It’s not so much the pay now that’s important.
You’d need to assess which job will likely provide you with the forward growth dimensions, to help you reach a gross $30,000 pm salary (at least), by the time you hit your 50’s.
Cos that is your base option of remaining in EM till retirement.
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@ 5mdrq+16zEvLP3 share more about ur profile so people can advice further?
- age
- historical ranking performance
And the offers coming in, what industry and scale of company?
2 offers of similar pay. How to choose. Any advice?
It’s already announced on GPAT.
There had been many direct references to DW and GC in various postings, that were not deleted.
Maybe this one got ahead of a DM replacement that has not been officially announced in GPAT?
But internally, most of us know of the move already what!
Personally identifiable info is not allowed here, that means any post that contains enough data to identify someone for sure is probably gonna get deleted. The rule doesn’t apply to c-suits and comms as they are public figures already.
I also think it’s an “English only” website
Kindly don’t delete especially when there’s lots of folks who haven’t read the discussions. There’s no names so why the deletion?
Latest insider news! No AWS cut for 2022. Cheer for 3 mths bonus in pocket.
Y'all why the new DM announcement got removed?? I see so much trash here, and this one announcement gets sensored?
You see SLSs and BTLs driving BMWs and Mercs and you’ll know who they are. Not difficult to spot.
Yea, I like the word you used: “golden handcuffs”.
By the time you reach a DH / CL28-29 position, and earning in excess of $300-350K pa in your early-40’s, you’d likely be “golden handcuffed”.
Cos it would be difficult to get an equivalent, or better-paying job elsewhere AND still doing the same mid-management / supervisory job that you do in EM.
You’d need to take a step up, with higher executive responsibilities (akin to DM level in EM), in other, smaller companies.
So which option would you choose?
(1) More work, same pay?
Or
(2) Same work, less pay?
It’s a choice you’d need to make, after going through several interviews and having received the odd job offer, at 40-something.
good job for making it far. Can share with us if the attrition is as per expectation and also what happens when 90% of the people below SLS quit the company?
For young ones, set your horizon clear. Give yourself time to learn the ropes but never let your guard down thinking EM is a life time company. Unless of course, you have minimal ambition and don't mind yourself to be subjected to low value assignments. Even if you don't mind being that category, you will be subjected performance appraisal that puts in an unfavourable rank. That means Lower than average compensation. Before long, your skills and experience becomes invalid in the industry and not knowing you sacrifice your golden years working on rubbish assignments.
The opportunity in SG is dwindling. No matter how fast a person climbs the ladder, the opportunity is capped locally. Good if you get broadening exposure from oversea assignments and a chance to grow your career. On the other hand, reaching the plateau can be quick for common folks and you will spend your golden years in the low summit doing the same job for the rest of your career. You better have passion for what you are doing, else be ready to feel stagnated and lack of growth for the rest of your career. With the golden hand cuff, it's difficult to shake it off even if you want to. You will soon realize that the world is different outside. Always keep nose out of EM once in a while to gauge the industry. EM experience can be very secluded and outdated.
15K base is equivalent to 234K yearly salary with AWS and LTSA. That's more or less the salary of an engagement manager in top tier consultant. From looks, its a bigger bargain to work in EM with the type of responsibility the supervisor has. In my tenure I met many supervisors some of whom I respected for their leadership and their sincerity. While there are others that are just pathetic garbage. Fortunately, that is the minority.
What?!?!! 15k, CL27 after 11 years. I’m damn underpaid la. I didn’t even know got such pay levels.
Now we shall play the game: Guess who you are.
Hmmm ….. so we now know why there are 2 camps here.
One, the bottom-75%, all feeling that they are making slow progress, going nowhere and looking outside to be treated better.
On the other hand, the top-25%, who have been richly compensated, well taken care of and feeling that they are in a “safe house”, with nary the need to look beyond the fence.
Same here, I got my CL27 (supervisor, not complex) after working for 11 years, upon joining EM after graduating from NUS.
Got my EM stock options along the way up.
It was all good for me!
Benefitted lots and will likely stay on for the long haul.
Don’t think I can get the same kind of remuneration (and benefits) outside though.
It goes to show how many of us, the masses, are really short changed - not knowing that the top 25% (and especially so, the top 10%) are overly compensated on remuneration !!
