Dear readers, in the past, say 10 to 20 years ago, when an individual here in Singapore introduced himself as working for a public listed company, the individual may attract lots of envy from the others. I believe the general expectation then was that a position with a public listed company may be highly lucrative and this, I believe is due to the fact that Singapore stocks, particularly the blue-chip stocks were growing with the Singapore’s economy and there were also not that many listings (as compared to current) back then.
Fast forward to today, there are more and more public listings here on the SGX and there are also more cases of public listed companies not doing well. Think of those previous S-chip companies which have folded in the past. Or the several others which were prominent before and then fell under the radar. There was also some small penny stocks which just were not good investments for the investors.
And not to mention, there are now more diverse companies listed on the SGX such that listing or not, the income of the employees in these companies may still remain not much different.
However, I do believe that working for a large, known and reputable public listed company is still much coveted for many, especially if the salaries offered are equally generous.