Signing On as a Combat Specialist
Well, this issue is for guys only. Recently, i received a book by Navy advising me to sign on. I used to believe the signing on will only restrict my future and thus, have nv put in any efforts in analysing the pros and cons of signing on. Thus, as our youth life is coming to a close and is time to plan for our future, i've actually done a small analysis on the prospect of signing on.
These are all in figures.
As a combat specialist...
Under the polytechnic induction scheme, all diploma holders who decided to sign on will receive a lump sum of 15,000, provided you've passed the interview.
X) S$15,000
Then, as a recruit, you will receive a monthly salary of $1901 per month instead of 350 for 5 months. Den your pay will increase to $1,991 you got promoted to become a corporal for 11 weeks. Den you will be promoted to become a 3rd sergeant for one year, pay =$2,162.
Thus on average, your first year pay is $23,653.25
1) $23,653.25
Second year pay = 25994
2) $25,994
Den, you will be continued as third sergeant and your pay will rise to $2230 per month for a year. Annual pay = 26,760
3) $26,760
Nxt, promotion again. 2nd sergeant now. Pay =2,253, annual pay=27036
4) 27,036
Last cont as 2nd sergeant, but pay rise = 2324, annually= 27888
5) 27,888
Including your lump sum of 15000, your total amt u will receive in five years = 146,331.25
Now it is the EXPENSES part.
On avg, one will spend ard $800/month on food and transport. Thus for five years = 48,000
1) 48,000
Den, if wan to study a degree, it costs S$20,000
2) 20,000
Thirdly, give parent money, monthly $300, five years = 18,000
3) $18,000
Fourthly, if wan to have 2nd car, it costs ard $400 per month, five years = 24,000
4) 24,000
On a whole, it costs 110,000
Thus,
Rev = $146,331.25
cost= $110,000
NP= $36,331.25.
So in five years, your saving will be this amt.
I am not sure my estimation is really logical. But all these amt is excluding the fact that incidents, and bonuses. Thus i believe these two factors will cancel out each other resulting in the net figure of $36,331.25.
This is jus a comment no worries.
BY ASHTON PHUA
posted by yong seng @ 7:11 AM
3 comments
3 Comments:
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I quit, but I was in a position to simply because I was finding married and DH had a better paying job anyways. The crazy factor was, that when I was operating and there were additional shifts needed to be taken I would uncover an individual to throw my kid at and work them. I had even gone into work with the flu and pikes in individuals bathrooms even though I worked overnights.
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