Friday, March 25, 2011

368. Starting pay for new vet in Singapore?

Straits Times

ST Jan 1, 2011 Law & Accounting. The MONEY Page.

"Big Four" Accounting Firms - PricewaterhouseCoopers (PwC), Ernst & Young, KPMG and Deloitte pay new graduates more. Starting pay at mid-sized accounting firms $2,100 to $2,400. Big Four pay $2,600 and above.

Big law firms pay $4,500 - $5,000 for a fresh graduate. Foreign law firms $7,500 but with smaller bonuses. Small law firms pay $4,000 - $4,500. So, pay more upfront and less bonus to compete.

So what do fresh graduate vets in the Singapore private sector get paid? Is there a market rate? Or is it performance based?

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