Salary progression singapore reddit

Salary progression singapore reddit. Ha. 2k bonus 2021 A3: 79k (my group moved to consulting and they gave large adjustments post-covid aftee the salary freezes for 2020 CRTs) + 6. So I would personally go with hopping every 2-3 years. 5k with a response rate of 80%: For the "real" salary to be 15% lower than the GES salary, it would mean that the remaining 20% of non-responders only make $875 a month. 5k (ops analyst- company 1) 2013-2014: $95k (ops associate - company 2) 2014-2016 M7 business school 2016-2018: $160k (plus a large signing bonus and some tuition reimbursement) - > $200k (management consulting, left on promotion to manager) We would like to show you a description here but the site won’t allow us. Its not easy to get one, especially in Singapore. At least shit can be used as fertilizer. there is no dispute in terms of salary, a big4 career pays way better in the long term. About the pay and the company perks, you can check out the job portal that my wife and I built for software engineers in Singapore: https://careerwiz. We spent over 100 hours gathering data about salary ranges and perks of the largest tech companies in Singapore. Like the others have mentioned, salary for VC varies a lot, but its safe to say that it's a minimum of 40k, and up to 120k and beyond, and this number is actually pretty low by the industry standard because of Singapore, unless you are in the big VC like Sequoia or B Capital. From what I see most companies give an increment of around 3. Company 3 (current) Location: Ireland remote Size: global enterprise Duration: 2m Salary: 62k 127 votes, 105 comments. It's not a job for everyone and there's a reason why turnover is extremely high, big 4 really milks your tits w Career progression is better in London vs Singapore simply because there are much more seats in London and this matters in terms of MD sears. Saw a post similar to this in r/cscareerquestions about SWE salary progression, so I thought it would be interesting to see… Salary was $3300 by 2015 after finished first contract. For salary progression it would heavily depend on your exams, each exam you pass would give an increment. However, the next 5 years is where salary does accelarate in the private industry as you take on more challenges and responsibilities with your experience (5 years). sg income comparison tool (latest year is 2021, no age breakdown given) — 100K would put you at top 25. 5% of all taxpayers I became a lawyer in May 2023, but I've been working at a mid-sized firm since 2022. Price of oil plummeted, got made redundant, moved to Singapore on 200k SGD for a fabrication company start of 2015. Career progression is like you mean, long hours and late nights? And managing x1972034 people? Yuck. importantly, knowing the industry A friend of mine has been working in a big 4 for over 7 years (Manager) and drawing a base salary of $8k-ish per month. sg. For reference, that's about the same as a grad salary progression at fucking BT in 2018, except if you adjust for inflation a bit grad was earning the equivalent of 42k today by year 2. How salaries have shifted in Singapore. The new salary guide released last week remains an optional recommendation and the government will not be funding or Live in MCOL area 2017 - $55k - B4 Staff/Associate 1 2018 - $60k - B4 Staff/Associate 2 2019 - $73k - B4 Senior 1 2020 (1st half) - $73k, no raise "due to covid" (then increased to $77k) - B4 Senior 2 US Risk & reg 2019 A1: 63k 2020 A2: 66k > 63k (moved to a lower tier city) + 1. 11 years of salary progression in my accounting career. Definitely not. Just look at the recent spate of “XXX profession, come in and share your salary”. 50% bonus in Big 4 accounting lo, good progression in both audit and consultancy but work like dog. Level of teaching is not a differentiating factor for salary. 5 years in IT. 5K Salary 2022 - 86K Salary Skills: SQL, Power BI, Tableau, Excel, Data Modeling. That said, the ability to hop also depends on whether you have valuable skills as well. However, last year's graduate employment survey for SIT, the starting basic salary median, gross monthly salary median, 25th and 75th percentile were: Physiotherapy: $3,500, $3,525, $3,400, $3,800 203 votes, 255 comments. Jul 3, 2019 · These 3 S’poreans Share Their Salary Progressions Over 5 Years. New year, new salaries, new jobs. This is an increase from $3,400 in 2017, and $3,300 in 2016. SIM UOL - Accounting and Finance , First Class Hons / CFA L2 / MBA 1 yr - 3k ; 2yr - 3. That would mean that the non-responders have drastically lower salaries. Looking to move to Linux Sysadmin and eventually DevOps (maybe). 