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21-06-2013 05:22 PM
Unregistered i am looking for a job, preferably in a mnc. i have been finding for about a month and applied for many jobs, but havnt been called up for any interview. how many jobs do you guys normally apply for before getting a job?
20-06-2013 10:10 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
20-30k for junior Directors is pretty much standard for a MNC company, so not sure why you are getting all gaga over that. 100k inclusive of bonus is very low for a manager as that hardly amounts to 6-7k basic per month. Many managers in MNCs are already >10k monthly.
Probably manager biz title inflation...
20-06-2013 09:38 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
another word of encouragement,
Im in the supply chain field, and in my company, who employs lots of competitor's employees, I know many who did not go to NUS/NTU, they too were either private deg.
Some are poly to deg route.
Most are doing as well if not better than me.
example, I am only a lowly mgr, but annual is 100k incl bonus.
My directors are earning, 20 to 30k a mth! I dunno their bonuses, as they receive much more than me. Stock options etc.

So, not that coming into my field would reap you rewards. But just to say, some companies out there do value experience. So bottomline is, to ensure you get your foot in the door, get valuable exp , not operations tactical type which you can be replced easily by freshies.
Once you do this, you can move quickly around the industry.
My lunch kaki is a 2nd level mgr, he doesnt even have a dip. earns close to 8k a mth, but he is in his early 40s.
20-30k for junior Directors is pretty much standard for a MNC company, so not sure why you are getting all gaga over that. 100k inclusive of bonus is very low for a manager as that hardly amounts to 6-7k basic per month. Many managers in MNCs are already >10k monthly.
20-06-2013 08:54 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
another word of encouragement,
Im in the supply chain field, and in my company, who employs lots of competitor's employees, I know many who did not go to NUS/NTU, they too were either private deg.
Some are poly to deg route.
Most are doing as well if not better than me.
example, I am only a lowly mgr, but annual is 100k incl bonus.
My directors are earning, 20 to 30k a mth! I dunno their bonuses, as they receive much more than me. Stock options etc.

So, not that coming into my field would reap you rewards. But just to say, some companies out there do value experience. So bottomline is, to ensure you get your foot in the door, get valuable exp , not operations tactical type which you can be replced easily by freshies.
Once you do this, you can move quickly around the industry.
My lunch kaki is a 2nd level mgr, he doesnt even have a dip. earns close to 8k a mth, but he is in his early 40s.
I was from a Fortune 500 logistics company too, and I must agree that this is still one industry where one can climb even without qualifications.... especially in the sales and operations functions. It has something to do with US fair employment practices.

I know for a fact that a lot of sales people in the courier industry (DHL and UPS especially) earn a crap load of monthly commission, almost comparable to insurance and housing agents.
20-06-2013 08:34 AM
Unregistered to add, the directors I mentioned in my company, their are not 1 in a million, I am in a company where there are many directors, the company is a fortune 500 US co, not small.

in case you were thinking, 1 whole co, only 1 or 2 directors.

also bonus, if you have the EQ, helps you mix in the right circles within the co to spot opportunities. I dun think I have very good EQ. Prob avg.. as in no enemies.. just frens
20-06-2013 08:31 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
urm I dont want to appear too elitist, but to give you some hope..
I went poly route, my educational history is nothing to be proud of..
PSLE low scores so went to Normal stream in secondary.
o levels did not do as well, so went to Poly, then the course was not popular. (Engg)
After 1 yr, working in an MNC, entry level, I applied to study business in Aust. I did study at aust, was not a long distance learning.
Did summer classes so I can graduate ahead, earlier. So completed my deg in less than 2 yrs.

After which I joined MNC as contract staff for 1 yr, and subsequently, only applied to MNCs.
in between while deciding what I wanted to do, I did join 1 sme. Bad exp, just 3 mths, I quit.

Now I am still in an MNC, pay wise, I earn as high if not higher than my partner who did the JC, NTU route. My partner is 6 yrs older than me and have more work exp BTW. His role has also more responsibilities. (as in team mgr).
Im a MGR, but individual contributor.
My partner's sibling also did the JC/SIM route, is a mgr with reporting exec under him, but earn lesser than me. He is in a big SME.

But of course, cannot have too high expectations, learn along the way and be street smart. Try to be in a position of value.. like in any company, what you do, cannot be replaced by any entry level.
I always consider myself inferior to those who did the JC, NUS/NTU route. But yet I know many of these "JC/NUS" who earn much lesser than me, and have more exp. So try to get yourself in a position which you can learn more. Not earn more.

1st few yrs count, and if you are in a position which you can learn more, more responsibilities, your job route.. would be quite smooth. Better increments along the way, $$ will come.
BTW, Im 32
another word of encouragement,
Im in the supply chain field, and in my company, who employs lots of competitor's employees, I know many who did not go to NUS/NTU, they too were either private deg.
Some are poly to deg route.
Most are doing as well if not better than me.
example, I am only a lowly mgr, but annual is 100k incl bonus.
My directors are earning, 20 to 30k a mth! I dunno their bonuses, as they receive much more than me. Stock options etc.

So, not that coming into my field would reap you rewards. But just to say, some companies out there do value experience. So bottomline is, to ensure you get your foot in the door, get valuable exp , not operations tactical type which you can be replced easily by freshies.
Once you do this, you can move quickly around the industry.
My lunch kaki is a 2nd level mgr, he doesnt even have a dip. earns close to 8k a mth, but he is in his early 40s.
20-06-2013 08:24 AM
Unregistered
Quote:
Originally Posted by Unregistered View Post
in the spirit of anonymity in this forum, care to share how much do you earn and what kind of role?
sorry for the late reply, I lost this thread. Im in the supplychain industry
17-06-2013 05:35 PM
Unregistered a lot of investment banks are now hiring mid career poly grads with work exp and pte deg as they are more flexible and street smart compare to the local uni grads who only good at taking exams
17-06-2013 05:32 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
yes what kind of degree does not matter at all. i know of a mdis grad who got into private banking and doing well.
People thought that the Ivy leagues graduates are more sought after by the MNCs banks but they forgotten to take into account the fact that good foreign u grads speaks better than local grads and they are more vocal.
17-06-2013 04:42 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
To do well in banking, you need to be good looking and can present yourselves well. Working hard does not mean working long hours. It means network with the right people and "working hard" to hit into their circle by hook or by crook.
yes what kind of degree does not matter at all. i know of a mdis grad who got into private banking and doing well.
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