Chocobelle Neutral Newbie January 13, 2008 Share January 13, 2008 yupz, TS beta study hard my BIL's workin' as VP in sm foreign bank & drawin' more than 40k every month excludin' bonus ↡ Advertisement Link to post Share on other sites More sharing options...
Throttle Neutral Newbie January 13, 2008 Share January 13, 2008 Many major global financial institutions. I dont want to name names. Cheers. Link to post Share on other sites More sharing options...
Tigershark1976 Turbocharged January 13, 2008 Share January 13, 2008 Just got the latest info, the major financial inst doent pay a lot actually. The local smaller private Financial instittions pays more.... for example, ah long pte ltd.. Link to post Share on other sites More sharing options...
Tzehou Neutral Newbie January 13, 2008 Share January 13, 2008 4K starting pay for a local business fresh grad??? [laugh] , even with 13th mths bonus, HP & transport alowance, think its on the extreme high side liao lah. I just employed 2 local business grad at $2.2K yet my boss told me I;m too generous fyi, 4K is consider middle mgmt pay liao.. eg Ass Manager. unless u r refering to sales job, 4K is still possible, but still, not the 1st year cos u still need to built up ur customer base... Bro, your company under paying them at $2.2k laioz. Even gov job, they now give $2.6k for fresh grad. admin based. For eng based is $2.9k Link to post Share on other sites More sharing options...
Throttle Neutral Newbie January 13, 2008 Share January 13, 2008 you probably right. Link to post Share on other sites More sharing options...
Throttle Neutral Newbie January 13, 2008 Share January 13, 2008 wah, I super underpaid liao..... must ask for big big raise. Link to post Share on other sites More sharing options...
Alfc 5th Gear January 13, 2008 Share January 13, 2008 Different industry varies but I suppose the norm is $2-3k. Agree with what throttle said, first job go for the experience and industry that you like to acquire first then money next as it is another painful experience should you step in wrong industry and want to change later. Also there is no free lunch, some pay are higher but expectations and hours are longer. Link to post Share on other sites More sharing options...
Porker Turbocharged January 13, 2008 Share January 13, 2008 The typical working hour for Mckinsey and such (what TS is looking at) ranges from 10-14 hours and they churn out reports after reports after attending meetings with clients. Sounds very glam but the work behind the scene is shiit. So you actually lose lots of valuable personal time in exchange for higher pay and bragging rights (if you like to brag that is) that you work for the top management consultancy and draw a much higher salary compared to your peers. Link to post Share on other sites More sharing options...
Finclk 1st Gear January 13, 2008 Share January 13, 2008 Even one of our own local banks is matching the international banks in their pay for MA programs. Now is still good times, banks are flushed with cash, they can pay more to attract n retain the better ones. Banks always pay the best during good times. They hire fast, but they also fire fast in downtimes which could be coming soon. It's not unheard of to close an entire department. This is already happening in the US big banks. SMEs mostly stay SMEs coz they dun see the need to pay as good and would suffice with standard to average talent. Cost is lower, but they'll always stay as SMEs, so have to see from the boss's directive, does he just want to continue to maintain the biz at its size or he wants to really grow. Human talent at the right price is always the hardest to debate over but i feel it's the most critical skill in making a company shine. Link to post Share on other sites More sharing options...
Rollagt 5th Gear January 13, 2008 Share January 13, 2008 Fresh grad can get 2.5 to 3.5 ah.. Got to wrk 7 days a week issit. Last time back in 2005 me fresh grad with no honours..got one local bank quoted 1.7K gross. Link to post Share on other sites More sharing options...
Dj_spike 2nd Gear January 13, 2008 Share January 13, 2008 Link to post Share on other sites More sharing options...
Santa Neutral Newbie January 13, 2008 Share January 13, 2008 4K starting pay for a local business fresh grad??? [laugh] , even with 13th mths bonus, HP & transport alowance, think its on the extreme high side liao lah. I just employed 2 local business grad at $2.2K yet my boss told me I;m too generous fyi, 4K is consider middle mgmt pay liao.. eg Ass Manager. unless u r refering to sales job, 4K is still possible, but still, not the 1st year cos u still need to built up ur customer base... Foreign bank who hand pick those managment trainee earmark for 'private bankers' are able to get about 3.5k gross per month - hence plus bonus + perks - it justify the 4k. Neverthelss it is not a 9-5 working hours... Link to post Share on other sites More sharing options...
Jayk Neutral Newbie January 13, 2008 Author Share January 13, 2008 I was thinking... of either applying for one of these jobs or starting out a company with enrichment courses for young adults. (JC/ITE) I have certain materials which really interesting and applicable... ... What you guys think? Link to post Share on other sites More sharing options...
Throttle Neutral Newbie January 14, 2008 Share January 14, 2008 Do you want ppl to feel sorry for you? Link to post Share on other sites More sharing options...
Throttle Neutral Newbie January 14, 2008 Share January 14, 2008 More than $3.5k gross dude. 3 yrs ago about $3.5k already Link to post Share on other sites More sharing options...
Throttle Neutral Newbie January 14, 2008 Share January 14, 2008 Well said Link to post Share on other sites More sharing options...
Nkps 1st Gear January 14, 2008 Share January 14, 2008 How many years experience? Quite difficult for a freshie to get $8k per month excluding bonus 8K per month exclude bonuses? i am making more than that and i dun have a degree Link to post Share on other sites More sharing options...
Nkps 1st Gear January 14, 2008 Share January 14, 2008 wah, I super underpaid liao.....must ask for big big raise. yeah better ask for a big pay rise or the door is always open for you ↡ Advertisement Link to post Share on other sites More sharing options...
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