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Working in the finance industry-am I underpaid?

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little goose

Working in the finance industry-am I underpaid?

Postby little goose » Sat, 11 Sep 2004 9:53 pm


Thanks in advance for reading this and also for a possible reply.

I am from the U.S. and graduated last year with a Ph.D. in Econ-Finance. My first job was an assistant professor for only 2 semesters. Up till now, I dont have any industry-relevant experience, just theoretical knowledge from books. But I do speak 3 languages fluently and I believe to be a fast learner. Although the current employer is willing to get me a EP (and fly me in from abroad), I am not sure what the current rate for my job position is, and whether I am entitled to a benefit package like conventional expats (housing subsidy, commuting allowance...etc). My position in the company is to execute sales orders and design financial products. They are currently offering me S$72,000/year (with the usual medical insurance...etc, stuff that local hires also receive). Any advice?

Posts: 4
Joined: Mon, 13 Sep 2004

Postby classijob » Mon, 13 Sep 2004 11:40 am

S$72k seems a little low for a PHD grad.
Does this 72k includes housing and comuting allw?

little goose

Postby little goose » Mon, 13 Sep 2004 2:10 pm

yes, including everything. All i get from the company is 72k/year. what do you think?


Postby JEFF DE BRUGES » Wed, 15 Sep 2004 1:13 am

Jean-Paul Sartre said that by choosing whom you ask a question, you have already decided what you wanted the reply to be.

Check on the robert walters website their worldwide survey on salaries. It is a useful tool.

Salaries in Singapore are relatively low in comparison with Europe or US in banking.

I am therefore not so surprised by this salary.


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