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    Starting salary

    Scheduled Pinned Locked Moved Tertiary Education - A-Levels, Diplomas, Degrees
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    • lee_ylL Offline
      lee_yl
      last edited by

      mjl:

      You will be surprised, those you mentioned above are just the mean or median salaries, the top 10 or 20% of fresh graduates are earning a lot more. It was mentioned in a few messages above (I think, by lee_yl) that one with first class honours engineering degree is offered $4800 for fresh grad, it should be true. The fresh grad (Comp Sci/Info Systems) I mentioned who got 2nd Class upper honours and is joining the civil service is offered $4900. Those in investment companies are offered even more, $5k to $6k per month, for fresh graduates (most have first class or 2nd class upper honours). Hence it is very important to get a good class degree, besides doing internships. Nowadays, some companies that want to attract top fresh graduates, they are willing to pay interns $3k to $4k per month, and then offer them permanent jobs if they perform well during the internships (which uni you come from is actually not important, whether nus, ntu, smu, Ivy League or Oxbridge etc).
      Comp Sci/Info Comms is in fashion with the Smart Nation initiative and the hype about Big Data and Deep Learning. Hearsay DSO / GovTech offers up to $5K for candidates with good Hons in the relevant field.

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      • G Offline
        GPintensiveworkshop
        last edited by

        lee_yl:

        Comp Sci/Info Comms is in fashion with the Smart Nation initiative and the hype about Big Data and Deep Learning. Hearsay DSO / GovTech offers up to $5K for candidates with good Hons in the relevant field.
        Which reminds me, there's also the start-ups. I'm not sure how much \"salary\" they earn, but if their project is good, I won't be surprised they get bought over by a larger firm, and end up earning more than everyone. This was something from the NUS grads awhile back https://www.spring.gov.sg/NewsEvents/ITN/Pages/Crowdfunding-catches-on-Shooting-for-the-stars-20160708.aspx

        If the student has the guts to go out and try, entrepreneurship is what we sorely lack in Singapore now. There are a lot of seeding funds/grants available for these projects recently.

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        • M Offline
          mjl
          last edited by

          lee_yl:
          Comp Sci/Info Comms is in fashion with the Smart Nation initiative and the hype about Big Data and Deep Learning. Hearsay DSO / GovTech offers up to $5K for candidates with good Hons in the relevant field.

          Yes, you are right. Not hearsay.

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          • J Offline
            jtoh
            last edited by

            Starting salaries are high for these top grads. I didn’t realize that pay was the same in the legal industry for those graduating with firsts from Oxbridge and NUS. I know those graduating from overseas unis (non Oxbridge) have a harder time finding pupilage. Or landing a permanent placement after pupilage.


            A friend was telling me some grads are drawing under $2K. Is this the norm for some industries?

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            • H Offline
              hercules
              last edited by

              jtoh:
              Starting salaries are high for these top grads. I didn't realize that pay was the same in the legal industry for those graduating with firsts from Oxbridge and NUS. I know those graduating from overseas unis (non Oxbridge) have a harder time finding pupilage. Or landing a permanent placement after pupilage.


              A friend was telling me some grads are drawing under $2K. Is this the norm for some industries?
              So far I know of three recent grads drawing under $2K:

              1. IT Degree from SIM (not sure whether it is UniSim) - working as an assistant programmer, accepting low salary as couldn't find a job and so took it and see how.

              2. Architecture degree from an overseas uni (recognised) - working as a building design magazine editor trainee/apprentice, accepting low salary as she deems good prospect to have the opportunity to travel with the chief editor around the world to study buildings

              3. NUS Social Science - working as a social worker and willingly accepting lower salary for a greater cause

              Above 3 with B++ average results.

              Ya, one more:

              4. NUS IT Degree - working as a Sales person (basic salary below $2K, and if works hard enough to hit commission, then a possibility of hitting $3K). Applied for many IT related jobs but didn't get any offer and so ended up in a totally non-IT related sales job that requires only O level applicant (but if he works hard enough, he has a higher chance of being promoted to managerial position years later). This one so-so results but graduated.

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              • starlight1968sgS Offline
                starlight1968sg
                last edited by

                So the job market is real bad now?

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                • S Offline
                  sleepy
                  last edited by

                  This sounds depressing. Got degree but no related job :nailbite:

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                  • lee_ylL Offline
                    lee_yl
                    last edited by

                    Heard that there is a man power freeze in the civil service. If there is no competition for talent from the civil service, the private firms have no incentives to pay the young grads well.

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                    • H Offline
                      hercules
                      last edited by

                      Think it is normal for some grads not getting a 'normal' salary or even a job at any given time due to personality, luck, etc.


                      My idea of grads' salary scale is about the below bell curve:

                      https://s23.postimg.org/7jctmow8r/bell.png\">

                      The part from the left of the red line may be those kids who may have ended up better (in terms of working experience follow up with pay increment over the years) if they have not chosen the uni route but otherwise.

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                      • S Offline
                        sleepy
                        last edited by

                        My friend’s dh is on contract in a statutory board. Contract for many years liao.

                        His contract might or might not get renewed. So there’s no job security even in government sector.
                        According to another friend who is working in another statutory board, after his batch, all new hires are on contract basis.

                        Are fresh grads on contract too?

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