| 07-10-2011 03:24 PM |
| poorman |
Thank you very much!
Will convey the information to her so that she'll stop whining about it hah!
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| 07-10-2011 03:14 PM |
| Unregistered |
Quote:
Originally Posted by poorman
200k per annum?
If not ang moh how...my friend local singaporean leh.
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ang mo will get >200K.
local with <5 yrs experience should be +/-5k.
If you get to senior middle level and senior level, >10k easily achieved.
Also depends on role within the reinsurance broking firm.
Producers tend to have different pay schemes.
Hope this helps!
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| 23-09-2011 12:10 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
People around me keep saying banks although pay high but will lay off, but from 2008 experience, I think whether you get the sack has more to do with luck than bank or not.
In bad economy all companies will lay off.
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I think someone said semicon laid off more people.
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| 23-09-2011 10:09 AM |
| Unregistered |
Quote:
Originally Posted by tomyP
No industry except maybe civil service will be spared from global melt down. A lot of losers are using this as an excuse to discourage ppl from joining finance industry.
One thing for certain, at least the people who chiong in banks reap big pay & bonus before getting laid off compared to some engineer who get no increase & bonus many years and still kena laid off in the end.
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People around me keep saying banks although pay high but will lay off, but from 2008 experience, I think whether you get the sack has more to do with luck than bank or not.
In bad economy all companies will lay off.
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| 22-09-2011 04:22 PM |
| tomyP |
Quote:
Originally Posted by savio27
All job require hard work if not i doubt u can survive for long, just that in a cut throat financial industry u will need more than hard work to be succcessful.
S'pore should be insulated to some degree from the macro-economic weakness stretching from europe to the US.But believe.it will not be spared from the impact of another gobal meltdown.
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No industry except maybe civil service will be spared from global melt down. A lot of losers are using this as an excuse to discourage ppl from joining finance industry.
One thing for certain, at least the people who chiong in banks reap big pay & bonus before getting laid off compared to some engineer who get no increase & bonus many years and still kena laid off in the end.
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| 22-09-2011 04:07 PM |
| savio27 |
Quote:
Originally Posted by tomyP
There are a lot of losers out there who keep trying to discourage people from joining finance industry say will retrench, job market depression, economic recession etc. They have been saying the same shi+ since I left school 7 years ago and now still going on.
Meanwhile many who dare toAl take the plunge and work hard in this industry have moved on to great career heights while the same losers are still moaning and bitching about being underpaid, miserable increment of a few hundred dollars a year etc.
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All job require hard work if not i doubt u can survive for long, just that in a cut throat financial industry u will need more than hard work to be succcessful.
S'pore should be insulated to some degree from the macro-economic weakness stretching from europe to the US.But believe.it will not be spared from the impact of another gobal meltdown.
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| 20-09-2011 10:01 AM |
| tomyP |
There are a lot of losers out there who keep trying to discourage people from joining finance industry say will retrench, job market depression, economic recession etc. They have been saying the same shi+ since I left school 7 years ago and now still going on.
Meanwhile many who dare to take the plunge and work hard in this industry have moved on to great career heights while the same losers are still moaning and bitching about being underpaid, miserable increment of a few hundred dollars a year etc.
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| 18-09-2011 02:40 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
13 years ago was the Asian Financial Crisis. Singapore was hit hard. Since then, not much. 30k job cut from BoA doesn't affect Singapore a bit. I read the Straits Times religiously and all I see is economy still doing well, young people buying properties and economy humming along. Nothing on job losses in Singapore, except well just today (or yesterday) where there's an article on a jobless chap starting a Facebook page to gain attention or something.  |
Perhaps u are being optimistic,well not a bad thing. But you cant ignore the fact the US is still the largest economy in the world, S'pore being export oriented and open economy will definitely take a hit just like what happened in '08.
P/S: Relying on our ranked 154th media as the main source of information is not the wisest choice, I would suggest that u read more widely to get a wider perspective of the issue. Cheers :-)
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| 17-09-2011 01:13 AM |
| Unregistered |
Quote:
Originally Posted by Unregistered
hmm..13 yrs? are u kidding me? Dun mean to sound rude but where did u get your data?
Ever heard of Asia financial crisis,dot com bubble and recent great recession in 08 if your memory still dun fail you.
Last heard BoA is lashing 30,000 jobs by 2012 with UK banks like HSBC and RBS following suit. Other banks are tighting up and lowering cost by shifting operations and freezing hire at the moment.
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13 years ago was the Asian Financial Crisis. Singapore was hit hard. Since then, not much. 30k job cut from BoA doesn't affect Singapore a bit. I read the Straits Times religiously and all I see is economy still doing well, young people buying properties and economy humming along. Nothing on job losses in Singapore, except well just today (or yesterday) where there's an article on a jobless chap starting a Facebook page to gain attention or something.
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| 16-09-2011 11:29 PM |
| Unregistered |
Quote:
Originally Posted by Unregistered
All companies hire and fire. When is the last time you heard a bank firing staff en mass in singapore? It's been more than 13 years since UOB fired some staff.
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hmm..13 yrs? are u kidding me? Dun mean to sound rude but where did u get your data?
Ever heard of Asia financial crisis,dot com bubble and recent great recession in 08 if your memory still dun fail you.
Last heard BoA is lashing 30,000 jobs by 2012 with UK banks like HSBC and RBS following suit. Other banks are tighting up and lowering cost by shifting operations and freezing hire at the moment.
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