Considering the salary amount that people are posting here. I think none of them are affected by the "Foreign Talent" issue.

In fact, this group of Singaporean are happy with "Foreign Talent" because it indirectly lowers their expenses.

Sorry, but i believe Wiseman that what he posted is really true for some.
Finance sector is not as bad as some people said in terms of work live balance. I think sometimes there is a sour grapes mentality because finance sectors really get lots of $$$ for the "seemingly easy" work done.

And this has been happening for the longest of time. Look at it this way, who makes more money ? the farmer whom owns hectors of land making coffee beans or the commodity trader who did the trade ?

But if everyone is jumping to finance thinking, hey that the life i want, remember the supply demand rule . There is abundance of talent in finance. And really only the best gets to become king and live life like a king.

If you are young, and relatively above average but not super super flier, than i suggest you consider doing something that is a bit more rare.

I give an example. Ever heard of horitculture degree ?
I think there is less than 50 grads here in singapore with it.
Now if you have that degree and passion in that area, and you apply to a civil service/private sector ..... u become that rare talent they need.

And they will pay you well because there is no talent in this area here in singapore.

Of course, please note, this is a supply/demand thing again. If tons of young people go into this, then tons of young people will be out of job when they grad.

A more specialised degree but widely required in the world is exploration and production related engineer degree with focus on finding minerals, oil etc. Sadly singapore has no "practice" venue so u must be prepared to go out of singapore to look for jobs but i am sure this is a field that will grow further.

Seriously, who can tell the future? If business owners complaint to the government that operating cost is too much for a certain sector, government will import more foreign talents/workers into that industry to keep costs down.

And they are doing this to keep business from leaving Singapore which will affect them as their pay is GDP-pegged.

Fully agree. Now finance may be hot property just like engineering was until Government stepped in to "cool" the market with massive influx of foreigners.

Ok. I am a former Keppel Engineer. I am a foreigner that graduate in NTU. My starting pay is 2.2k and after CPF is 1.8K. Since i live in the East so i need to wake up at 5.00AM to 5.30AM. Since i am a fresh graduate when i enter Keppel so i had to bond 2 years with training i get which i think not the worth for years bond. Offical working hours is 7.30am to 4.30pm, but bcos when i enter in the booming period and there was not enough manpower, so my average working hour is

5AM Wake up
9PM Reach Home

Work most of the Saturday and some Sunday.
And Post to Overseas for 2 years.

After 4 years in keppel offshore i get a mere 3k and even foreigner i myself i also bey tahan bcos the management will try to squeeze u while they can.

Route to better pay in marine ??
 

Hi currently in Marine industry doing field service..

Would like to hear from you guys.. what are the ideal progress in marine industry in career wise ? Currently in service.. and I think the pay is largely dependent on OT and travelling...

Which way is the better way for career progress for more money and higher position

Did you get those hefty bonuses (last round was 15 months) they reported in the news? Does it really happen?

Sounds like it is a bad environment and not worth the bonus if the base pay, increments are low, and the conditions are so tough.

No 15 months la.... 8~9 month. OT worked in TUAS so ... Judge for yourself.

Increment??
 

Hi, R u saying your increment in the 4 years period r 10% per year? That's very good.. Even in semicon manufacturing u can get near to 5% increment per year..

More lambs to the slaughter. Keppel Fels is super tough work, I know cos I'm in there. Time will fly by eveyrday with all the work and you will be ****ed if you dont do your job or the schedule is not being met. Production is super xiong and you will be in the hot sun all day.