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11-03-2008, 02:30 PM
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#1 (permalink)
| | bursh tooth
Join Date: Oct 2007 Posts: 3,422 Gender: 
Total SGC$: 3,719.05 |  Interviewer says: At 35, your earnings of $55K ~ $60K a year is considered low.
Saw this on another forum... so what do you all think?
Guys, at 35, earning around $55,000 really consider low? | Quote: | | | | | Went for a job interview with a MNC last week. Tried to apply for a Managerial position.
Interviewer says I at age 35, consider quite old, still earning about $55,000 - $60,000 in a year is considered low. Should have been more than that.
Offered me a Supervisory position instead and offered to pay me lower than what I am drawing cos she says I am from a different industry. | | | | | | 
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11-03-2008, 08:00 PM
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#2 (permalink)
| | Experienced SGClubber
Join Date: Sep 2007 Posts: 1,481 Gender: Location: High above the Mucky Muck
Total SGC$: 1,778.52 | Re: Interviewer says: At 35, your earnings of $55K ~ $60K a year is considered low.
It's hard to say. Really depends on the industry, occupation, education and many other factors, not just the age. What's his background? Is he a manager, or a technician, or a labourer, or a professional? Is he in IT, FMCG, electronics, tourism etc etc etc...... You get the picture. All the info here is that he's 35 and applying to be a manager in a new company.
Anyway, the average wage of a s'porean is readily available in the MOM website, divided according to occupation, age, sex etc. | |
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11-03-2008, 08:26 PM
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#3 (permalink)
| | Malaysian Kampung Boy
Join Date: Oct 2007 Posts: 9,268 Gender:
Total SGC$: 24,619.97 | Re: Interviewer says: At 35, your earnings of $55K ~ $60K a year is considered low.
Usually a manager's pay is about $6K (minimum), so times 12 months, should be around $72K.  To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
People don't plan to fail... They fail to plan.
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11-03-2008, 11:10 PM
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#4 (permalink)
| | ^_________^
Join Date: Feb 2008 Posts: 2,024 Gender:
Total SGC$: 3,040.30 | Re: Interviewer says: At 35, your earnings of $55K ~ $60K a year is considered low.
financial managers earn 100k annually min Rich ≠ Wealthy
Road to financial freedom | Seeking the true meaning of Wealth
I don't love you because I need you;
I need you because I love you...
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11-03-2008, 11:27 PM
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#5 (permalink)
| | ~
Join Date: Apr 2007 Posts: 272 Gender: 
Total SGC$: 186.00 | Re: Interviewer says: At 35, your earnings of $55K ~ $60K a year is considered low.
If i'm at 35, and earning 55k-60k a year...I will be very happy.
Assume a degree holder start working at 25 with a starting pay of 30k a year..is it really normal to double the pay in 10 years time? Or only a minority can reach it? | |
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11-03-2008, 11:43 PM
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#6 (permalink)
| | ^_________^
Join Date: Feb 2008 Posts: 2,024 Gender:
Total SGC$: 3,040.30 | Re: Interviewer says: At 35, your earnings of $55K ~ $60K a year is considered low.
tats if u get an average office job =)
guys have to be a little more ambitious ba... gotta feed family ya? and with the inflation rate. its safer to aim for more income Rich ≠ Wealthy
Road to financial freedom | Seeking the true meaning of Wealth
I don't love you because I need you;
I need you because I love you...
Last edited by Kazehana : 11-03-2008 at 11:43 PM.
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11-03-2008, 11:45 PM
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#7 (permalink)
| | bursh tooth
Join Date: Oct 2007 Posts: 3,422 Gender:
Total SGC$: 3,719.05 | Re: Interviewer says: At 35, your earnings of $55K ~ $60K a year is considered low.
Yeah... but do you all think its low?
I think its really ok lor... | |
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12-03-2008, 12:17 AM
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#8 (permalink)
| | ^_________^
Join Date: Feb 2008 Posts: 2,024 Gender:
Total SGC$: 3,040.30 | Re: Interviewer says: At 35, your earnings of $55K ~ $60K a year is considered low.
enough for a comfortable life Rich ≠ Wealthy
Road to financial freedom | Seeking the true meaning of Wealth
I don't love you because I need you;
I need you because I love you...
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12-03-2008, 01:27 AM
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#9 (permalink)
| | Experienced SGClubber
Join Date: Sep 2007 Posts: 1,481 Gender: Location: High above the Mucky Muck
Total SGC$: 1,778.52 | Re: Interviewer says: At 35, your earnings of $55K ~ $60K a year is considered low.
| Quote: | | | Originally Posted by Voodoo Vince | | | | | | Usually a manager's pay is about $6K (minimum), so times 12 months, should be around $72K. | | | | | | Quote: | | | Originally Posted by Kazehana | | | | | | financial managers earn 100k annually min | | | | | Any of you guys got a source to back that minimum income up?