914K subscribers in the singapore community. at the company i interned at , they said after 10 years of experience and promotion to manager the salary was 6-8k (this was a long time ago). So I thought it would be great to also have a similar topic that is more Singapore-focused. 3k bonus 295 votes, 415 comments. 2009-2013: $60k -> 73. i would go against the grain here and say go for the big4 route. 5 years Total experience, 3. 2k HCOL SoFla so salary is meager but I split costs with my gf and that helps a lot I currently have a job offer for 45k but I dont think I'll move jobs for less than 50k because my benefits are insanely good. I just want to know what are jobs that are around and how the… You know, I actually wanted to go back and track my salary scale after this thread, just so I have a clearer picture of my pay progression over these years, but it seems that pac@gov (the ministry website which handles salary and claims matters) only dates back a couple of years, so I have nothing past 2015. Engineering grads entering the workforce post 2016 have it good, thats when govt. Dive into the dynamic landscape of Singapore’s job market in 2024, where industries balance bold salary projections with prudent strategies for the future. 2017 - $76,000 base salary (new company) 2018 - $84,000 base salary (raise) 2019 - $90,000 base salary (raise) 2020 - $95,000 base salary (raise) 2021 - $120,000 base salary (new company) All jobs have been as process control engineer (except for the tutoring job). Specifically, (1) How is the job environment working as an OT in the public v. 50/hr Year 2: 38k Year 3: 41. There is one I'm aware of where if I transferred on promotion the salary would be £1000 lower than I get in my department at my current grade. true. Feb 23, 2024 · Singapore Salary Guide 2024: Bold Projections and Cautious Approaches. While I was looking around to get an idea of what I want to do as a career in the future, I stumbled upon accounting, as I took POA for my O Levels, I have a slight inkling about how accounting would be like and I feel that it is one of the career that I could explore. The "increase" we get is not even shit but some invisible fairy's silent fart. 8K doing AP. (Buffalo/Rochester area) as for PwC, the salary range was 28-40, and I got 38 so I was quite pleased! Working for a tuition centre now that employs current sch teachers and some of them w around 10 years of teaching in moe schools draw ard 6k gross/mth! I’m a former accountant who joined the workforce in 2015 at a starting pay of $2. Hi everyone, I’m about to graduate from undergrad majoring in International Business. Would like to know more from any of yall. According to 2022 ministry of manpower data, the median monthly income for somebody aged 30-35 in SG (incl. If you don't mind working from home, one interesting option is GitLab. Or check it out in the app stores Salary: £400k so around $480k. I just need to earn more at a present point than I did a year ago, two years ago, that kind of thing. always ask around and benchmark ur salary against everyone else within and outside of the coy as well. According to the results of MOE’s annual joint graduate employment survey, fresh graduates earned an average of $3,500 in 2018. I picked S$10,000 because it's a round 5 figure a month and it is considered relatively high (but not exorbitantly so. Had savings of about $35k on graduation. A lot of people here feel entitled to an above average salary, but what they have to offer (and willingness to make up for the lack of it) is below average. Thanks I can tell you all that in London, salary progression for an accountant, give or take a 1k or 2, is: 1st yr: £28500 2nd yr: £30,500 3rd yr: £34,500 4th yr (newly qualified): £46000-£48000 6th yr (manager): £55000-£60000 As you can see, after 3 years of experience you are automatically and guaranteed to hit £46k-£48k in London. I subsequently changed to a better company a year later and got $3K. Hence, I would like to find out what it is like working as an OT in singapore. Audacity is probably the bedrock of progression. As for progression, I finished my compsci degree in 2012 (both bachelor and masters), moved from US to