Posts: 46,858
   
Threads: 34,114
    
Likes Received: 6,046 in 5,700 posts
Likes Given: 63,132
SMU graduate takes 20% paycut to leave army captain job to join uni grad wife as hawkers selling porridge in AMK
https://cnalifestyle.channelnewsasia.com...lim-393411
Posts: 14,280
   
Threads: 600
    
Likes Received: 2,846 in 2,531 posts
Likes Given: 911
Leave army and no need do shit jobs. Good la
Posts: 685
   
Threads: 1
    
Likes Received: 296 in 214 posts
Likes Given: 12
(16-07-2024, 03:12 PM)Bigiron Wrote: SMU graduate takes 20% paycut to leave army captain job to join uni grad wife as hawkers selling porridge in AMK
https://cnalifestyle.channelnewsasia.com...lim-393411
The salary range for a Captain is $5.5 - $7.5k, if we take a conservative estimate of $6k & factor in 16 months salary in a year which works out to be $96k excluding any additional allowances and pay premiums.
So a 20% pay cut works out to $77k p.a., basically the husband gets paid $77k and I suppose the wife being the main driver for the stall gets at least another $77k and the 2 part time parents maybe $35k each?
I must say that's quite a lot from two congee hawker stalls... I'm surprised they can make this much as article says each bowl is only $4.50, perhaps they compensate with very high volume?
Anyone familiar with their stall can comment?
Posts: 133
   
Threads: 1
    
Likes Received: 41 in 37 posts
Likes Given: 954
(16-07-2024, 04:15 PM)maxsanic Wrote: The salary range for a Captain is $5.5 - $7.5k, if we take a conservative estimate of $6k & factor in 16 months salary in a year which works out to be $96k excluding any additional allowances and pay premiums.
So a 20% pay cut works out to $77k p.a., basically the husband gets paid $77k and I suppose the wife being the main driver for the stall gets at least another $77k and the 2 part time parents maybe $35k each?
I must say that's quite a lot from two congee hawker stalls... I'm surprised they can make this much as article says each bowl is only $4.50, perhaps they compensate with very high volume?
Anyone familiar with their stall can comment?