<![CDATA[Starting salary]]>the iron rice bowl standard is still in the civil service I reckon…

]]>https://forum.kiasuparents.com/topic/88978/starting-salaryRSS for NodeSat, 18 Apr 2026 11:01:03 GMTSun, 21 Jan 2018 04:56:25 GMT60<![CDATA[Reply to Starting salary on Tue, 16 Jan 2018 09:36:14 GMT]]>Accounting is in demand in accounting firms’ audit and tax teams. Accountants in stat boards do more standard accounts, and have an easier life. There’s always give and take.

]]>https://forum.kiasuparents.com/post/1829142https://forum.kiasuparents.com/post/1829142Tue, 16 Jan 2018 09:36:14 GMT<![CDATA[Reply to Starting salary on Fri, 05 Jan 2018 14:53:28 GMT]]>My recommendation is to take up as much as intership or short contracts during holiday. Or even professional certificate like CFA If you are intending to go for banking/ finance industry. Having a good grade plus relevant experience allows you to stand a good chance for interview. Once when you secure an interview and get the offer, thats when you have the chance to negotiate you salary.

]]>https://forum.kiasuparents.com/post/1826966https://forum.kiasuparents.com/post/1826966Fri, 05 Jan 2018 14:53:28 GMT<![CDATA[Reply to Starting salary on Sun, 05 Nov 2017 10:55:20 GMT]]>i think the best jobs are still gov & mnc related entities.


Or work for SMEs and learn the ropes and explore business in the future.

]]>https://forum.kiasuparents.com/post/1813916https://forum.kiasuparents.com/post/1813916Sun, 05 Nov 2017 10:55:20 GMT<![CDATA[Reply to Starting salary on Thu, 07 Sep 2017 00:22:10 GMT]]>excellent reading, thank you.

]]>https://forum.kiasuparents.com/post/1799781https://forum.kiasuparents.com/post/1799781Thu, 07 Sep 2017 00:22:10 GMT<![CDATA[Reply to Starting salary on Wed, 06 Sep 2017 23:49:48 GMT]]>Work and opportunities, as we know them, have changed. 🤷



https://mobile.nytimes.com/2017/09/03/upshot/to-understand-rising-inequality-consider-the-janitors-at-two-top-companies-then-and-now.html

]]>https://forum.kiasuparents.com/post/1799778https://forum.kiasuparents.com/post/1799778Wed, 06 Sep 2017 23:49:48 GMT<![CDATA[Reply to Starting salary on Wed, 30 Aug 2017 14:31:15 GMT]]>

Fairy:
Zeit:


Fairy,
11-month contract? MAS? It's pretty common to have such short term permanent contracts if there are big regional events or summits where they need extra pairs of legs and hands from freshies or back to work women. WTO, WEF, YOG, ASEAN Summit 2018.


https://s26.postimg.org/5xsvbxjp5/2017-08-30.png\">

No, i was not referring to MAS. Another stat board.

Accountancy has always been the iron rice bowl. I am therefore very surprised too. Guess the job market must be very bad now. Those who are in a secured job may not be aware.

OK, guess they have full discretion to set the tenure per their manpower needs.

Bear in mind there are back-to-work freelance acountants too.

]]>https://forum.kiasuparents.com/post/1798437https://forum.kiasuparents.com/post/1798437Wed, 30 Aug 2017 14:31:15 GMT<![CDATA[Reply to Starting salary on Wed, 30 Aug 2017 14:26:03 GMT]]>

Fairy:
Zeit:

It's been like this since the 90s for MNCs, regardless of seniority. The public service and GLCs adopted this practice in order to stay lean (partly due to automation, etc.) some 10-15 years ago; most positions are on contract basis, unless you join before a certain year.


Many veterans in their late 40s-60s just won't quit or job-hop, as they may lose their 30+ days of annual leave and perks.

In fairy's friend's case, I suspect the '11 month' could be her probation period so if the probationer performs well, the contract may be converted to a permanent one.

Otherwise, she could have been hired to cover a perm staff who's currently on no pay leave or sabbatical (e.g. pursuing an overseas masters).

Not probation. Contract positions due to limited permanent headcount. Easier to get approvals for contract headcounts. However, i find the 11months part a bit bullying on the part of the organisation.

