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Topic Review (Newest First)
06-08-2017 05:46 PM
Unregistered Hi all, I am in the healthcare industry and recently offered the a job (it's my 2nd job after grad). Although I graduated from local Uni, the salary I am offered is only a 1.6% (yes, one point six percent) increment of my previous salary. Is this normal? Or am I getting shortchanged?
27-02-2015 06:26 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
may i add in oil/gas industry as well. I am pretty sure that they are generous paymasters...especially with the huge profits they earn annually..
There are 2 groups of people in oil and gas that I find make generous salaries. First is the traders, who generate huge profits for the companies and see some of that back in their bonus. Mid to high 6 figures p.a. is common. Second group is the blue collar refinery workers, who get various OT and allowances that pay them well despite relatively low educational qualifications (eg. degrees not necessary).

Based on sector average, agree that O&G pays very well. Finance and banking professionals also earn good wages, but really depends on your seniority and skillset. Retail banking for example isn't so lucrative.
09-08-2014 12:15 PM
Unregistered
Quote:
Originally Posted by admin--- View Post
IT, yes, you are right.
little, let's just say I'm in the 3rd industry.
Thanks for your support.
I'm a research analyst in bank. I fulfill both one n two!
06-08-2014 10:07 AM
Unregistered Every industry will have a few positions pay very high and the others lower. I think if you count overall by average oil & gas should have the highest propotion of high payers & genrally pay highest for all positions.

Banking is just a few usual investment position pay high, the rest is average or above average.
05-08-2014 04:58 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Not true at all - they don't bring home high 6 figures annual packages.
I agree. Both my brothers are pilots, 1 with SIA Cargo and another with SIA passenger.

If you are a senior pilot, then yes $20k/month possible. but to earn that amount you already have 1 foot in the grave.

A mid 30's commercial airline pilot will earn $280k/year including bonuses.

Same commercial pilot in 50's will be getting $420k/year including bonuses.

Nowhere near high 6 figure salary.

Hedge fund managers, private equity financial consultants, oil traders, oil brokers, are all in the high 6 / low 7 club.
02-05-2014 01:41 AM
Unregistered
Quote:
Originally Posted by David Seah--- View Post
I bet the Admin forgotten our local aviation industry as well.

RSAF and Airline pilots also rack in 5 figures salaries as well. With their company bonuses, They bring home high 6 figures annual packages as well.
Not true at all - they don't bring home high 6 figures annual packages.
30-04-2014 03:46 PM
Unregistered tertiary acad staff (in mid 40s) should have no problem hitting $150kpa (all in). Not say excellent, but not too bad.
30-04-2014 01:12 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Yeah, best jobs are those where supply is artificially limited like doctors and lawyers where even the average performers are very well paid. The rest feel the effects of globalisation much more
Bump. 10 chars.
18-04-2013 01:54 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
I am sure this is the general rule...

But I totally do not agree for the electronics engineering sector.

"if the job requires an intrinsic knowledge that you possess" :
you are most likely NOT going to get a premium because, if you know that knowledge you probably duno many others, your boss knows no one/very few will hire you for that specific knowledge and your pay will be crapped.

"Career lifespan - if this job only lasts 10 years, " : Coding skills are skills that have an expiry date, but yet coders are paid peanuts. A 40years old programmer with 20years coding in BASIC is no better than an ITE student when it comes to coding java.

Consider all factors and make your choice wisely...
Yeah, best jobs are those where supply is artificially limited like doctors and lawyers where even the average performers are very well paid. The rest feel the effects of globalisation much more
18-04-2013 12:02 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
actually to put the discussion into perspective, it is the type of job you are in that determines what salary you are getting now.

The risk, the knowledge involved and the career lifespan, I would say are the 3 key factors.

Risk - if the job is risky, say working in the refinery, there will be a premium in the salary associated with this.

Knowledge involved - if the job requires an intrinsic knowledge that you possess, there again is another premium tagged to your salary

Career lifespan - if this job only lasts 10 years, take for example a footballer, there has to have a premium to encourage someone to take this career path.

Not sure if everyone agrees?
I am sure this is the general rule...

But I totally do not agree for the electronics engineering sector.

"if the job requires an intrinsic knowledge that you possess" :
you are most likely NOT going to get a premium because, if you know that knowledge you probably duno many others, your boss knows no one/very few will hire you for that specific knowledge and your pay will be crapped.

"Career lifespan - if this job only lasts 10 years, " : Coding skills are skills that have an expiry date, but yet coders are paid peanuts. A 40years old programmer with 20years coding in BASIC is no better than an ITE student when it comes to coding java.

Consider all factors and make your choice wisely...
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