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am I underpaid?

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  #21 (permalink)  
Old 29-04-2010, 10:49 PM
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I am not sure whether you are telling the truth. I don't know which IB (even the IBD of local banks) pays FO guys so little. Granted research is the lowest paid but 1.6k after CPF is really pushing it.
maybe he meant 1.6k per fortnight, which seems more reasonable. or even per week.

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  #22 (permalink)  
Old 02-05-2010, 11:10 PM
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Hi guys,

I will be graduating soon as a 2nd class Mech Engin from NUS and I am curious about the starting pay for fresh grads of my qualification. The recent grad survey says 2.9k is the standard pay but is it true? I do know of some whose starting pay is above 3 k (no kidding).

I just recently found a job as a quantity surveyor with pay of 2.3 to 2.4 k per mth. Is it reasonable for this industry and/or my qualification? Also, according to 'market rate', how much and how frequent should the increment be?

Btw, it seems that job prospects this year are much better. I know of quite a number who already landed jobs before graduation.

Many thanks in advance :P

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  #23 (permalink)  
Old 03-05-2010, 10:28 PM
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hi i got a qns:

when talk about salary, let say engineer for a poly roughly 1.8k,
so the 1.8k is before CPF or after CPF contribution?

if 1.8k before CPF, take home will be $1440. (CPF20% by us right??)

so as a engineer, our take home pay is 1.4k or 1.8?
TIA!~!

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  #24 (permalink)  
Old 03-05-2010, 11:23 PM
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Originally Posted by Unregistered View Post
hi i got a qns:

when talk about salary, let say engineer for a poly roughly 1.8k,
so the 1.8k is before CPF or after CPF contribution?

if 1.8k before CPF, take home will be $1440. (CPF20% by us right??)

so as a engineer, our take home pay is 1.4k or 1.8?
TIA!~!
Usually the salaries people quote are gross salaries, are these are before CPF. So you are right - after CPF, the take home will be 20% less.
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  #25 (permalink)  
Old 07-05-2010, 01:48 AM
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Hi guys. I'm from the class of 2009 NTU Science 3rd class Hons and JLPT1(1 is the highest level).
Currently in a well established Jap MNC doing a Jap-speaking Project Coordination cum PA sort of job. I get to travel to other group companies worldwide on biz trips and I have a great boss but...
2.2k/mth
I feel severely underpaid because it seems like my extra "skill" in Japanese didn't help me get more $ at all, in fact it's way lower than what peeps at the civil service are earning.
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  #26 (permalink)  
Old 07-05-2010, 11:53 PM
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Smile kerosene redness

Hi everyone,

I graduated with First Class Hons in UK, Master degree from Australia, and working in the advertising industry.

Now 30 years old, making decent salary I think, $9k basic without commission. Got AWS & Annual Increment.

Do you think this is fair market value or underpaid?
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  #27 (permalink)  
Old 09-05-2010, 03:15 PM
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Quote:
Originally Posted by Unregistered View Post
maybe he meant 1.6k per fortnight, which seems more reasonable. or even per week.
i m not lying... i take home 1.6k after cpf and i m thinking to back office or middle office where they pay more... i m in a BB sales/trading/research (nt convenient to say much) but i am not in the IBD...

i think IB OPs get paid more than me ...

what salary should i be expecting... ? I dun think asking for quardruple my current salary will be reasonable ???????
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  #28 (permalink)  
Old 09-05-2010, 09:13 PM
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Graduated with 2nd upper in NUS Engineering (biggest mistake of my life). Started as a Project Manager in an US MNC with 3.8K/mth in 2005. Quit in Jan 10 as I have enough of my 14 hours a day job. Was drawing close to 7K/mth when I left.

Currently, doing full time stock trading. Average 4~5k/Mth. I'm joining a brokage soon as a dealer, salary 2.5K/mth + commission.

I believe strongly in passion. You gotta have passion in what you do and the money will come.
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  #29 (permalink)  
Old 12-05-2010, 04:53 PM
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Hi guys. I'm from the class of 2009 NTU Science 3rd class Hons and JLPT1(1 is the highest level).
Currently in a well established Jap MNC doing a Jap-speaking Project Coordination cum PA sort of job. I get to travel to other group companies worldwide on biz trips and I have a great boss but...
2.2k/mth
I feel severely underpaid because it seems like my extra "skill" in Japanese didn't help me get more $ at all, in fact it's way lower than what peeps at the civil service are earning.
Japanese companies are infamous for their low salary especially towards Non-Japanese. Whether you speak Japanese or not, they dont really care.

Change a job my friend.
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  #30 (permalink)  
Old 12-05-2010, 05:05 PM
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which IB? and what role in FO?
Work in Macdonalds will earn you higher pay given you long hours?
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