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Engineering Employee Seeks Salary Increase After Graduation—Is $5K a Reasonable Jump from $3K?

2024-11-23

Author: Rajesh

Introduction

In Singapore, an employee in the engineering sector has sparked a lively discussion on an online forum regarding salary increments after graduation. On November 21, the employee posed a pressing question: “How much of an increment am I deserving after graduating with a degree?”

Current Salary and Situation

With nearly six years of service at a well-established company, the individual currently earns a basic salary of S$3,000. With additional allowances for shift work and overtime, their monthly earnings can reach between S$4,000 and S$4,500. This employee has been fortunate enough to have their degree sponsored by the company, positioning them for potential promotion to Senior Engineer upon graduation, which would conclude an almost eight-year tenure with the company.

Employee's Perspective

The employee expressed uncertainty about the appropriate salary negotiation, stating, “Considering my current salary, degree, and years of experience, I feel that I would deserve at the very least a basic of S$5,000. Is it too big of a jump from S$3,000? Or could I actually ask for even more?” They noted the obligation to serve a few years in bond post-graduation, adding complexity to their salary discussions.

Forum Responses

Responses flooded in from fellow forum users, sharing valuable insights. One user cautioned that being bonded might limit negotiation leverage, suggesting that while a jump to S$5,000 seems feasible, experience could play a significant role in negotiations. Another contributor advised focusing on the salary ranges of existing senior engineers in the company to provide a clearer picture during discussions. Resources like Glassdoor and local salary guides can be helpful tools for benchmarking salaries.

Critical Perspectives

One commenter raised a critical point: “There’s no reason to pay you more just because you have a degree. But given your additional training, you can ask for more responsibility, which will justify a pay raise.”

Negotiation Strategies

When it comes to negotiating a pay rise, experts from Indeed suggest several key factors to consider. Selecting the right timing is essential, as is conducting thorough research to understand market salary trends for your role. Having this information allows employees to enter negotiations with a solid understanding of what to expect and enhances their bargaining position.

Conclusion

Overall, the journey from graduate to senior employee in the engineering field can be fraught with challenges—especially when it comes to negotiating salary. However, with careful planning and research, employees can position themselves effectively for the pay they deserve.

Discussion Prompt

Is $5,000 realistic, or should fresh graduates aspire even higher? What is your take?