Anyway, the example quoted is regarding the average income of a 35 year old male.
If a manager's minimum income is 6k a month, then what's the average? And is this average standard across ALL industries, occupations etc? Can't be right........ so what is it specific to?
Same goes for the financial manager. | |
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12-03-2008, 12:18 PM
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#10 (permalink)
| | WISHMASTER, TAROT READER
Join Date: Aug 2007 Posts: 1,174 Gender:
Total SGC$: 990.21 | Re: Interviewer says: At 35, your earnings of $55K ~ $60K a year is considered low.
Well this is one of the techniques the interviewer is using to lower and inflict damage on a person's esteem requesting for the person to lower their pride and esteem.
First they say your current drawn is low and keep digging all the information on your pay to justify their offer.
Secondly you can see the interviewer never offered the original post but a lower post... so the assessment and motive is not correct.
As in my case in any interview i will state my expected. if they offer me lower then i say no immediately. If they are genunine in offer, they will meet my offer.
"When people consult me, it's not that I'm reading the future; I am guessing at the future. Based on the omens of the present. If you pay attention to the present, you can improve upon it, what comes later will also be better."
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12-03-2008, 04:07 PM
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#11 (permalink)
| | Does not have a title.
Join Date: Mar 2008 Posts: 496 Gender:
Total SGC$: 395.99 | Re: Interviewer says: At 35, your earnings of $55K ~ $60K a year is considered low.
Finance Sector Salary Survey Sales Sector Salary Survey
It helps to know this when negotiating for your salary. I did a spreadsheet sourcing a few other sites when I negotiated my pay, but can't seem to find it now.
Salary tends to be linked to 3 main factors: - Your education.
- Your work experience (transferrable skills).
- The requirements of the job.
Using your "last drawn" as a guage is usually a bad idea as you may end up being paid less to do more, or vice versa. | |
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12-03-2008, 09:51 PM
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#12 (permalink)
| | Experienced SGClubber
Join Date: Dec 2004 Posts: 2,273 Gender:
Total SGC$: 1,186.25 | Re: Interviewer says: At 35, your earnings of $55K ~ $60K a year is considered low.
for mgr level... in mnc... my mgr is drawing abt 11k.... per mth... my director abt 15k.... it also goes with yrs of svc.... some of my friends who gotten mgr post bt only go in for few yrs pay only abt 8k btw the 2 figure all base on 10+ yrs svc de...
Yong Jin
Profile Updated
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13-03-2008, 12:45 AM
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#13 (permalink)
| | Does not have a title.
Join Date: Mar 2008 Posts: 496 Gender:
Total SGC$: 395.99 | Re: Interviewer says: At 35, your earnings of $55K ~ $60K a year is considered low.
I suppose once you jump to management it's a big jump in pay. | |
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13-03-2008, 08:50 PM
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#14 (permalink)
| | roycecheng.com
Join Date: Mar 2008 Posts: 399 Gender:
Total SGC$: 382.31 | Re: Interviewer says: At 35, your earnings of $55K ~ $60K a year is considered low.
| Quote: | | | Originally Posted by River | | | | | | If i'm at 35, and earning 55k-60k a year...I will be very happy.
Assume a degree holder start working at 25 with a starting pay of 30k a year..is it really normal to double the pay in 10 years time? Or only a minority can reach it? | | | | | 10 yrs to double ur pay is too long.. it really depends on the person. if the person can really bring great value to the company, i believe he sure will get a pay rise or promotion. if not, other rival companies will b pulling him over.
ppl aso see whether you have any relevant experiences b4 employing. do u tink that some companies pay more for ppl hu haf more experience even tho working on the same job?
to me, i tink the most u can learn fr a job is onli 2-3 yrs time.
20 yrs of experiences = 1 yr of experience X 20 times.
most of the time is repeating the same process all over again.
in my opinion, i prefer being an entrepreneur.. it may b tougher than having a job.. but it gives the greatest satisfaction to mi.  Discover How A Lazy Unmotivated Underachiever Transformed Into A Millionaire At Just Age 26!
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15-03-2008, 01:11 PM
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#15 (permalink)
| | the Baby
Join Date: Nov 2007 Posts: 1,361 Gender:
Total SGC$: 1,543.67 | Re: Interviewer says: At 35, your earnings of $55K ~ $60K a year is considered low.
more old more skillful ...
that y the company gibb him higher job or??? maybe they noe each other?
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