Aus, started at 105k base, then I moved for a more interesting job but lesser pay at 70k base, and then I got fed up with that and moved into a contracting role at 640/day for a major telco, and then restructuring happened and they didn't Hi all, I was wondering if anybody can shed some light on the career progression, salary progression and WLB of an assistant engineer at SMRT. Posted by u/CapableScholar_16 - 1 vote and no comments what salary would you consider to be good? according to comments here, end salary of 6-8k is common and 10-12k is about 80th percentile, 15-20k is possible but rare. Starting salary $2400, current salary $3000, 70-85 hour work weeks, no bonus, 14 days MC, 14 days leave, but utilize all those days and you've got a performance review headed your way. 6% of all taxpayers, 200K in the top 8. Heard starting fresh grad is 3k. SINGAPORE - Salaries of teachers, counsellors and other officers on Ministry of Education (MOE) schemes are currently under review, said Education Minister Chan Chun Sing on Tuesday (July 5). Went to a large international bank but left after a year due to the place being a sweatshop. If you want work life balance and willing to compromise on your career progression (you won’t be progressing as fast as those folks from big 4 that leave 3 years later and take on a managerial role in corporate) then Big 4 is not your cup of tea. In the private sector, you may have more chances for rapid career progression, exposure to diverse projects, and potentially higher earning potential in the long run. It's a middling grad salary for London, and low for how much you work. but this information needs to be used in a postive manner. Therefore I would get my current salary + 10% instead. Got a new job offer, internship, or want to share your current salary details with the… Year 1: 16. 5k - audit firm - advisory services (financial due diligence) / did CFA L2 I was putting this together for myself and thought that I would share it here. Left public after 3 years once I decided that I had no interest in the sales side of becoming a partner. employer CPF) is $5,792 I also tossed some numbers into the salary. If you become stagnant in this role you will be left behind. Normally 3 years of grinding before make it elsewhere. 5 years Sysadmin - $75k salary - No new certifications - 0. It's actually a terrible salary in context. According to her, for the amount of hours and work she's putting in (she's putting in at least 52 hours a week), she is earning way too little and instead she feels she should be earning least 5 figures ($10k or more) considering her peers in consulting, engineering and banking. 5 years VMWare Sysadmin - $90k salary - VCP-DCV, RHCSA - 0. Made basic entry pay for engineers at $3600 and most companies hence have to offer higher pay for engineers. Whether you’re happy with your wage or looking for an increase, the good news is that salaries have risen in Singapore for experienced workers and recent graduates. Work life balance would depend on the role you are doing. After all the news hype and the "20,000 expected to benefit from this revision blah blah blah", the matter stays at that - "expected to", but did not. For me if I can keep increasing my salary by 20-25% every jump, can already ahahaha. 157 votes, 117 comments. Apr 27, 2023 · The Reddit user specifically asked for white-collar jobs with the lowest pay and suggested that it’s a career in biology, where “progression is really hard capped by academic qualifications, in Jan 13, 2023 · We’ve put together a helpful salary guide so you can negotiate your salary confidently. She added: "In addition, we are going to roll out enhanced learning and development programmes for our lawyers to facilitate career progression and ensure that our Departments pay different salaries for each grade. Fully Remote Posted by u/jamietanig - 12 votes and 5 comments Salary Progression 2013 - 2017 Audit Associate I - $52k + $5k CPA bonus Audit Associate II - $55k + $1k variable comp Audit Senior Associate I - $62k + $3k variable comp Audit Senior Associate II - $68k + $4k retention bonus (left for FT MBA midway through 2017, so no year end variable comp) 2017 - 2019 48 votes, 64 comments. i use it to benchmark how much the coy is willing to pay, how the company views my contribution and future career progression, and also to understand the industry better to plan my next career move. Highest paid designer in his late 40s in my coy takes home less than $4K a month. 