Salary progression singapore reddit
Salary progression singapore reddit. I don't think a 29 year old BBA, a salary of 4. 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. According to 2022 ministry of manpower data, the median monthly income for somebody aged 30-35 in SG (incl. SIM UOL - Accounting and Finance , First Class Hons / CFA L2 / MBA 1 yr - 3k ; 2yr - 3. Hi everyone, I’m about to graduate from undergrad majoring in International Business. 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. MBA isn't really worth it in your case. The "increase" we get is not even shit but some invisible fairy's silent fart. Salary. I've met fresh grads who were into audit for a year before quitting and joining a different line completely like sales. 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. 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. Looked through their reviews online and get a mixed feeling. 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. 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. 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. 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. ) 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. That would mean that the non-responders have drastically lower salaries. Welcome to /r/singapore: The place for anything Singapore. i would go against the grain here and say go for the big4 route. s. employer CPF) is $5,792 I also tossed some numbers into the salary. Later on, it is mainly your performance and rate of promotion. Therefore I would get my current salary + 10% instead. If you become stagnant in this role you will be left behind. Salary: 24k to 35k Company 2. 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. 292 votes, 1. Company 3 (current) Location: Ireland remote Size: global enterprise Duration: 2m Salary: 62k 127 votes, 105 comments. 157 votes, 117 comments. 8K doing AP. 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. Only your qualifications and past experience (if any) make a difference to starting salary. 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. 2K comments. $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. Audacity is probably the bedrock of progression. but this information needs to be used in a postive manner. We spent over 100 hours gathering data about salary ranges and perks of the largest tech companies in Singapore. Definitely not. 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. From what I see most companies give an increment of around 3. While salary is important, there are other factors to consider, such as company culture, career progression, and long-term opportunities. MSP Helpdesk - $40k salary - No new certifications - 1 year PC Technician - $60k salary - MCSA, MCSE, OSCP - 1. always ask around and benchmark ur salary against everyone else within and outside of the coy as well. 5 years Total experience, 3. Its not easy to get one, especially in Singapore. I picked S$10,000 because it's a round 5 figure a month and it is considered relatively high (but not exorbitantly so. Left public after 3 years once I decided that I had no interest in the sales side of becoming a partner. 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. Had savings of about $35k on graduation. For me if I can keep increasing my salary by 20-25% every jump, can already ahahaha. 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. Highest paid designer in his late 40s in my coy takes home less than $4K a month. Just look at the recent spate of “XXX profession, come in and share your salary”. Thank you. 2K is considered low. 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. Or check it out in the app stores Salary: £400k so around $480k. Specifically, (1) How is the job environment working as an OT in the public v. At least shit can be used as fertilizer. private v. Price of oil plummeted, got made redundant, moved to Singapore on 200k SGD for a fabrication company start of 2015. 3k bonus 295 votes, 415 comments. 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). 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. 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. It's a middling grad salary for London, and low for how much you work. 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. Engineering grads entering the workforce post 2016 have it good, thats when govt. 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. 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). 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. Feb 23, 2024 · Singapore Salary Guide 2024: Bold Projections and Cautious Approaches. 5% of all taxpayers I became a lawyer in May 2023, but I've been working at a mid-sized firm since 2022. Would like to know more from any of yall. Money wise, the tax differential only expands as time goes and CPF >>>>> pension as defined contribution beats defined benefit any day. 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. 5k for having all exams passed. 914K subscribers in the singapore community. It's actually a terrible salary in context. (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. So I thought it would be great to also have a similar topic that is more Singapore-focused. 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. 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. 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. 5 years in IT. 180k base, 220 bonus. 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. New year, new salaries, new jobs. 5 years Sysadmin - $75k salary - No new certifications - 0. I just need to earn more at a present point than I did a year ago, two years ago, that kind of thing. For salary progression it would heavily depend on your exams, each exam you pass would give an increment. Looking to move to Linux Sysadmin and eventually DevOps (maybe). Assuming the GES salary for an arbitrary degree is 3. 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. And average salary is 42k. According to the results of MOE’s annual joint graduate employment survey, fresh graduates earned an average of $3,500 in 2018. We would like to show you a description here but the site won’t allow us. So I would personally go with hopping every 2-3 years. 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. Ha. 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. 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. 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. 6% of all taxpayers, 200K in the top 8. That said, the ability to hop also depends on whether you have valuable skills as well. 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. How salaries have shifted in Singapore. true. 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. Jul 3, 2019 · These 3 S’poreans Share Their Salary Progressions Over 5 Years. This is an increase from $3,400 in 2017, and $3,300 in 2016. 50% bonus in Big 4 accounting lo, good progression in both audit and consultancy but work like dog. 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. I subsequently changed to a better company a year later and got $3K. Got a new job offer, internship, or want to share your current salary details with the… Year 1: 16. 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. 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. 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. there is no dispute in terms of salary, a big4 career pays way better in the long term. Work life balance would depend on the role you are doing. 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. Level of teaching is not a differentiating factor for salary. Get the Reddit app Scan this QR code to download the app now. Went to a large international bank but left after a year due to the place being a sweatshop. 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. 5 years VMWare Sysadmin - $90k salary - VCP-DCV, RHCSA - 0. 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. . 5K Salary 2022 - 86K Salary Skills: SQL, Power BI, Tableau, Excel, Data Modeling. sg. 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). Dive into the dynamic landscape of Singapore’s job market in 2024, where industries balance bold salary projections with prudent strategies for the future. Mine is 2020 - $20/Hr 2021 - 71. Unfortunately companies in Singapore still like to play the “what’s your previous salary” game. 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). 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. Hence, I would like to find out what it is like working as an OT in singapore. Career progression is like you mean, long hours and late nights? And managing x1972034 people? Yuck. sg income comparison tool (latest year is 2021, no age breakdown given) — 100K would put you at top 25. 11 years of salary progression in my accounting career. If you don't mind working from home, one interesting option is GitLab. Greetings, I am a 16 year old who have just completed his O Levels recently, and likely going to JC. 2009-2013: $60k -> 73. Normally 3 years of grinding before make it elsewhere. Made basic entry pay for engineers at $3600 and most companies hence have to offer higher pay for engineers. Not sure if my city is classified as LCOL, but the average rent is about 900. 50/hr Year 2: 38k Year 3: 41. Heard starting fresh grad is 3k. 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