Salary.sg Forums - Reply to Topic
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs > How much are you earning per annum?

Income and Jobs Discuss jobs, career options and of course salaries




Salary.sg Forums

Thread: How much are you earning per annum? Reply to Thread
Your Username: Click here to log in
Human Verification To prove you are a human and not a computer program that spams, please check the box below and answer any further questions if prompted.

Title:
  
Message:
Post Icons
You may choose an icon for your message from the following list:
 

Additional Options
Miscellaneous Options

Topic Review (Newest First)
Today 12:55 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
How many of you feel that Singapore has declined significantly over the last decade? Stagnant pay not keeping up with inflation (except for politicians), rising GST tax and threat of future income taxes raises, rising hdb prices, cecas threatening to take our professional jobs, murderous crazy teens running amok in our midst, and such.

If you ask me ten years ago if I could see Singapore in such a sad state, I would have laughed in your face. Or do we just pop a xanax and see everything through rose-tinted glasses as we were taught in schools to do?
I agree to a certain extent. This is a bottomless pit. Only with more manpower then our gdp can keep going up. So more and more people competing for jobs.

In term of happiness, i am happier than the past though as I managed to grab the opportunity that comes with the recent performance by our economy (pre covid). I am now semi retired at 40. Majority of the time are spend on sending kids to school, exercise, do what i like.
Today 11:59 AM
Unregistered How many of you feel that Singapore has declined significantly over the last decade? Stagnant pay not keeping up with inflation (except for politicians), rising GST tax and threat of future income taxes raises, rising hdb prices, cecas threatening to take our professional jobs, murderous crazy teens running amok in our midst, and such.

If you ask me ten years ago if I could see Singapore in such a sad state, I would have laughed in your face. Or do we just pop a xanax and see everything through rose-tinted glasses as we were taught in schools to do?
20-07-2021 05:21 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
60k to 160k in 5 years is impressive. Can you share more on your progression as it doesnít look like you started in front office? Do you also mind sharing the specific role as portfolio management, research, strategy, etc all fall under the fund management umbrella?
27-29: Mezzanine Financing at an international Bank. Left earning exactly 73k.

29 - 32: Investment Analyst at the current fund. Got very fortunate jump to 100k when i first joined. Promoted at 30 to Senior Assoc. Promoted at 32 to portfolio manager, which included a pay adjustment up to 160k.
Maybe just a quick footnote here: i am the beneficiary of my current portfolio manager going back to her home country, and her putting in a recommendation for me to take her role.

Started at 27 because I undertook my MFE over at CMU right after local undergrad here in SG. But don't think this has any bearing on promotion trajectory
20-07-2021 04:45 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
definitely did not start out this way. my first salary at 27 was $60k/annum.
i've been giving parental allowance of >$1k since the start.
Plus I had my education loan to repay when i first started ($28k) +($40k for masters to family members).

But i take your point. Need to earn more to catch up then.
60k to 160k in 5 years is impressive. Can you share more on your progression as it doesnít look like you started in front office? Do you also mind sharing the specific role as portfolio management, research, strategy, etc all fall under the fund management umbrella?
20-07-2021 03:45 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
45% bonus in 2020? Isnít this on the low side considering funds performance last year? May I know whatís your fund AUM?
My organisation manages a few Trillion USD in total. Only a few manage at this magnitude so you'll easily guess which.

As for funds performance - I suppose you might not be in the fund management industry if not you'll know about hurdle rates and watermarks. The absolute return matters much less than the relative return to benchmark. The HYC FI fund i'm part of hit just a few bps above benchmark, net fees.

But if you're talking about the IB space where IPOs have had a stellar year, then i'd agree its on the low side.
17-07-2021 09:46 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
8 YOE
TC: 300K
Non SWE in Tech
Non SWE? are you in sales role or PM?
17-07-2021 03:30 PM
Unregistered 8 YOE
TC: 300K
Non SWE in Tech
17-07-2021 02:40 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
32yo male + 31yo female
M: Fund management
F: non-sales financial sector.

Annual Base: $160k (M) + $90k (F)
Recent Bonus: $72k (M) + $11k (F)
*all not inclusive of employer CPF
**before CPF deduction

Assets
House: NA (but looking around)
Car: $40k value (fully paid up 4yr remaining)
Cash Savings: $50k (M) + $110k (F)
Investments NAV: $230k (M) + $10k (F)
Insurance: not sure about the value but we pay about $5k annually each

Liabilities/Expenditure:
Loans: NA
Parentsí Pocket Money: $1.2k (M) + $800 (F)
Normal Monthly expenses: $1.5k (M) + $2.0k (F)
One off items: ~$10k/annum (M) + ~$10k/annum (F)
45% bonus in 2020? Isnít this on the low side considering funds performance last year? May I know whatís your fund AUM?
17-07-2021 02:19 PM
Unregistered Haha take it with a pinch of salt, bro.
16-07-2021 07:37 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Even with those expenses, how do you (the guy) have so little savings with that salary? Was it a recent increment? I'm turning 28 in a few months making slightly over $10k/mth and I have 160k NAV in investments. My expenses are about 1-1.5k/mth
May I know whatís your current job that you can earn over 10K monthly? Iím just 3 yrs younger than you and just started earning 4K monthly. Doubt I can catch up with your current earning 3 years later.
This thread has more than 10 replies. Click here to review the whole thread.

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off




All times are GMT +8. The time now is 01:43 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2