812 Replies, 1,580,950 Views
Lawyer Salary ( 1 2 3... Last Page)
21,162 Replies, 10,478,324 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
751 Replies, 416,572 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,685 Replies, 2,394,936 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,164 Replies, 3,809,509 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,827 Replies, 1,449,731 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,508 Replies, 1,404,387 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,903 Replies, 4,733,555 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,285 Replies, 640,182 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,353 Replies, 3,467,702 Views
Work culture in CPF board ( 1 2 3... Last Page)
35 Replies, 78,199 Views
Work culture in IHiS ( 1 2 3... Last Page)
723 Replies, 555,454 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
419 Replies, 502,816 Views
Compare civil service salary ( 1 2 3... Last Page)
16,441 Replies, 12,607,802 Views
Julius Baer Graduate Program 2023 ( 1 2 3... Last Page)
31 Replies, 17,038 Views
DBS tech seed programme ( 1 2 3... Last Page)
3,768 Replies, 1,519,841 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,489 Replies, 807,202 Views
Maritime and Port Authority of... ( 1 2 3)
20 Replies, 20,269 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
825 Replies, 390,678 Views
NUS (National University of... ( 1 2 3... Last Page)
323 Replies, 328,492 Views
DBS ACE Programme ( 1 2 3... Last Page)
163 Replies, 83,323 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,057 Replies, 452,751 Views
ITE (lecturer) ( 1 2 3... Last Page)
279 Replies, 393,728 Views
Any Ministry or Statboard still... ( 1 2)
12 Replies, 12,722 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 06:28 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2