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Class of 2020: be prepared for the possibility of lower lifetime earnings
By Singapore's Budget Babe  •  June 10, 2020
TodayOnline published an article earlier today saying that "fresh graduates need not worry that if they accept a low salary at their first job, it will have a dampening effect on their pay throughout the rest of their careers". 


Here's my (strong) opinion: That's pure, utter rubbish.
Let me explain. 
My gripe is on the use of the absolute term "will not", because that effectively rules out all scenarios where that practice DOES happen.
And THAT, is where the problem is. You cannot rule out the possibility that your next hiring manager will ask for your last-drawn payslip, and use that to gauge your pay offered. That's exactly what happened to me, my friends, and many other people I know.
One of my girlfriends recently applied for a role that advertised an approximate salary range, and when she asked for the higher...
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By Singapore's Budget Babe
Budget Babe is an ordinary lady striving to achieve financial freedom in Singapore before the age of 45. She is always looking for cost-effective ways to live a fulfilling life in amidst Singapore's rising costs, and writes in order to empower fellow Singaporeans on taking charge of their own lives and finances. The final goal is to eventually break free from the competitive rat race. Will I meet you there? ...
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