Fresh grad shocked by S$3K/month salary offer for sales job in MNC despite holding a degree and having work experience Singapore News

Is S$3,000 a Fair Starting Salary for a Fresh Graduate in sales?

A recent graduate in Singapore found himself in a predicament when a well-known multinational corporation (MNC) offered him a starting salary of S$3,000 per month for a sales role.He took to the r/askSingapore subreddit, expressing his disbelief and frustration, especially after rejecting a S$4,000 offer from a smaller company with a less attractive compensation package. “I was thinking about S$3,300 – S$3,500 even after rejecting the $4,000 offer from the other company.But this company just offered a S$3,000 base,” he shared.

Seeking Viewpoint from Fellow Graduates

Hoping to gain a better understanding of industry standards, the recent graduate sought the opinions of fellow Singaporean Redditors. he wanted to know if S$3,000 was a typical starting salary for fresh graduates with his experience in sales, or if he was indeed being lowballed by the MNC.

Mixed Reactions from the Community

The responses were diverse, reflecting the complex nature of the topic. Some Redditors affirmed the graduate’s concern, stating that S$3,000 for a sales role with a degree and internship experience, particularly from an MNC, was on the lower end.

“Yeah, S$3K for a sales role with a degree and internship experience is on the lower side, especially from an MNC. MNCs usually have better branding and career progression, but they also tend to offer lower starting pay than SMEs, which need to attract talent with higher salaries,” noted one Redditor.

Another commented, “For MNC and for degree holders, S$3,000 basic is really very low.”

However, others argued that the emphasis should be on the commission structure in sales roles. They pointed out that since he was new to the company, a higher base salary might not be offered, as the primary earning potential lies in commission.

“Sales jobs usually have a commission package. You don’t have any track records with them; why would they pay a high base if they also have a comm package?” one Redditor explained. “If you don’t like it, don’t accept it.If you want to see a basic pay comparison, a simple search will give you the answer S$3,000- S$6,000, depending on which uni, industry, function, etc.”

Navigating the Current Job Market

Some Redditors even offered practical advice, suggesting that in the current competitive job market, he should accept the offer and continue searching for choice opportunities. “in this current job market, take it and keep finding a new job during your new employment; smaller pay is better than no pay; jump ship once you get a better offer,” one Redditor advised.

Salary Expectations for Fresh graduates in Sales and Marketing

For fresh graduates venturing into the Sales and Marketing field in singapore, understanding salary expectations is crucial.According to Glassdoor, the estimated monthly salary for a recent graduate in this domain is approximately S$3,000. This figure represents the median salary,based on aggregated salary data shared by users on the platform.

While salary is one factor to consider, other aspects like company culture, career growth opportunities, and learning potential should also be evaluated when making a career decision.

The experience of this recent graduate highlights the importance of thorough research and informed decision-making when entering the job market. By understanding industry standards, negotiating effectively, and considering all aspects of a job offer, graduates can position themselves for success in their chosen careers.

What are the potential long-term impacts of accepting a lower salary offer in the early stages of a sales career?

Is S$3,000 a fair Starting Salary for a Fresh graduate in Sales?

Archyde recently sat down with alex Tan, a Human Resources Specialist at a leading recruitment firm, and Jade Lee, a career counselor at a major university in Singapore, to discuss the recent debate surrounding a fresh graduate’s offered salary of S$3,000 for a sales role at a multinational corporation (MNC).

Understanding Industry Standards

Archyde: Alex and Jade, thanks for joining us today. Let’s dive right in. Is S$3,000 a reasonable starting salary for a fresh graduate in sales, especially for an MNC?

Alex: Unfortunately, there’s no one-size-fits-all answer. It depends on several factors like the role’s scope, the company’s size, and the candidate’s experience. Though, S$3,000 is in line with Glassdoor’s estimated median salary for a fresh graduate in sales and marketing.

Jade: I agree. It’s essential to consider industry standards, but also remember that negotiating is crucial. Sometimes, companies lowball to leave room for negotiation, or they might have a fixed salary range due to budget constraints.

Base Salary vs.Commission Structure

Archyde: Some argue that for sales roles, the commission structure is more vital than the base salary. Your thoughts?

Alex: That’s true for experienced sales professionals, but for fresh graduates, a higher base salary can provide certainty and financial stability while they build their skills and track record. Plus, a low base salary might not be as motivating for newcomers.

Jade: Indeed,a good balance between base salary and commission structure would be ideal. it’s important for new grads to understand how their total earnings will be calculated.

Navigating the Job Market

Archyde: Given the competitive job market, should fresh grads accept lower salary offers to get a foot in the door?

Jade: It’s a tough call. While it’s better than no pay, one should also consider career growth, learning opportunities, and company culture. Taking the first offer might not always be the best strategy.

Alex: Absolutely. It’s essential to weigh all factors and consider the offer’s potential long-term impacts on your career. Remember, you can always negotiate or look for better opportunities later on.

Thoughts for Fresh Graduates

Archyde: Alex and Jade, what advice would you give to fresh graduates entering the sales and marketing field, notably in Singapore?

Alex: research industry standards, understand the company’s compensation structure, and negotiate based on your skills and the value you can bring. Consider all aspects of the offer, not just salary.

Jade: And always keep learning and networking. Your professional network will open doors to more opportunities and help you stay updated on industry trends and salaries.

Archyde: thank you both for sharing your insights. We hope this interview provides clarity for fresh graduates navigating the job market.