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Archive for the 'Career' Category

Ex-Engineer now Makes 300k doing Sales

Monday, July 28th, 2008

Another generous reader shares his/her story here – thanks! “I knew engineering was a dead end, so I immersed myself into sales… companies reward mostly the ones who bring in the cash” Are we now convinced that Singapore is high cost low tech, engineering is a dead end career and all engineers should get out [...]


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Best-Paying Jobs in Singapore (2008)

Saturday, July 5th, 2008

(9 August 2009 – See the 2009 edition of this list.) This is the 2008 edition of my annual list of the top 100 jobs in terms of pay (see last year’s edition). This list is compiled based on data from MOM Occupational Wages Survey, which is published as part of the Report on Wages [...]


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Credit Card Promoter Makes 20k to 30k a Month

Sunday, June 22nd, 2008

In the Sunday Times cover story, it is mentioned that a credit card promoter made $20,000 to $30,000 a month. And that was in 2003, when the economy wasn’t so good and SARS (remember?) plagued the country. And she was only a 24-year-old business graduate at that time. “I thought making money was so easy,” [...]

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Tuition Teachers Make 20k

Tuesday, June 17th, 2008

Sunday Times just showcased 5 very successful and “most sought-after” tutors, a couple of whom are earning a 5-figure income every single month. Physics tuition teacher Phang Yu Hon, 41, reportedly makes $20,000 from 90 students. I believe he maintains the website www.physics.com.sg. Laura Oh, an NTU engineering graduate in her mid-twenties is getting a [...]

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Accountants with 5 years Makes 75k

Tuesday, June 10th, 2008

Accountants are always among the top earning professionals in Singapore, with the top 8 taking home a median pay of $4.0 million in YA2007 and $3.7 million the year before. Even our ministers and top civil servants have their remuneration benchmarked against accountants (along with 5 other groups of professionals). According to the Robert Half [...]

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Passion is Overrated

Sunday, June 8th, 2008

How many times have you heard of the well intentioned but misguided advice: “Do what you love and the money will follow”? Had I taken the advice literally, I would have starved. Why? Well, I enjoyed (and still do) sleeping, idling, daydreaming, watching TV, snacking, and a host of other things that, erm, don’t generate [...]

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Civil Service Bonus mid-2008

Wednesday, May 28th, 2008

Civil servants are to receive half a month of bonus for mid-2008, plus the following: “Officers in the lower divisions, Division III and IV, will receive $250 and $300 respectively. Division I and II officers will receive $100.” The higher payouts for the lower ranked civil service officers, compared to the higher ranks and also [...]

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Engineering and Technology Careers are Not Valued – Singapore is “High Cost Low Tech”

Saturday, May 24th, 2008

Among news like a monk and an infidel GP doctor making six-figure income, there’s an interesting piece in ST two days ago – ex-top civil servant Ngiam Tong Dow worries that Singapore is becoming “high cost, low tech”. “The United States has overtaken Britain because while some of their best went to Wall Street, their [...]

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Property Agents make A LOT of Money

Sunday, April 20th, 2008

I think the Straits Times over-glamorised the real estate profession in its multi-page spread on “Rodeo Realtors” yesterday. In terms of their income. Maybe the writers were being very selective and showcased only the highly successful property agents. But I don’t think it’s a stretch to say that the article may mislead a few young [...]

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MBA Not So Good After All?

Friday, April 11th, 2008

He completed an Executive MBA programme at one of the world’s most prestigious business schools – University of Chicago GSB. Though he did it part-time and in the Singapore campus (I gather), it should not be too much to ask for at least a reasonable return on his S$124k investment. Yes, he spent S$124k (US$90k) on this [...]

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