Yes, like I said, many veterans 'pa see buay chao' so please be patient until someone decides to become a kiasu parent and free up the position for freshies. The turnover for corporate services division (which accountants and auditors are parked under) is usually lower.

There's a reason why MOE is trying to herd youngsters to the longer pathway (be it apprenticeship, polytechnic or ITE) and to cap the % of graduates p.a. There are just not enough full time jobs to spare. See young accountants have to face this sort of job insecurity after graduation...

]]>https://forum.kiasuparents.com/post/1798436https://forum.kiasuparents.com/post/1798436Wed, 30 Aug 2017 14:26:03 GMT<![CDATA[Reply to Starting salary on Wed, 30 Aug 2017 12:09:21 GMT]]>

Zeit:

Fairy,
11-month contract? MAS? It's pretty common to have such short term permanent contracts if there are big regional events or summits where they need extra pairs of legs and hands from freshies or back to work women. WTO, WEF, YOG, ASEAN Summit 2018.


https://s26.postimg.org/5xsvbxjp5/2017-08-30.png\">
No, i was not referring to MAS. Another stat board.

Accountancy has always been the iron rice bowl. I am therefore very surprised too. Guess the job market must be very bad now. Those who are in a secured job may not be aware.

]]>https://forum.kiasuparents.com/post/1798411https://forum.kiasuparents.com/post/1798411Wed, 30 Aug 2017 12:09:21 GMT<![CDATA[Reply to Starting salary on Wed, 30 Aug 2017 12:01:37 GMT]]>

jtoh:
Fairy:

[quote=\"sleepy\"]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?

Yes, i know of this statutory board with many fresh accountancy grads on 11months contract and less than 10days annual leaves! These young staff are told to take a month off and return with a fresh 11month contract. Shocking, but it is real and happening. Why would these young grads agree to work on such unfavourable terms? I was told they had difficulty finding permanent jobs! Such is the employment climate in singapore now. If you have a chance to attend events and workshops organised by wda, e2i, etc for PMETs, you will see many unemployed Singaporeans including those in their thirties.

Are these fresh grads assured of a new contract when they return after their one month break? It sounds like they're on a perpetual 11 month probation with no job security.[/quote]Yes, they will leave once they managed to get perm job outside.

]]>https://forum.kiasuparents.com/post/1798409https://forum.kiasuparents.com/post/1798409Wed, 30 Aug 2017 12:01:37 GMT<![CDATA[Reply to Starting salary on Wed, 30 Aug 2017 11:58:06 GMT]]>

jtoh:
Deputy Directors and Senior Legal Counsel are also on 11 month contracts? So even more senior positions are on short term contracts?

Not sure about the other posts. I was referring to fresh accountancy grads, definitely not at DD level.

]]>https://forum.kiasuparents.com/post/1798408https://forum.kiasuparents.com/post/1798408Wed, 30 Aug 2017 11:58:06 GMT<![CDATA[Reply to Starting salary on Wed, 30 Aug 2017 11:54:54 GMT]]>

Zeit:
It's been like this since the 90s for MNCs, regardless of seniority. The public service and GLCs adopted this practice in order to stay lean (partly due to automation, etc.) some 10-15 years ago; most positions are on contract basis, unless you join before a certain year.


Many veterans in their late 40s-60s just won't quit or job-hop, as they may lose their 30+ days of annual leave and perks.

In fairy's friend's case, I suspect the '11 month' could be her probation period so if the probationer performs well, the contract may be converted to a permanent one.

Otherwise, she could have been hired to cover a perm staff who's currently on no pay leave or sabbatical (e.g. pursuing an overseas masters).
Not probation. Contract positions due to limited permanent headcount. Easier to get approvals for contract headcounts. However, i find the 11months part a bit bullying on the part of the organisation.

]]>https://forum.kiasuparents.com/post/1798407https://forum.kiasuparents.com/post/1798407Wed, 30 Aug 2017 11:54:54 GMT<![CDATA[Reply to Starting salary on Wed, 30 Aug 2017 05:15:46 GMT]]>It’s been like this since the 90s for MNCs, regardless of seniority. The public service and GLCs adopted this practice in order to stay lean (partly due to automation, etc.) some 10-15 years ago; most positions are on contract basis, unless you join before a certain year.


Many veterans in their late 40s-60s just won’t quit or job-hop, as they may lose their 30+ days of annual leave and perks.

