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10-05-2020, 04:56 PM
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Quote:
Originally Posted by Unregistered
I don't think you guys realise how bad COVID-19 is, and that's why you guys have so much scepticism. Other fresh grads are also being lowballed, go to the MCI and IMDA page.
s://forums.salary.sg/income-jobs/11815-mci-imda-3.html
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This is pretty depressing news, feel bad for fresh grads this year as they graduate into a recession. I read some articles saying those who grad into a recession tend to have permanent scarring..hopefully the civil service will readjust their pay when the pandemic is over.
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10-05-2020, 05:03 PM
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Quote:
Originally Posted by Unregistered
This is pretty depressing news, feel bad for fresh grads this year as they graduate into a recession. I read some articles saying those who grad into a recession tend to have permanent scarring..hopefully the civil service will readjust their pay when the pandemic is over.
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but CS fresh grad pay is already budgeted for, i doubt they will reduce just cuz of covid.
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10-05-2020, 05:17 PM
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Quote:
Originally Posted by Unregistered
but CS fresh grad pay is already budgeted for, i doubt they will reduce just cuz of covid.
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that's what I thought too, unless all the posts in the forum thread are by trolls haha 🤷*♂️
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10-05-2020, 11:01 PM
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Quote:
Originally Posted by Unregistered
From statistics point of view, i think the chances of you being a stats nus first class honours is very low.
Let me explain why.
Any science major, much less a stats first class honours, should be analytical enough to look at the nus ges.
At 75th percentile it is already 3700 or 3800. So for first class honours even higher. You should have known.
You have seniors who would have tell you the indicative benchmarks, civil service salary are also widely known
The fact that is that you didnt check.
Any first class honours would have done a comprehensive data collection, especially u are a stat major.
Given that my prior experience with stats major is that they believe in data, collect it extensively.
From bayesian stats:
P(first class stats honours|Didnt collect impt info)
=[P(Didnt collect impt info|First class honours)*P(first class honours)]/p(didnt collect impt info)
Since first class is rare, ie p(first class) is small and P(Didnt collect impt info|First class honours) is even rarer
The product is super small
Therefore From bayesian stats, the posterior likelihood of u being a stats first class honours From nus (given that u didnt check the income norm) is very low.
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isn't this secondary school probability..... i'm very sure a stats major knows more than this.....
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11-05-2020, 12:39 AM
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Quote:
Originally Posted by Unregistered
isn't this secondary school probability..... i'm very sure a stats major knows more than this.....
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Precisely and he didnt even collect data!
Actually not sec sch lah, uni year 1 module level.
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11-05-2020, 12:42 AM
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Quote:
Originally Posted by Unregistered
This is pretty depressing news, feel bad for fresh grads this year as they graduate into a recession. I read some articles saying those who grad into a recession tend to have permanent scarring..hopefully the civil service will readjust their pay when the pandemic is over.
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Do you realise our pay is made up of two component
1 is the fixed component 90%
Another is 10% variable component
If economy goes worse i think they might just say paycut 10% for all.
But will have implications if they do that to civil morale will be low, and reduce further aggregate demand.
Also historically govt can also reduce cpf contribution but the fear is foreclosure when ppl cant pay their bank loan
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11-05-2020, 01:13 AM
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Quote:
Originally Posted by Unregistered
I don't think you guys realise how bad COVID-19 is, and that's why you guys have so much scepticism. Other fresh grads are also being lowballed, go to the MCI and IMDA page.
s://forums.salary.sg/income-jobs/11815-mci-imda-3.html
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lel i got an offer from another ministry paying 4.5k so maybe MCI is just bad? in fact this is a $150 increment from 2019 according to my seniors.
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11-05-2020, 01:22 AM
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Quote:
Originally Posted by Unregistered
Precisely and he didnt even collect data!
Actually not sec sch lah, uni year 1 module level.
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lol bro i'm talking bout you leh, you wrote so long about the probabilities. this is sec school or jc math. you a bit tryhard
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11-05-2020, 03:44 AM
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Quote:
Originally Posted by Unregistered
lel i got an offer from another ministry paying 4.5k so maybe MCI is just bad? in fact this is a $150 increment from 2019 according to my seniors.
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May we check if it's MFA?
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11-05-2020, 04:11 AM
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Quote:
Originally Posted by Unregistered
lel i got an offer from another ministry paying 4.5k so maybe MCI is just bad? in fact this is a $150 increment from 2019 according to my seniors.
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Fresh grad or with experiences?
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