Singapore Expats Forum

is this salary good enough?

Discuss about getting a well paid job or career advancement. Ask about salaries, expat packages, CPF & taxes for expatriate.

indianexpat
Member
Member
Posts: 22
Joined: Tue, 01 Aug 2006

is this salary good enough?

Postby indianexpat » Tue, 01 Aug 2006 3:41 pm

Hi All..

Im new to Singapore.. and on Dependant Pass.
I have been offered a position of Business Analyst at M1.
Could anybody tell me about the company. I know its a big name in Singapore. But I want to know about the culture of company and idea of work timing (if anybody has any idea)

Also, with 2 years of work experience is $3300 p.m a good enough salary?

Await an early response
thnx

User avatar
jpatokal
Moderator
Moderator
Posts: 3014
Joined: Tue, 09 Dec 2003
Location: Terra Australis Incognita

Postby jpatokal » Wed, 02 Aug 2006 8:55 pm

Haven't worked there myself, but like most Singaporean telcos they seem to work hard and with pretty long hours. Then again, all the people I know there are still staying there, so they must be doing something right...

Your salary sounds like it's roughly in the ballpark -- not amazing, but definitely more than they'd pay an unexperienced fresh college grad.
Vaguely heretical thoughts on travel technology at Gyrovague

ringo100
Chatter
Chatter
Posts: 235
Joined: Sun, 26 Dec 2004

...

Postby ringo100 » Wed, 02 Aug 2006 9:09 pm

The salary is not bad. Our pay structure is similar:

Year 1 - 2,000 - 2,200
Year 2 - 2,200 - 2,400
Year 3 - 3,200 - 3,400
Year 4 - 3,600 - 3,800
Year 5 - 4,400 - 4,600

I also see this kind of pay structure across a number of finance jobs. Probably a bit more in banks though.

User avatar
guruvishwanath
Chatter
Chatter
Posts: 227
Joined: Wed, 03 Aug 2005
Location: Braddell
Contact:

Postby guruvishwanath » Wed, 02 Aug 2006 9:18 pm

If you are single, 3300 would be quite nice. If you are married, you will be able to live comfortably, but its best to have your spouse contribute to make it much better. Saying that I dont mean that 3300 will put you in doghouse. I can split your costs in this manner

1. House (Shared if you are single): 400-600 in a HDB 500-900 in a condo depending on location.
2. Transport (Public): 100$ a month (avg of 3.40 a day may be a bit higher if you live in the edges like Pasir Ris or Boon Lay)
3. Food (self cook) groceries: 150$ for dinner, sat/sun lunch.
4. Lunch/Bfast etc: 250$
5. Entertainment (booze, clubs etc.): Optional but then if you dont have any sort of entertainment, you are BORED to death: 200 a month
6. Misc: 250
7. Mobile: Since you are with M1, they will provide one for free. Only pay for overseas calls for which you can use skype or something like that.

The above is a very very very conservative estimate providing you dont go beserk in spending.

Good Luck!

indianexpat
Member
Member
Posts: 22
Joined: Tue, 01 Aug 2006

thnx for the replies

Postby indianexpat » Wed, 02 Aug 2006 9:27 pm

Thnaks alot for ur response...

Im married and already staying in a condo..
I just wanted this info to get an idea of salary structure... also pleeez can anyone find out and tell me about how good is M1 to work for?

I've been here since past 3 months and M1 is the only company which has approached me.. not getting any other interview calls..
Please can someone help me with good contacts of HR consultanys. My area of work has been marketing/business analysis (2 yrs work ex).

User avatar
riversandlakes
Reporter
Reporter
Posts: 899
Joined: Fri, 22 Jul 2005
Location: Simei
Contact:

Postby riversandlakes » Fri, 04 Aug 2006 2:13 pm

One word: sux.

That money sux big time. Have you negotiated? How many years of experience do you have? 3.3K for an SA is totally unreasonable, imnho.
Goatboy will always cherish his former goatgirl.
But the world is full of fluffier ones.

ringo100
Chatter
Chatter
Posts: 235
Joined: Sun, 26 Dec 2004

...

Postby ringo100 » Fri, 04 Aug 2006 6:32 pm

One word: sux.

That money sux big time. Have you negotiated? How many years of experience do you have? 3.3K for an SA is totally unreasonable, imnho.


Totally disagree with the comment above. The OP clearly said 2 years experience.

The position is a pretty basic job and $3,300 is totally in-line with the local market. We are not talking about someone being transferred here with tons of skills not available in Singapore.

User avatar
sundaymorningstaple
Moderator
Moderator
Posts: 35159
Joined: Thu, 11 Nov 2004
Location: Still Fishing!
Contact:

Re: ...

Postby sundaymorningstaple » Sat, 05 Aug 2006 11:39 am

ringo100 wrote:
One word: sux.

That money sux big time. Have you negotiated? How many years of experience do you have? 3.3K for an SA is totally unreasonable, imnho.


Totally disagree with the comment above. The OP clearly said 2 years experience.

The position is a pretty basic job and $3,300 is totally in-line with the local market. We are not talking about someone being transferred here with tons of skills not available in Singapore.


Ringo, I tend to agree with you and if anything I'd say given the market saturation it may well be slightly higher that the norm with the same tenure and education. 2 years really isn't that much experience.

R&L, how much are most 2 years experience greenies getting in your opinion? We're only talking about 2 years work experience. Just saying it suxs doesn't help. Did you misread OP's original post? OP is not an SA.

ar_lim
Newbie
Newbie
Posts: 13
Joined: Wed, 29 Nov 2006

Postby ar_lim » Thu, 30 Nov 2006 12:56 am

business analysts jobs? is that more towards finance side or towards market quantitative analyzing?is that easy for auditors to transit into this line?

kazuki
Newbie
Newbie
Posts: 5
Joined: Tue, 05 Dec 2006

Re: is this salary good enough?

Postby kazuki » Thu, 07 Dec 2006 1:58 pm

Hello Indianexpat
I am relocating to Singapore shortly on a DP too.. I heard that DPs can't work in SG! How did you get this job? Do you have a Letter of Consent?
Sorry to bother you with a question rather than helping you, but Iam too curious and anxious about my own career...
indianexpat wrote:Hi All..

Im new to Singapore.. and on Dependant Pass.
I have been offered a position of Business Analyst at M1.
Could anybody tell me about the company. I know its a big name in Singapore. But I want to know about the culture of company and idea of work timing (if anybody has any idea)

Also, with 2 years of work experience is $3300 p.m a good enough salary?

Await an early response
thnx

indianexpat
Member
Member
Posts: 22
Joined: Tue, 01 Aug 2006

Postby indianexpat » Thu, 07 Dec 2006 8:07 pm

hi kazuki..

Yes, i did finally find a job though not the one I was enquiring about in this post (ie M1)..yesp, its tuff to get a job on DP, but it not impossible.. u have to keep trying n trying.. n it'll b good to use contact, if any
all the best


  • Similar Topics
    Replies
    Views
    Last post

Return to “Careers & Jobs in Singapore”

Who is online

Users browsing this forum: No registered users and 2 guests