What Salary? - MBA (Wharton) & 10+ Years Experience

[Please_just_one_more]

Sorry - Just had to start one more salary thread.

For a person with Wharton MBA and 10+ years of experience, please give an idea of what package to expect. especially in this economy.

Country of Origin: USA
Experience Areas - consulting, IT
Job Area - IT Services
Company - Multi national company - US based
Offer Status - Offer announced, package details pending

[wharton?]

Never heard of Wharton.  Is it in America?  MBA's are 10 a penny here and come at the bottom of a cereal packet [only joking]  

[MBA]

Wharton? Are you an idiot? The Wharton School of the University of Pennsyvania is the #1 business school in the world as ranked by the Financial Times, Business Week, etc. Do you live under a rock?

As to answer your question, pay in Singapore is a lot less than what you would command in the US or UK. I would expect that you could get at least 180k base salary. I'm not too sure about the perks companies are offering these days.

[Reasonable]

Base - $180K minimum
House - $60K minimum
Kid Schooling - $24K
Car - $18K

Anyone else with better figures?

[US MBA]

You should be able to fetch your current US package (+whatever increase ref to your risk of changing to a new employment and new country, ~+10% to 30%) + an expat package (house+car), if the MNC really want to get you to S'pore.

S'pore market does pay international talents with US prices despite the down turn ... especially MNCs that need staffs with global experience...

Wharton is a good card and should fetch the $

[Unbelievable]

Hey usernames MBA and US MBA
-------------------------------------------------
Which companies are you talking about? Your estimates seem high. Can you guys or someone else tell me which companies they are. Specific names please .....

[Caveat]

I had an expat friend in HR at my MMC who used to troll this board regularly and screw with people who asked compensation questions.

I guess she got her kicks by either convincing people they got a really good offer when they didn't or convincing people they got a really crummy offer when the opposite was true.

She was especially tickled when she could identify applicants to her company by the personal details provided. Then the fun really began.

Hmm, now how hard would it be to identify a Wharton MBA from the US with 10 years experience and an IT consulting background who has just got an offer from a US MMC?  

But having said that, the lack of actual specifics, save the Wharton degree, means commenting on compensation is just guesswork. Can't even get you in the ballpark.

If you tell us where you previously worked, what you previously did, your reasons for leaving, the nature and scope of the previous jobs, new job, etc., then somebody might have a shot a commenting about your proposed compensation intelligently.

All I can say is this. One, I'd personally be an unhappy camper if my total comp fell to the figures suggested in this thread. Two, I'm continually surprised by people who continue to be surprised by compensation levels.

Many FRESH MBA grads from top B schools have received offers north of US$100,000 for basic salary alone.

How much of a premium the original poster should receive depends, of course, on what he's done over the past decade and what current market is for that experience.

In this economic environment, though, employers are being cheap b@stards.

Negotiate your a-s-s off, get EVERYTHING in writing and have your own lawyer look at it. Then you should be OK.

[Unbelievable]

Caveat

Long answer. Not much substance. How much do you make?  Why do you say you would be an unhappy camper?

[US MBA]

Unbelievable,

If you are fr top US B-schools you will know nothing is "unelievable" if you can prove your worth... the name of the school on your resume helps to open door and set a certain expectation of what you are worth... likewise, if you are only a fresh grad w/o much experience, even with a good pedigree, your employer will test its $ worth on you.

You should also know that it would not be professional for one to comment on its company's pay on any individual, especially on a message board... your insisting of this question w/ several of the individuals on this board will unlikely get a response ...

[Caveat]

Hey "Unbelievable,"

Feel free to skip my posts if they test your attention span or just bore you.

I'm not sure you ought to be questioning the issue of substance, though, given the nature of your contribution so far.

Meanwhile, why don't you give the rest of us some specifics so we can understand why you find all this so "unbelievable."

Like if you're some dim corporate deadwood or no-value-added nincompoop, then I can understand why you might have trouble fathoming a BASIC annual package of S$300,000.

But heck, there's a family who posted on this board about giving their maid the equivalent of an "expat" package to move with them from HK to Sgp. She even got a "sign on" bonus from the looks of it as well as a premium over what the "local" maids in Sgp make.

This "package" may be "unbelievable" to the maid's Singapore peers, but it really seems just a case of the maid and employer understanding her real worth.

Or at least that's what I believe.

[polo]

Hey, Chelsea Clinton just got an offer of USD100Kpa from McKinsey's NY office, fresh out of school.

So.

[Mba]

Chelsea Clinton, daughter of former president Bill Clinton, has been offered a position as an entry-level business analyst at McKinsey, a management consultancy. The offer includes a $100,000 starting salary. McKinsey increased the original $60,000 offer to compete with other firms and keep Clinton in negotiations. A typical entry-level business analyst working in New York, N.Y., earns a median base salary of $52,184. Half of the people in this job earn between $46,853 and $59,503.

You see it's all about negotiating skills and academic pedigree.

[wingyhk]

Surely if you are working for a Us based MNC they are aware of the value of a Wharton MBA and will pay you accordingly?

Whilst MBA's are a requisite for the upper echelons of the US corporate world, they are elsewhere in the world less highly valued , in the UK for example. I am not aware of how they are viewed in Spore but it won't do u any harm!!. They key issue is how badly they need specifically the skill set you will bring, how much of your MBA knowledge will be applicable etc - this will then determine you worth and therefore your package.

[Heart of Darkness]

Surely after 10+ years, the fact that you have a Wharton MBA has little more than symbolic value.Wouldn't you performance and achievements since be of more relevance in the determination of your worth today?

[stonie]

hey, we had a guy here with an MBA from US and 16 years of experience. Sad to say, we had no other chance than giving the boot.