6 steps to set for a pay rasie

Happen to read this article from salary.com on how to set yourself up for a pay raise. I think is very nice, and share with you here.........

Most employees don't know how to negotiate. Many feel they are underpaid for the work they do, yet they wait until their yearly performance review to begin salary negotiations. Where and when do you begin? Now is the time to convince your boss.

1. Define Your Current Job

The first step in setting yourself up for a raise is to establish a baseline or benchmark by finding and updating your job description. Review your updated job description and divide up your job into its component parts. In each area set standards and goals.

2. Track Your Progress

After you have finalized your job description and set future goals, take the time to document your progress. These information may also indicate to your employer that your job is evolving -- and that it is time for an increase in responsibility, salary, and title.

3. Discuss Your Upcoming Review

As review time draws near, take the initiative and set up a meeting with your boss.

4. Do Your Research

Although salary negotiations may still take place behind closed doors, the internet has made it easy to learn where your compensation package stands in comparison to other workers in your field.

5. Frame Your Pitch

When you sit down for your performance review, you can use all the information you have gathered and records you have kept to illustrate both your past work and future potential. Make it clear that you want to grow in the job -- and that you want your salary to grow with you. During negotiations, be sure to mention the other areas of your compensation package. It may be easier for your employer to expand your work/life benefits than to raise your salary, and frequently the resulting change is equally beneficial to you.

6. Start Again

During your review, be sure to speak to your employer about his or her goals for your future at the company.

The full article at http://www.salary.com/personal/layoutscripts/psnl_articles.asp?tab=psn&cat=cat011&ser=ser031&part=par924

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Salary Chart for IT Graduate

In previous post, we have mentioned that IT engineers on general earn a higher pay than other engineers. And they are needed in many different field, so is a hot courses for many youngsters.

This is the salary chart of IT graduates from JobStreet http://sg.jobstreet.com/announcement/2008/i/info40mkmm.htm

Unfortunately, there is a mistake for the maximum pay for senior manager. And I believe this chart under estimate the exact pay of IT personnel.


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The fourth public university in Singapore

The fourth university in Singapore will take in up to 2,500 students a year and offer three main disciplines: engineering, design and business.For a start, its undergraduates can look forward to an integrated approach to education in design and architecture, engineering and applied sciences, and business and information technology. Engineering undergraduates, for instance, will be taught design, so they can come up with products with user-friendly features. The combination will allow the varsity to develop collaboration and learning in areas such as sustainable design and development and clean technology — envisioned to be areas of strength for Singapore.

The university - to be housed in northern, eastern or north-eastern Singapore - will also focus its research on meeting the needs of the economy and helping companies solve problems. And the intake will be 50% from JC and 50% from poly.

National University of Singapore (NUS) is expected to be complemented in 2011 by a “two-track engineering programme” to train its top engineering brains — 100 students initially — to be “specialist-engineers and engineer-leaders”. The twin programme will cover “advanced multi-disciplinary scientific knowledge” as well as a curriculum emphasising “design, management and systems, and an appreciation of major technological issues facing the world”.

Nanyang Technological University (NTU) will establish a four-year “Premiere Engineering Programme”, distinct from its mainstream courses and leading to a direct Master degree in engineering. The university is proposing to launch the programme next year with an initial intake of 75 to 100 students, and eventually 125 students a year.

Singapore Management University (SMU) is expanding moderately from its current undergraduate intake of 1,600 students to about 2,100 undergraduates in 2015. SMU is proposing new educational tracks, for example in International Relations/Studies, Risk Analysis and Management and Maritime Business Economics.

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Complimentary workshop “The 7 Essential Money Skills” by Adam Khoo

Key Benefits of Attending
• How to invest for high returns with minimal risk
• Develop a solid road map to your financial goals
• How to build Multiple Streams of Income from the ideas in your head
• The cash flow management strategies of the rich
• 63 secrets to massively increase your income
• The mindset & habits of self-made millionaires

Who Should Attend
• Professionals who are seeking to build and grow passive income
• Business owners who strive to command the highest income in their industry
• Anyone who wants to start a profitable business with little or no capital



"7 Essential Money Skills" Citibank cardmember's Workshop
Date: 27th June 2008 ( Friday)
Time: 7pm - 10pm (Registration starts at 6.30pm)
Location: 10 Hoe Chiang Road #01-02, Keppel Towers Singapore 089315
(nearest MRT : Tanjong Pagar)

Register for this workshop in 3 easy ways
1. Online Register at https://www.akltg.com/citiviprsvp
2. Email seminars@akltg.com
3. Call 6881 – 8881 (9am to 6pm, Mon to Fri)
*Limited to 4 seats per card member

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MBA courses available in Singapore

Three posible ways for a non-financial personal change field into financial is through the taking of CFA, MBA, or Master in Financial Engineering. So lets see what are the available MBA courses in Singapore.

MBA
1) NUS MBA http://www.mba.nus.edu.sg/
2) Nanyang MBA http://www.nanyangmba.ntu.edu.sg/
3) Insead MBA http://www.insead.edu/mba/index.cfm
4) Chicago GSB (Graduate Business School) MBA http://www.chicagogsb.edu/visit/singapore/index.aspx

Full time: 12- 17 months Part time: 24-72 months
Fee: SGD $30k++ (for NUS and NTU)

Another is EMBA (Executive MBA) for those with many years of working experience, but the fee can easily go up to SGD $70k++ for local univeresity.

EMBA
1) Nanyang Executive MBA http://www.nbs.ntu.edu.sg/portal/oee/ExecutiveEducation/ExecutiveMBA/tabid/559/Default.aspx 2) UCLA-NUS EMBA http://www.ucla.nus.edu.sg/
3) Instead EMBA http://www.insead.edu/emba/
4) Chicago EMBA http://www.chicagogsb.edu/execmba/
5) Rutgers EMBA http://www.rutgers.sg/ (a famous university at New Jersey USA)

Click here for more Education information