Supervisor here
Wow. That's already close to $20K per month counting in LTSA and AWS by dividing across 12 mths. Are you supervisor or DH?
15K/mth before AWS and 5% LTSA
15K/mth including AWS and 5% LTSA?
Mostly top third, outstanding/excellent
What is your ranking like for these years?
13 years in the company after uni and I’m drawing 15k/month so I’m quite sure 20k is doable
I'm still with EM but find it amusing with those bashing on shopee. At least the young people who left are in the tech sector and can move on to other tech companies. Oil and gas is pretty much ded (lesser growth) compared to tech.
I'm in the stage of my life where I'm comfortable with where I am and I made enough through options last year to retire. Hence, I'm not moving. But for those who moved on to shopee/tech, jiayou! It's a good move imho.
She is the GM.
What’s she working in Shopee as?
Got reports, no reports?
Looks like it’s true - Shopee Shopee #1.
At least Shopee can hire Mark Lee, Gurmit Singh for ads? who the he-l did EM hire for ads? All the actors are found in the EM managers telling you that PA is meant to improve your performance?!
It Is certainly possible to earn 20k per month in shopee though. My wife is working there now and she is getting 18k-ish. Should be able to hit 20k within 3 years. Her background was in actuarial science and was working in insurance companies as an actuary. She got a 20% increment 2 years ago when she was offered a role with Shopee and received at least 8% increment every year since
Only the top Directors and CEOs of SMEs here draw $20K pm and higher salaries.
DHs with >20 years in EM are on par.
Fact, speaks for itself.
Why the sudden obsession of a $20K pm salary?
I thought they we have many newbies here all raring to get out of EM to join the likes of Shopee?
To attain a $20K pay, it is certainly possible in EM, but you’d need to work for at least 15-20 years.
I’m not even sure if one can smell $20K, working as a salaried manager in Shopee, till the day you retire?
20k is definitely achievable as long as you wake up shouting we are ExxonMobil daily and continue to do what you can to please your execs and you should be able to get there. Stay strong my friends and remember WE ARE EXXONMOBIL #winning
Woww, 20K can feed a lot of mouths. Is this for the selected few or can an average Joe reach this range?
Here some are overpaid some underpaid, some busy like he-l some shake leg, some got good work life balance some never.. Thats life there is no such thing equal opportunity. Bias and politics is everywhere.. in ranking, in progressing, promotion, assignments. Some are good in play politics, some hate it. Some can fake so well, some not. It just part of makeup of whole, so some happy some not, sadly leaders in current situations has not many true followers, so ranking is top no. 1 tool for manager, else they will feel powerless. COMPLETE POWERLESS. so is there balance to restrict abuse of power in corporate? As you progress, you will feel many either drag you down or stress you out if you offence or argue or make unhappiness, awkward the power guy, to speak out some truth, all personal bias come in, manager is also human have bias, so dont get your managers unhappy even he is wrong, make him/her happy. Then all happy. Thats how to surive but not how company survive. Hidden truth remain hidden. Problem and issues repeat by its own. People issue remains to keep managers busy. Finding root of people problem cannot be solved by LPS...we all know why, when a young bright fellow leave with some good knowledge and skill, is it a loss to organizations. But seems like it doesn't matter.
Didn’t know there’s so many financial planners around in EM? What’s a man to do when he’s earning more than 20k a month. Of course get a nice house in D9, 10, 11; get a Mercedes, BM, Jag. The price is small too- just sell the soul to DW and GC. I don’t blame GC for thinking I’m overpaid because I feel she’s overpaid too.
It’s all about money yah. With lesser money, your life will have to change. With no more money coming in, it will be desperation.
Hmmm it looks like many people are worried about losing their jobs now.
Must be the psychological effect of recurring 8% NSI and annual PIP / PIL face offs that’s rearing it’s ugly head in the minds of many of our employees!
Losing sleep. That is very sad :(
For a dual-income family drawing $500K pa, you’d need cash savings of at least $2M to tide you over the next 5 years - in the event that one spouse were to lose your job (and not get a replacement, equal-paying one; or worse, not get one at all for a protracted period … not uncommon during this pandemic) - but yet, want to maintain the same lifestyle during the jobless interim.
Of course, that will be versus the alternate option (like some say in this forum) of having to sell house, sell car (and sell pants?) the moment you lose your job!