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Really that bad for engineers?

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  #811 (permalink)  
Old 05-01-2013, 11:31 AM
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Quote:
Originally Posted by Female engineer View Post
Just to share some info to contribute to the database

Gender: F
Age: 33
University: European
Engineering Field: EEE
Honours Type: Direct Masters

First Job (Industry): Stat Board
Starting Salary: $3050 pm + AWS + 2.5-4 mths bonus

Present Job (Industry): Finance
Basic Salary: 7500 pm
Allowance (Car/ Handphone etc): 100 pm
Others Benefits (optional): the usual healthcare, dental, etc
AWS (yes/no): no
Average total yearly bonus (exclude AWS): 9 mths

Number of job change:1 ( was bonded)
Total working Experience (yrs): 8
Mind if I ask if you're good looking?

Does it matter? Hell yes.

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  #812 (permalink)  
Old 05-01-2013, 12:34 PM
Female engineer
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Smile

Quote:
Originally Posted by Unregistered View Post
Mind if I ask if you're good looking?

Does it matter? Hell yes.
Eh...I suppose I am. But I'm not doing sales or wealth management, where looks probably matter more?

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  #813 (permalink)  
Old 05-01-2013, 02:09 PM
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Join Date: Jan 2013
Posts: 81
rubberbus is on a distinguished road
Default

Quote:
Originally Posted by Female engineer View Post
Just to share some info to contribute to the database

Gender: F
Age: 33
University: European
Engineering Field: EEE
Honours Type: Direct Masters

First Job (Industry): Stat Board
Starting Salary: $3050 pm + AWS + 2.5-4 mths bonus

Present Job (Industry): Finance
Basic Salary: 7500 pm
Allowance (Car/ Handphone etc): 100 pm
Others Benefits (optional): the usual healthcare, dental, etc
AWS (yes/no): no
Average total yearly bonus (exclude AWS): 9 mths

Number of job change:1 ( was bonded)
Total working Experience (yrs): 8
Hi, may I know how you manage to switch to finance?
Can u provide some details? I'm studying at NTU EEE and I feel lost abt my future job.



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  #814 (permalink)  
Old 05-01-2013, 02:17 PM
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Posts: n/a
Default

Quote:
Originally Posted by Female engineer View Post
Just to share some info to contribute to the database

Gender: F
Age: 33
University: European
Engineering Field: EEE
Honours Type: Direct Masters

First Job (Industry): Stat Board
Starting Salary: $3050 pm + AWS + 2.5-4 mths bonus

Present Job (Industry): Finance
Basic Salary: 7500 pm
Allowance (Car/ Handphone etc): 100 pm
Others Benefits (optional): the usual healthcare, dental, etc
AWS (yes/no): no
Average total yearly bonus (exclude AWS): 9 mths

Number of job change:1 ( was bonded)
Total working Experience (yrs): 8

Would you marry me? I am 26, just graduated.. making 3,000 pm.

Jokes aside, you do realise you have a very established career.
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  #815 (permalink)  
Old 05-01-2013, 03:48 PM
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Default MOM Report on Wages in Singapore 2011

Error - Ministry of Manpower
Page 129

30 - 39 Years (Basic Wage)
Chemical engineer 6,097
Civil engineer 3,980
Electrical engineer 3,900
Electronics engineer 3,850
Industrial and production engineer 3,650
Industrial safety engineer 4,635
Mechanical engineer 3,536
Network/ Infrastructure architect and engineer 4,300
Petroleum/ Natural gas engineer 3,690
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  #816 (permalink)  
Old 05-01-2013, 03:53 PM
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Default update the link

http://www.mom.gov.sg/Documents/stat...sd_2011ROW.pdf

Quote:
Originally Posted by Unregistered View Post
Error - Ministry of Manpower
Page 129

30 - 39 Years (Basic Wage)
Chemical engineer 6,097
Civil engineer 3,980
Electrical engineer 3,900
Electronics engineer 3,850
Industrial and production engineer 3,650
Industrial safety engineer 4,635
Mechanical engineer 3,536
Network/ Infrastructure architect and engineer 4,300
Petroleum/ Natural gas engineer 3,690
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  #817 (permalink)  
Old 05-01-2013, 05:00 PM
Female engineer
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Posts: n/a
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Quote:
Originally Posted by rubberbus View Post
Hi, may I know how you manage to switch to finance?
Can u provide some details? I'm studying at NTU EEE and I feel lost abt my future job.
Hi,

While I was bonded, I requested to switch to a dept that had more relevance to Finance as I realized 3 years into my bond that I was not suited for the type of engineering jobs available in Singapore. Where I had studied in Europe, the technologies that I saw and helped develop were exciting and mentally challenging. Engineers are also much more highly regarded over there.

Once I made up my mind, I applied to only Finance jobs when my bond ended, and never gave up. It was not easy switching industries; I was already 30 when I completed my bond. When I left the stat board 2.5 years ago, my pay was 5k pm.

I had to eat humble pie at the new place. They did not cut my pay, but only matched it. Ppl younger than me were more senior than I was. I was 5 years older than the youngest recruit at my level. Many assumed I was just another pretty face ( to the poster above, being easy on the eye cuts both ways) and were condescending and made snide remarks. I persevered, worked hard, learnt what I could and believed in myself. The critics were eventually silenced. 2 appraisals later, my basic pay has gone up 50% so I guess I must be doing something right.

I do not regret choosing engineering. i've always loved Maths and Science and still do. The engineering education gives us an analytical and logical mind, which is useful across disciplines. We are also used to having to pick up things fast.

While I admit I do sometimes wonder what it could have been ( instead of taking up an overseas engineering scholarship, why not just do biz ad or something locally and get directly into the Finance sector sooner rather than later), I would like to think that the engineering education gave me the exposure( I come from a humble family background and my parents could never have sent me overseas). I would otherwise not have gotten, to deal with the challenges in my current job.

Since u are still studying I assume u are still young. Decide on what you want to do and go for it. Take up relevant courses or internships. Do not jump on the finance bandwagon because everyone else is, or because of some success stories from that sector. Technology does make the world a better place and we have engineers, amongst others, to thank for that. Make your choice for the right reasons.

Hope my experience helped. To each his own.
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  #818 (permalink)  
Old 05-01-2013, 06:47 PM
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Thanks for the valuable sharing.

When you switched to finance, was it a bank? Front office, middle or back?

Thanks again for sharing the info.
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  #819 (permalink)  
Old 05-01-2013, 06:55 PM
Female engineer
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Quote:
Originally Posted by Unregistered View Post
Would you marry me? I am 26, just graduated.. making 3,000 pm.

Jokes aside, you do realise you have a very established career.
Thank you, but I feel I've only just started and have a long way to go
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  #820 (permalink)  
Old 05-01-2013, 06:58 PM
Female engineer
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Quote:
Originally Posted by Unregistered View Post
Thanks for the valuable sharing.

When you switched to finance, was it a bank? Front office, middle or back?

Thanks again for sharing the info.

Non-bank, revenue generating role ( front office).
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