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Fresh PhD holder salary in industry

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cfd-amor
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Fresh PhD holder salary in industry

Postby cfd-amor » Sun, 01 Jan 2017 7:41 pm

Happy new year everyone!

I am going to graduate my PhD.Eng from a reputable university in Europe. And I am going to take an interview for a job in industry at an engineering company. I do not know exactly the range of salary for a fresh PhD holder in industry in Singapore yet. Could anyone please advise me to expect the reasonable salary during the upcoming interview with the company manager?
Thank you all in advance.
Last edited by cfd-amor on Fri, 06 Jan 2017 8:13 pm, edited 1 time in total.

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sundaymorningstaple
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Re: Fresh PhD holder salary in industry

Postby sundaymorningstaple » Sun, 01 Jan 2017 9:50 pm

Your PhD is not likely to have any impact as they want to see what you can do on the ground and not theoretically according to academic tests. Was your PhD the result of a straight run from your BSc? or have you worked for a minimum of say 3 to 5 years in your degree/profession before doing your MSc/PhD? If you did a straight run from your BSc you are not likely to gain much traction in the financial department until you get some real-time experience under your belt.

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Re: Fresh PhD holder salary in industry

Postby cfd-amor » Sun, 01 Jan 2017 11:19 pm

sundaymorningstaple wrote:Your PhD is not likely to have any impact as they want to see what you can do on the ground and not theoretically according to academic tests. Was your PhD the result of a straight run from your BSc? or have you worked for a minimum of say 3 to 5 years in your degree/profession before doing your MSc/PhD? If you did a straight run from your BSc you are not likely to gain much traction in the financial department until you get some real-time experience under your belt.


Thank you very much for your detail advice. I appreciate your help. I was doing my PhD as a direct run from B.Eng, then MEng. and finally PhD. Not many work experience so far. As a fresh PhD holder, I would rather focus on gaining experience. It's the most important thing.
Wish you all the best in the new year!

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Re: Fresh PhD holder salary in industry

Postby sundaymorningstaple » Sun, 01 Jan 2017 11:55 pm

Good luck to you. Honestly, you might get a small premium over a fresher but not much as without field time you are starting at the same point as a BSc. Zero experience. More knowledge, obviously, but as we all know, knowledge and grades don't always translate to practical experience. Having said that, you climb up the ladder from the bottom will likely be faster as will the emoluments. To give you an idea, the minimum educational requirement for ANY employment pass in Singapore is not higher than a basic BSc/BA with experience (usually a minimum of two years as well as a degree).

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Re: Fresh PhD holder salary in industry

Postby x9200 » Mon, 02 Jan 2017 12:30 am

cfd-amor wrote:Happy new year everyone!

I am going to graduate my PhD in engineering in a reputable university in Europe this month. And I going to take an interview for a job in industry at an engineering company in Singapore. I do not know exactly the range of salary for a fresh PhD holder in industry in Singapore yet. Could anyone please advise me to expect the reasonable salary during the upcoming interview with the company manager? I am from southeast Asia
Thank you all in advance.

My guess, anything between 5k and 7k.

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Re: Fresh PhD holder salary in industry

Postby cfd-amor » Mon, 02 Jan 2017 12:35 am

sundaymorningstaple wrote:Good luck to you. Honestly, you might get a small premium over a fresher but not much as without field time you are starting at the same point as a BSc. Zero experience. More knowledge, obviously, but as we all know, knowledge and grades don't always translate to practical experience. Having said that, you climb up the ladder from the bottom will likely be faster as will the emoluments. To give you an idea, the minimum educational requirement for ANY employment pass in Singapore is not higher than a basic BSc/BA with experience (usually a minimum of two years as well as a degree).


Good to know. It seems to be unreasonable if I ask for a wage that satisfying the requirement of EP P2 (said minimum 4.5k). For me it's not a matter because I understand the limitation of my working experience. By the way, is it difficult for me and also the company to apply EP from MOM with the range of (3.6k-4.5k) in comparison to my degree?

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Re: Fresh PhD holder salary in industry

Postby sundaymorningstaple » Mon, 02 Jan 2017 12:01 pm

You are probably in the ballpark if it's an MNC engineering firm. The only hindrance is going to be the lack of any OJT (2 years usually minimum) however the advanced degree "may" overcome the experience. But I can only say try. You might get lucky. You might not. If you don't try, you won't. ;-)

Good luck.

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Re: Fresh PhD holder salary in industry

Postby midlet2013 » Tue, 03 Jan 2017 2:48 pm

The reason why experience is preferred over Ph.D. or graduate degree is mainly due to the quality of managers here. Most can talk, delegate and pray. But they cannot mentor or train or teach or lead by example.

Therefore, it is always safer to get someone who has low long-term potential but has some experience rather than someone who mite need help cuz no one can help.

Once you get a job here, you will realize how lame most of the work here is and will wonder - why even such places never shortlist or hire PhDs.

So experience counts more than smartness or ability.

But if you can get in and get some exp, you may be better off.

But most companies will not pay you a dime for a PhD. They will value it but not consider it when computing your offer. For that, you shd stay in the WEST.


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