If statistics dont lie , fresh graduates are are now said to enjoy starting pay of $2500, in some cases, this can be as much as $3000 or $3500. (The pay in the papers are usually taken from the 'brightest' , 'creme de la crop' high fliers).
No doubt this will leave a bitter after taste for some of us, who has started from much humbler 'beginnings',during the economic crisis that sees pay freezes, retrenchments and the like.
But taken from another perspective, its indeed been a good decade since we graduated. With rising costs and inflation, perhaps the increase in the starting pay is only understandable.
Wait! What about the rest of us still slogging with low pay that probably took us longer time to rise to the current levels these freshies are drawing? Oh well...as the saying goes, life is never fair.
All's not lost though. Just as starting pays are higher for freshies, it would probably be reasonable to see higher pay rise, etc for employees. If anything be, we better enjoy the current good times, before the next downcycle hit us again. Afterall, we mustnt ever forget, what goes up, will come down. All's a matter of time.
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