In fairy’s friend’s case, I suspect the ‘11 month’ could be her probation period so if the probationer performs well, the contract may be converted to a permanent one.

Otherwise, she could have been hired to cover a perm staff who’s currently on no pay leave or sabbatical (e.g. pursuing an overseas masters).

]]>https://forum.kiasuparents.com/post/1798303https://forum.kiasuparents.com/post/1798303Wed, 30 Aug 2017 05:15:46 GMT<![CDATA[Reply to Starting salary on Wed, 30 Aug 2017 04:58:53 GMT]]>

jtoh:
Deputy Directors and Senior Legal Counsel are also on 11 month contracts? So even more senior positions are on short term contracts?

yes, even senior positions are on contract, though not always for less than a year. It has been so for some time, I will not consider it unusual.

]]>https://forum.kiasuparents.com/post/1798294https://forum.kiasuparents.com/post/1798294Wed, 30 Aug 2017 04:58:53 GMT<![CDATA[Reply to Starting salary on Wed, 30 Aug 2017 04:45:56 GMT]]>Deputy Directors and Senior Legal Counsel are also on 11 month contracts? So even more senior positions are on short term contracts?

]]>https://forum.kiasuparents.com/post/1798291https://forum.kiasuparents.com/post/1798291Wed, 30 Aug 2017 04:45:56 GMT<![CDATA[Reply to Starting salary on Wed, 30 Aug 2017 03:25:58 GMT]]>

Nebbermind:
Fairy:



Yes, i know of this statutory board with many fresh accountancy grads on 11months contract and less than 10days annual leaves! These young staff are told to take a month off and return with a fresh 11month contract. Shocking, but it is real and happening. Why would these young grads agree to work on such unfavourable terms? I was told they had difficulty finding permanent jobs! Such is the employment climate in singapore now. If you have a chance to attend events and workshops organised by wda, e2i, etc for PMETs, you will see many unemployed Singaporeans including those in their thirties.

Why 11 months? Something to do with AWS?

Q: If I've worked for a company for less than 12 months, am I entitled to an AWS, or 13th month bonus?

An Annual Wage Supplement (AWS), or “13th month payment”, is not required by law, and depends on your employment contract, or the collective agreement between union and company.

This also applies if you’ve left your job right before, or around the time that the AWS is paid.


Fairy,
11-month contract? MAS? It's pretty common to have such short term permanent contracts if there are big regional events or summits where they need extra pairs of legs and hands from freshies or back to work women. WTO, WEF, YOG, ASEAN Summit 2018.


https://s26.postimg.org/5xsvbxjp5/2017-08-30.png\">

]]>https://forum.kiasuparents.com/post/1798270https://forum.kiasuparents.com/post/1798270Wed, 30 Aug 2017 03:25:58 GMT<![CDATA[Reply to Starting salary on Wed, 30 Aug 2017 01:23:58 GMT]]>

Fairy:


Yes, i know of this statutory board with many fresh accountancy grads on 11months contract and less than 10days annual leaves! These young staff are told to take a month off and return with a fresh 11month contract. Shocking, but it is real and happening. Why would these young grads agree to work on such unfavourable terms? I was told they had difficulty finding permanent jobs! Such is the employment climate in singapore now. If you have a chance to attend events and workshops organised by wda, e2i, etc for PMETs, you will see many unemployed Singaporeans including those in their thirties.
Why 11 months? Something to do with AWS?

]]>https://forum.kiasuparents.com/post/1798206https://forum.kiasuparents.com/post/1798206Wed, 30 Aug 2017 01:23:58 GMT<![CDATA[Reply to Starting salary on Tue, 29 Aug 2017 13:33:35 GMT]]>

Fairy:
sleepy:

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?

Yes, i know of this statutory board with many fresh accountancy grads on 11months contract and less than 10days annual leaves! These young staff are told to take a month off and return with a fresh 11month contract. Shocking, but it is real and happening. Why would these young grads agree to work on such unfavourable terms? I was told they had difficulty finding permanent jobs! Such is the employment climate in singapore now. If you have a chance to attend events and workshops organised by wda, e2i, etc for PMETs, you will see many unemployed Singaporeans including those in their thirties.

Accountancy grads also finding it hard to find jobs? :scared: Are they local graduates or overseas graduates?

