How much are you earning per annum?

Originally Posted by Unregistered

have anyone been headhunt before? normally how much more do they offer in terms of per annum?

and how do they even know u are working in what company at the first place??

Depend on what you mean by headhunt. If your annual pay <350k these are just glorified agents looking to fill up jobs then the common place is trhough JobsDB, Jobstreet, Linkedin etc.

If you mean real headhunting on exec level, then you don't need to do anything as these guys are very resourceful and will somehow know of your existence either through professional forums, word of mouth or industrial epsionage.

[Dayer]

I work as a freelance writer. My salary depends on project.

Age:39
Salary: 84k basic
Title: COO
Exp: 10 yrs

Age: 31
Income in 2012: 108K
Home: OCR condo
Assets: industrial property
Cash: 20K
Family: married, but in different continents
Transport: no car. MRT and bus and walk

But I still feel poor. No money to buy car with the new tight car financing measures. No money to upgrade with the cooling measures. Tried shares and forex but terrible at it.

Not happy with my financial state or life. Hate public transport with all the crowds but have to tahan. Feel stuck in so many ways

Mind sharing what do you work as?

i've benefited from the salary information on this forum, so here's my contribution:

age: 29
industry: oil and gas
job: trading (5+ years of experience)
gross annual income: 95k fixed + 55k variable bonus + 2-3k various allowances

also earning side income from renting out an apartment i bought with my cpf+cash top up. rental of $3800/pm currently is enough to cover monthly mortagage, management fee, property tax etc.

would be interested to establish contact with others in the same industry, to compare salary packages across firms. just post a msg on this forum.

Originally Posted by Unregistered

i've benefited from the salary information on this forum, so here's my contribution:

age: 29
industry: oil and gas
job: trading (5+ years of experience)
gross annual income: 95k fixed + 55k variable bonus + 2-3k various allowances

also earning side income from renting out an apartment i bought with my cpf+cash top up. rental of $3800/pm currently is enough to cover monthly mortagage, management fee, property tax etc.

would be interested to establish contact with others in the same industry, to compare salary packages across firms. just post a msg on this forum.

interest rates are low, and yet your rental isn't enough to give you a net monthly profit?

Originally Posted by Unregistered

interest rates are low, and yet your rental isn't enough to give you a net monthly profit?

actually, i do make a profit. but i'm not relying on it since the low interest environment won't last. though i have to say, earning passive income is a fantastic feeling.

Unemployed.

Own 3 private properties. Fully paid.

Feel poor compared to those working and earning money.

Passive income is not enough to sustain family.

May resort to driving a taxi if I don't get a job soon.

Sad.

Here is a benchmark for the younger folks and locals. Sincerely hope that you do better than me when you reach my age. However, I am contented and hope to retire in a few years to give opportunity to others.

Age 50
Regional role in MNC
I worked up the ranks 25 years ago with the same MNC.
Annual 330 plus 50-100k bonus depends on company performance
Stock benefits 20 - 30K per year which can multiply to about 100k but vest only 3 years
Car allowance 30k per year
Large but old apartment fully paid
$2.5 million in cash and investment
700k in CPF
children still need to complete college so will use up some of the cash

Just some words of wisdom for those who care otherwise ignore.

If you want to be successful in a large MNC, you got to work smart more than hard. Ensure you are visible in the organization and raise your hand for any opportunities when you are young. Also, it is better to stay with one company as long as possible because the casual network you form will be very important and valuable for your own development and progress. Help as many people as possible in the organization and be a good mentor for young folks when you are mid level manager. A pay forward attitude is good and can be very helpful.

My company has gone through 4 to 5 reduction in force over the years. Those that did not survive did the opposite of the above.

I've also seen many local high calibre mid level manager hired and fired within a few years because they are more talk but lack substance. Mind you, most foreign bosses (especially US) like to hire people that resembles themselves but will get a shock when the local actually behaves like them.

You will be surprise how many promotions are made by some big bosses sitting in a room and deciding basing on who they have interacted with most recently.

Hope this is useful.