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09-05-2013 09:36 AM

Unregistered

Quote:

Originally Posted by Unregistered

While reading some of the threads here, I realised that there is this misconception that private sector pays better if you work hard.

I don't see anyone here say the private sector pays better. In fact all the bros here are advising him to stay put in RSAF and tell him it was bad mistake to quit & jump into pte sector now.

09-05-2013 09:35 AM

Unregistered

[QUOTE=Unregistered;36574]While reading some of the threads here, I realised that there is this misconception that private sector pays better if you work hard. [QUOTE]

Reading through the post I don't see anyone say the private sector pays better. In fact all the bros here are advising him to stay put in RSAF and tell him it was bad mistake to quit & jump into pte sector now.

08-05-2013 11:04 PM

Unregistered

While reading some of the threads here, I realised that there is this misconception that private sector pays better if you work hard. This is not true because

1) You don't necessary earn much more in private sector if you calculate by per hour.

2) It is NOT TRUE that you can succeed in private sector even with lousy results. Whether you are in the private or public sector, the keyword is network.

3) Private sector generally don't pay well unless you are talking about banking, sales & marketing or oil&gas. Otherwise your salary progression is more or less same as public sector and the overall package evens out in the long run.

4) Some skills are more worthless than the others. For logistics, no matter where you go, it is hard to break the 10K mark unless you go into management, which then leads to point 2 - network.

5) It is not easy to jump in the private sector too. If you are lousy, it is obvious.

08-05-2013 10:26 PM

Unregistered

Quote:

Originally Posted by Unregistered

Now pay so good?

When I join DBS 2 years ago on contract doing branch sales pay was not that good - got a pte degree from Curtin and joined them on contract. Basic pay only 2.2k and quarterly incentive 1.5 to 2k, annual all-in confirm below 35k.

2k incentive quarterly? meaning u got around 8k of incentive annually right?
after few years the basic pay should be much better?

08-05-2013 04:23 PM

Unregistered

if the money is no good no matter what you choose, do what you love since you got nothing to lose.

hey it rhymes - it must be good advice!

08-05-2013 02:04 PM

Unregistered

Quote:

Originally Posted by Fundx

On pay matters, 61k is a big no no, but with luck maybe you can get a package that is 35k – 40k inclusive of basic and all bonuses/incentives. But as contractors of course the benefit like insurance, medical, leave etc will be pathetic compared to what RSAF can offer.

08-05-2013 09:51 AM

Fundx

@ZoOq : You screwed up big time resigning without back up, no questions about it. But what is done is done, time to move on.

For a start if you are into banking sales, join as a contractor doing sales on credit cards, insurance, personal credit etc. These low level jobs are outsourced by the banks, so don't waste your time applying under each individual bank website. Instead go register and upload your CV to a few big recruitment agents who can contract you to the banks.

Some big names you can google yourself:
1. Addecco
2. Talent2
3. Kelly Commercial
4. Recruit Express
5. Achieve
6. Manpower
7. GMP

As for prospect, the contract job itself has limited development or advancement opportunity, but if you are good there is always a chance after a few years the banks themselves are willing to offer you employment instead of working under the agent.

On pay matters, 61k is a big no no, but with luck maybe you can get a package that is 35k – 40k inclusive of basic and all bonuses/incentives. But as contractors of course the benefit like insurance, medical, leave etc will be pathetic compared to what RSAF can offer.

Hope this helps.

08-05-2013 02:37 AM

Unregistered

Actually u can try taking up contract jobs in banks back office
Those like 3mths to 1 year kind. They pay quite well as they don't give u benefits that perm staff are entitled to.

Got a friend no banking experience. Change from marine industry, currently getting 3.5k pm.
But job stability might be an issue la. U got to start from these little opportunities.

All is not lost. I think working as sales is exchanging your time for money. You see what kind of life u wan to lead then you decide for yourself. Sometimes if u divide the dollar per hour earned you might have a better picture how much u are actually paid.

07-05-2013 11:33 PM

haiz1234

To be honest...

Congrats to you TS.. Really a wrong move...

07-05-2013 10:43 PM

Unregistered

Quote:

Originally Posted by hopeful

61K PA package based on a 15mth package works out to over 4k per month. Im surprised that the airforce have adjusted its pay package to be so good for MDES specialist scheme (ME3 and below).

During my time its was called the PP1 and PP2 scheme where the salary is way too low which cause a serious outflow of regulars to take a chance in the private sector, Im one of them.

To be honest, I really struggle for sometime and quite depressed seeing all my friends doing quite well compared to me. If I have 61k pay package last time, I would definately stay on and think twice before leaving.

ME4 is where everybody is aiming to be but it's super competitive due to the current poor job market.

Yar I also think the pay for ME is very good nowadays. But our TS here want to get a job that is good for him to start family, got very good future prospect and yet pay him close to 61k. I really cant think of any company that will pay this sort of money to someone no relevant experience and spend 8 years in RSAF as specialist.

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