]]>https://forum.kiasuparents.com/post/1798122https://forum.kiasuparents.com/post/1798122Tue, 29 Aug 2017 13:33:35 GMT<![CDATA[Reply to Starting salary on Tue, 29 Aug 2017 13:27:08 GMT]]>

Fairy:
sleepy:

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?

Yes, i know of this statutory board with many fresh accountancy grads on 11months contract and less than 10days annual leaves! These young staff are told to take a month off and return with a fresh 11month contract. Shocking, but it is real and happening. Why would these young grads agree to work on such unfavourable terms? I was told they had difficulty finding permanent jobs! Such is the employment climate in singapore now. If you have a chance to attend events and workshops organised by wda, e2i, etc for PMETs, you will see many unemployed Singaporeans including those in their thirties.

Are these fresh grads assured of a new contract when they return after their one month break? It sounds like they're on a perpetual 11 month probation with no job security.

]]>https://forum.kiasuparents.com/post/1798116https://forum.kiasuparents.com/post/1798116Tue, 29 Aug 2017 13:27:08 GMT<![CDATA[Reply to Starting salary on Tue, 29 Aug 2017 12:09:43 GMT]]>

sleepy:
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?
Yes, i know of this statutory board with many fresh accountancy grads on 11months contract and less than 10days annual leaves! These young staff are told to take a month off and return with a fresh 11month contract. Shocking, but it is real and happening. Why would these young grads agree to work on such unfavourable terms? I was told they had difficulty finding permanent jobs! Such is the employment climate in singapore now. If you have a chance to attend events and workshops organised by wda, e2i, etc for PMETs, you will see many unemployed Singaporeans including those in their thirties.

]]>https://forum.kiasuparents.com/post/1798090https://forum.kiasuparents.com/post/1798090Tue, 29 Aug 2017 12:09:43 GMT<![CDATA[Reply to Starting salary on Thu, 06 Jul 2017 12:59:44 GMT]]>

mjl:
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.

Fewer university applicants list law as first choice, but more drawn to computing.

http://www.straitstimes.com/singapore/education/fewer-university-applicants-list-law-as-first-choice-but-more-drawn-to-computing?utm_campaign=Echobox&utm_medium=Social&utm_source=Facebook&xtor=CS1-10#link_time=1499341832

]]>https://forum.kiasuparents.com/post/1782927https://forum.kiasuparents.com/post/1782927Thu, 06 Jul 2017 12:59:44 GMT<![CDATA[Reply to Starting salary on Fri, 16 Jun 2017 08:46:24 GMT]]>

lee_yl:
sleepy:

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?

15-20 years ago when I did my final year project with DSTA, those friends I made there told me they were on contract, renewable yearly.
So contract staff is not really something new.

DH's niece graduating this year with First Class Hons. Before graduating, she already secured a job with the Big Four accounting firms. Guess one needs good Hons and an impressive résumé nowadays to stand out from the rest.

Not new of course, BUT getting more prevalent nowadays.

]]>https://forum.kiasuparents.com/post/1779205https://forum.kiasuparents.com/post/1779205Fri, 16 Jun 2017 08:46:24 GMT<![CDATA[Reply to Starting salary on Fri, 16 Jun 2017 04:42:24 GMT]]>

lee_yl:
sleepy:

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?

15-20 years ago when I did my final year project with DSTA, those friends I made there told me they were on contract, renewable yearly.
So contract staff is not really something new.

DH's niece graduating this year with First Class Hons. Before graduating, she already secured a job with the Big Four accounting firms. Guess one needs good Hons and an impressive résumé nowadays to stand out from the rest.

I think it depends on luck. If you meet a \"gui ren\" things will definitely go smoother! 😂

]]>https://forum.kiasuparents.com/post/1779166https://forum.kiasuparents.com/post/1779166Fri, 16 Jun 2017 04:42:24 GMT<![CDATA[Reply to Starting salary on Mon, 29 May 2017 01:43:05 GMT]]>

sleepy:
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?
15-20 years ago when I did my final year project with DSTA, those friends I made there told me they were on contract, renewable yearly.
So contract staff is not really something new.

DH's niece graduating this year with First Class Hons. Before graduating, she already secured a job with the Big Four accounting firms. Guess one needs good Hons and an impressive résumé nowadays to stand out from the rest.

]]>https://forum.kiasuparents.com/post/1776637https://forum.kiasuparents.com/post/1776637Mon, 29 May 2017 01:43:05 GMT