Salary.sg Forums

Originally Posted by Unregistered

It's little old me from UK who commented before. Boy has this thread grown since I last chanced upon it!!

Even if you accept TS comparison of durians to durian puffs involving him and his friend, the qualitative aspects of his comparison still seems a bit skewed in TS's friend's favour.

Firstly, TS's friend (TSF) works in a GLC, if I remember correctly. GLC is inherently more stable and provides greater job security than a job in an SME. When the economic shits hits the reality fan, I know where I would rather be.

Also, the TS prefers a decent work-life balance. I've no problem with this- life is already too short. But TS wants to lobo in the private sector in an SME! If you want to lobo, why not lobo in public sector and enjoy the supremely greater job security and have loads of leisure time?? For example, I remember a neighbor who was a teacher. Every day, he would arrive home before me (i do CCA, etc) and cycle around the neighborhood. He sibei carefree, I think he heck care CCA, extra classes, marking homework seriously, just lobo and wait for retirement.

Perhaps a viable option for TS? Remember TS's boss is paying him a fixed salary but does not seem to want to maximise TS's working hours by farming him out for contracts as much as possible i.e. longer hours for TS.

Crudely, this indicates business is not exactly booming or boss doesn't try very hard in expanding his client base? Either way, if I was paying someone a fixed monthly wage and I can make more money by working him/her as much as possible everyday.

I'm perhaps making one too many suppositions and assumptions above. But this is what happens when one tries to make holistic comparisons. IMHO, we are selling our time for $, so comparing the absolute amount earned per year/month makes sense. We each have 24 hrs in a day after all. Sure absolute amount might not be the whole story, but it's a simple way of comparison. Why do you think football is decided by the goals scored?

If you want to make a comparison, then one should try to make it as holistic as possible. Examples presented so far assume that we work for only 1 year / 1 month, fail to take account of job security and other factors.

Lastly, this whole thread arose out of TS's friend haolian-ing to TS. TS tabulek tahan, shot back a counter-argument which paints a fuller picture (but still ignores other significant considerations. ) TS then felt the need to holler his thread which I think didn't go down well. All working folks are acutely aware that we are selling time for $, our choice of job is in the end a personal choice , crystallised from a consideration of a myriad of factors.

In other words, calculate salary must also calculate hidden cost must also calculate hidden benefits must also calculate the inherently unquantifiable aspects of work ( joy of working with like-minded people, meaningful work, stress, inspirational boss, career arc, )

Originally Posted by poor and stupid

aiya stop calculating this way, liddat loanshark runners earn the most liao, 500buck for setting fire in 1min aka 3000/hr

Originally Posted by Unregistered

I am in IT as well, mine works out to be sgd 91/hr (190K per annum over 230 days and 9 hrs per day)

Originally Posted by icy water

the problem is that most forumers here are arguing that you cant just compare salary based on per hour. but the point ts is making (i believe) is that all other factors being equal, one is making comparable $/hr as another.
I would see this equation of total renumeration/hrs worked as the amount of benefit (in $) you get for every amount of work (in hours) you put in.
Thats all.
8 hrs/day, $4k/month is comparable to 16 hrs/day, $8k/mth if you compare by per hour.
If you only compare the monthly salary and ignore any working hours, of course the difference is there.

Originally Posted by Unregistered

You talk about monetizing your free time to "Earn more". Sure you could do that. But would you actually do it? Would you enjoy doing it? (since you said its about being happy) If you enjoy working an extra job that pays more (by hour) than your current job, you might as well quit your current job and work full time on that.

Originally Posted by Unregistered

Just to add on. If you include bonuses, which would have nothing to do with hours worked, it would definitely affect the results. There are companies or jobs that have relatively lower lower compensations but their eoy bonus is FAT.