[Official] EDMW Jobless Club - Part 8

[Milo-Dino]

Employers huat big while jobseekers are screwed ?

Employers huat or not I dunno.
But I'm guessing alot of fresh grad may not take this? Or just treat as internship.

Jobseeker screwed meh? Govt help to create job abide with lower salary

 

[Milo-Dino]

You have moved into these 2 areas already ?

For FP&A roles, I see the market always want experienced hires with minimum 5 years experience specifically in FP&A ?

My position always has business partnering involved ah.... But current fp&a more limited since got dedicated staff doing at hq

 

[simon_84]

Employers huat or not I dunno.
But I'm guessing alot of fresh grad may not take this? Or just treat as internship.

Jobseeker screwed meh? Govt help to create job abide with lower salary

Thing is if start at lower salary the salary climb is going to be tough in the later years.

Unless really desperate then treat it like an internship role.

 

[Milo-Dino]

Thing is if start at lower salary the salary climb is going to be tough in the later years.

Unless really desperate then treat it like an internship role.

So many not gonna accept lor haha.. Unless those companies contract if perm after 6months will offer xxxx salary.

 

[jeffprobst]

a lot of company going the contract way nowadays even for prominent role in the past, like AML role in banks.

 

[Milo-Dino]

a lot of company going the contract way nowadays even for prominent role in the past, like AML role in banks.

So can easily pivot overseas lor... Sad harsh truths...

I know citibank kyc is done in India I think?

 

[simon_84]

Last yr, I heard from one indian PR his whole compliance dept from ANZ shifted to Australia during a networking session at MAS.

 

[LWZ]

So can easily pivot overseas lor... Sad harsh truths...

I know citibank kyc is done in India I think?

Last yr, I heard from one indian PR his whole compliance dept from ANZ shifted to Australia during a networking session at MAS.

some positions in my field have moved to Malaysia, since there's a sizeable demographic there that is also proficient in Chinese... many arguably better than than the average sinkie's

have had team mates who were based there.

 

[Shion]

Thing is if start at lower salary the salary climb is going to be tough in the later years.

Unless really desperate then treat it like an internship role.

Yes
Start low, forever stuck low

 

[Shion]

some positions in my field have moved to Malaysia, since there's a sizeable demographic there that is also proficient in Chinese... many arguably better than than the average sinkie's

have had team mates who were based there.

Many finance roles already shifted to Malaysia or India.

Accountancy hub ?
Haha.

 

[LWZ]

Many finance roles already shifted to Malaysia or India.

Accountancy hub ?
Haha.

For your consideration, sir, to add to your epic compilation

https://university.help.edu.my/help...ership-to-innovate-the-accounting-profession/

 

[simon_84]

Yes
Start low, forever stuck low

Won't forever stay low but take many years to grind until median income.

 

[Shion]

For your consideration, sir, to add to your epic compilation

https://university.help.edu.my/help...ership-to-innovate-the-accounting-profession/

5 local universities offering accountancy programme, local ACCA holders and countless private universities also not enough for our small little island ?

 

[Shion]

Won't forever stay low but take many years to grind until median income.

Like me
The median income now is $5500 right ?

 

[simon_84]

Like me
The median income now is $5500 right ?

This was the figure for last year.
From 2015 till 2022, have never earn at least median income, that's how painful grind it was for me.

https://stats.mom.gov.sg/pages/income-summary-table.aspx

 

[Shion]

This was the figure for last year.
From 2015 till 2022, have never earn at least median income, that's how painful grind it was for me.

https://stats.mom.gov.sg/pages/income-summary-table.aspx

I see the statistics include employer CPF amount

I havent hit median income yet, based on 2024 figures, after working for 10 years

 

[Milo-Dino]

5 local universities offering accountancy programme, local ACCA holders and countless private universities also not enough for our small little island ?

For your consideration, sir, to add to your epic compilation

https://university.help.edu.my/help...ership-to-innovate-the-accounting-profession/

This HELP university, alot is for rich kid one... Maybe wanna tap rich Malaysians lol

 

[Milo-Dino]

This was the figure for last year.
From 2015 till 2022, have never earn at least median income, that's how painful grind it was for me.

https://stats.mom.gov.sg/pages/income-summary-table.aspx

U got count your bonus in?

"Data include one-twelfth of annual bonuses."

 

[Milo-Dino]

I see the statistics include employer CPF amount

I havent hit median income yet, based on 2024 figures, after working for 10 years

Is OK la... I also took 10 years to hit 5000+


So I really jelly fresh grad now demand 5k starting

 

[Shion]

This HELP university, alot is for rich kid one... Maybe wanna tap rich Malaysians lol

Haiz...Dunno what to say liao...