2K comments. Assuming the GES salary for an arbitrary degree is 3. s. 180k base, 220 bonus. We would like to show you a description here but the site won’t allow us. Thank you. Salary. passion may fade quickly if you are working day in day out and exit options are very small if you want to leave the scdf. Greetings, I am a 16 year old who have just completed his O Levels recently, and likely going to JC. . Get the Reddit app Scan this QR code to download the app now. Location: Global (consulting) Size: alsorts Duration: 6m Salary: €350/day, 600 or 650 depending on the client and the type of work, 3-5 days per week. Looked through their reviews online and get a mixed feeling. MBA isn't really worth it in your case. 5k for having all exams passed. ) Can anyone else share their salary progression and do they have any tips for people to earn more salary when you are a mediocre or below average person? The median income exists for a reason and half of the population will fall below that. Welcome to /r/singapore: The place for anything Singapore. End of 2016, company went bankrupt, got made redundant again and started my own company and went back to about SGD$110k, but have grown, last year with ~4 months offshore in Vietnam I cleared just shy of SGD$360k. MSP Helpdesk - $40k salary - No new certifications - 1 year PC Technician - $60k salary - MCSA, MCSE, OSCP - 1. Only your qualifications and past experience (if any) make a difference to starting salary. 22: $1800 (After NS) 23: $1800 24: $1900 (Change job, started a part time degree) 25: $1950 According to the Care to Go Beyond Allied Health website, the gross starting salary for Allied Health is about $3,350. community hospital? (2) How is the career and salary progression like? I read the salary guidelines by NCSS in 2023 and the salary range of $3480 - $5120 doesn't sound so bad. 292 votes, 1. While I've received excellent training and have a good rapport with my co-workers, I've been contemplating my current monthly salary of Php 45,000 (excluding bonuses) and considering whether it could be improved. I don't think a 29 year old BBA, a salary of 4. I've met fresh grads who were into audit for a year before quitting and joining a different line completely like sales. Mine is 2020 - $20/Hr 2021 - 71. private v. 2K is considered low. And average salary is 42k. Money wise, the tax differential only expands as time goes and CPF >>>>> pension as defined contribution beats defined benefit any day. $50k/year is around the average salary for software engineer fresh graduates from NUS and NTU and you can expect more with 3 years of experience. In a written parliamentary reply, Mr Chan said the MOE is working with the Public Service Division on this review. Most tech companies don't do tenure-based promotions but rather skill-based. Unfortunately companies in Singapore still like to play the “what’s your previous salary” game. Wᴇʟᴄᴏᴍᴇ ᴛᴏ ʀ/SGExᴀᴍs – the largest community on reddit discussing education and student life in Singapore! SGExams is also more than a subreddit - we're a registered nonprofit that organises initiatives supporting students' academics, career guidance, mental health and holistic development, such as webinars and mentorship programmes. Salary: 24k to 35k Company 2. My pay progression so far is as follows: 2019: $68k (IT audit associate - Big 4) 2020: $80k (IT audit senior associate - small PA firm) 2021: $82k (IT audit senior associate - small PA firm) There is a pretty generous bonus structure at my firm as well, so I’m expecting possibly mid-$90s TC this calendar year. Later on, it is mainly your performance and rate of promotion. Posted by u/Top-Construction9624 - 3 votes and 3 comments Rajah & Tann Singapore's deputy managing partner Rebecca Chew said the firm is also reviewing the salaries of its lawyers to ensure that it remains competitive for good talent. While salary is important, there are other factors to consider, such as company culture, career progression, and long-term opportunities. Not sure if my city is classified as LCOL, but the average rent is about 900. Hi PwCers FY23 Comp thread Self explanatory, but here is a suggestion for format: LOS and sub-LOS Sector Office location or… You are right about Singapore salaries being around 10% lower than London salaries for software engineers. mwabsy atnojki abkrpys ejhk zbzsdx rwknh ejuriis rejb zvy tlg