Construction Booming 2008

2007 and 2008 is the year for Construction

Due to so many en-bloc, IR (intergrated resort), new shopping centers at Orchard, new condo in the city.... the construction firms are booming...............

Being stay in downturn since 2001, construction firms see their glory days during 1996 back again after ten years....... with the housing price hit record price........

Lets take a look at this comment in my blog:

hi
poly grad in 2004 work in SME -construction firm

2004 - $1500
2005 - $1600
2006 - $1700
2007 - $1900
2008 - $2200

furthermore company sponsor my degree cost about 17k over 2.5yrs without contract terms. Just Complete my course

Am I well paid? Or am I stupid still staying at the company?

forgot to add that bonus every yr including 13th mth ranges from 1.5 to 3.5mths

Well.. I don't think you are well paid, but your company is quite nice in sponsor your degree without any bond!

I think you are stupid to stay in the same company.... in terms of money..........
but if you like the company, like your boss, and like the environment... then maybe you can try the followings:

- go for interview
- know your market rate
- resign, and sure your boss will keep you, then you can get the increment while stay in the same company
- if your boss no keep you, then change the job.. you still young, should explore more.......

Basically, the rule of thumb is that you won't get a jump in your pay unless you switch job

Maybe I can share with you a few cases for my friends:

They graduate from NTU Civil and Environmental Engineering CEE on year 2002.
Their starting pay suck..............
But since 2006, their luck are getting better.....
Now 2008,

Two of them get their own personal car sponsored by the company......

Two of them getting their pay more than $5k per month......

For those who graduate durign year 2002, these two are considered to be very success...

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