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  #6611 (permalink)  
Old 16-08-2017, 10:39 PM
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Hi there, do the govt sector recognise private degree certs? Like SIM.

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  #6612 (permalink)  
Old 18-08-2017, 01:31 PM
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Quote:
Originally Posted by Unregistered View Post
Hi there, do the govt sector recognise private degree certs? Like SIM.
Short answer is generally no.

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  #6613 (permalink)  
Old 18-08-2017, 01:47 PM
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I am working in private sector and below is the progression:

2007: 3200
2008: 4000
2009: 4800
2010: 6300
2011: 6780
2012: 7140
2013: 7380
2014: 8400
2015: 9000
2015: 11700
2016: 12200
2017: 12800
2017: 15000

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  #6614 (permalink)  
Old 18-08-2017, 08:43 PM
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Private sector - here's mine, before stock options and benefits/allowances etc.

2017 - 11,902.80
2017- 10,627.50
2016 - 7,812.00
2015 - 6,585.60
2014- 5,243.00
2013 - 4,900.00
2012 - 3,000.00


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  #6615 (permalink)  
Old 18-08-2017, 09:57 PM
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mine, pvt sect too:

2011 - $2900
2012 - $6000
2013 - $8888
2014 - $1000000
2015 - I got into accident and took 2 years to recover since then giving private tuition and earning only a measley $9999; a shadow of my former self. Oh wait, my PSLE was all As.

Hope this helps
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  #6616 (permalink)  
Old 18-08-2017, 10:31 PM
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Quote:
Originally Posted by Unregistered View Post
mine, pvt sect too:

2011 - $2900
2012 - $6000
2013 - $8888
2014 - $1000000
2015 - I got into accident and took 2 years to recover since then giving private tuition and earning only a measley $9999; a shadow of my former self. Oh wait, my PSLE was all As.

Hope this helps
30 yo
Diploma grad (GPA 2.4)
Banker in Japan bank
3.9K per month
1 month bonus every year
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  #6617 (permalink)  
Old 19-08-2017, 11:59 AM
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Quote:
Originally Posted by Unregistered View Post
I am working in private sector and below is the progression:

2007: 3200
2008: 4000
2009: 4800
2010: 6300
2011: 6780
2012: 7140
2013: 7380
2014: 8400
2015: 9000
2015: 11700
2016: 12200
2017: 12800
2017: 15000
I really marvelled at you guys and the salary you all can command. As a comparison, let me share my salary history. I joined the workforce immediately upon graduation in 1985.


1985: $1,600
1986: $1,700
1987: $1,800
1988: $2,200
1989: $2,400
1990: $2,700
1991: $3,000
1992: $3,500
1993: $3,700
1994: $4,000
1995: $4,500
1996: $5,100
1997: $5,800
1998: $6,400
1999: $6,900
2000: $7,600
2001: $8,400
2002: $9,100
2003: $9,700
2004: $10,200
2005: $11,000
2006: $12,300
2007: $12,900
2008: $13,600
2009: $14,650
2010 to now: $15,000

I have been with the same company for 32 years now. The monthly pay was relatively low, but when the profits were good, we were compensated with reasonable bonuses.

For those of you with high salaries at young ages, best to save your pay than spend them mindlessly. Forget that BMW or Merc, just settle for a Jap car or better still, take public transport.

Even with my low salary throughout my career, we were able to build up a reasonable networth of well over $6M over 32 years of continuous working and saving (& investing). For us, it is slow and steady does it!

Going forward, I see salary inflation with each new cohort of graduates getting higher and higher salaries. What this will lead to is inflation. Property and car prices will go up more, food and other commodity prices will also head up.

As I near retirement, I have to invest my money in assets that will appreciate in value, to at least match or beat inflation. Keeping money in FD is not going to work out well.
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  #6618 (permalink)  
Old 19-08-2017, 12:13 PM
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Quote:
Originally Posted by Unregistered View Post
I really marvelled at you guys and the salary you all can command. As a comparison, let me share my salary history. I joined the workforce immediately upon graduation in 1985.


1985: $1,600
1986: $1,700
1987: $1,800
1988: $2,200
1989: $2,400
1990: $2,700
1991: $3,000
1992: $3,500
1993: $3,700
1994: $4,000
1995: $4,500
1996: $5,100
1997: $5,800
1998: $6,400
1999: $6,900
2000: $7,600
2001: $8,400
2002: $9,100
2003: $9,700
2004: $10,200
2005: $11,000
2006: $12,300
2007: $12,900
2008: $13,600
2009: $14,650
2010 to now: $15,000

I have been with the same company for 32 years now. The monthly pay was relatively low, but when the profits were good, we were compensated with reasonable bonuses.

For those of you with high salaries at young ages, best to save your pay than spend them mindlessly. Forget that BMW or Merc, just settle for a Jap car or better still, take public transport.

Even with my low salary throughout my career, we were able to build up a reasonable networth of well over $6M over 32 years of continuous working and saving (& investing). For us, it is slow and steady does it!

Going forward, I see salary inflation with each new cohort of graduates getting higher and higher salaries. What this will lead to is inflation. Property and car prices will go up more, food and other commodity prices will also head up.

As I near retirement, I have to invest my money in assets that will appreciate in value, to at least match or beat inflation. Keeping money in FD is not going to work out well.
Hi thanks for sharing. I agree to save and invest while young. I am reaching 30 and find the importance of not spending mindlessly.
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  #6619 (permalink)  
Old 21-08-2017, 12:33 PM
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Not really civil service, but does anyone have any info on working in EDBI? There doesn't seem to be many details on the company...
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  #6620 (permalink)  
Old 21-08-2017, 12:43 PM
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Hi,

Where to find job openings in CS? And would they adjust the salary for mid career accordingly?


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