Comments on: Average salary has fallen, do you believe it?

By: Alvin Lim

Alvin Lim — Mon, 21 Sep 2009 02:19:57 +0000

@Observer Demand n supply = true. But I also believe that we should show the right attitude while at work. Occasionally is ok but do it too often is not very healthy.

By: Observer

Observer — Mon, 21 Sep 2009 02:09:31 +0000

Hmm…. I still come in late to office, going out for extended lunch breaks, I don;t play games but well msn occasionally

I guess all goes to the demand and supply theory and current economic situation would rather reserve than building future sustainability…

By: Alvin Lim

Alvin Lim — Fri, 03 Apr 2009 08:44:31 +0000

@ Damien
I think this new average salary structure will be here to stay for few years to come. When businesses close down, people will be jobless and the supply of resources will be way over as compared to the demand. Employers will just push the price down.

And yeah, it’s more like a knee jerk reaction. Everyone is cutting cost, they will think that if they don’t do the same, they will lose out.

By: Damien Tan

Damien Tan — Thu, 02 Apr 2009 13:20:37 +0000

The salary cuts you see today is a knee-jerk reaction to the crisis by companies in panic. When they eventually settle down to the new reality, I think you’ll see pretty much the same salary levels being preserved. However you’ll see big staff cuts which is a more rational reaction to weak demand than steep payroll slashes.

Why more rational? Try to imagine Accenture operating with 10 consultants at $20k each and with 40 consultants reduced to $5k each. Which is more sustainable? IMO the former will last a lot longer than the latter for the same cost, and it makes better business sense. Less overheads.

By: Alvin Lim

Alvin Lim — Thu, 02 Apr 2009 09:28:45 +0000

@ Jys
The person was asking about J2EE. Yea, normally 3 yrs is 3-4k at most.

@ hyperX
As I said earlier, out of 10 companies, maybe only 1 or 2 will be willing to pay high salary now. The rest of them have already lowered their average salary structure.

By: hyperX

hyperX — Thu, 02 Apr 2009 05:54:38 +0000

Agree… shud be around 3 to 4k. But also depends on the company itself. Maybe some companies still able to afford higher salary.

By: Jys

Jys — Thu, 02 Apr 2009 02:35:41 +0000

hmm, IT programmer? I think it also depends on which programming language…

3 yrs? 3 to 3.5K lar..I think… hehe….