The 70:20:10 framework is a rule of the thumb framework adopted by most MNC HRs when deciding your competency and deciding if they should call you for interview or not. I worked in fortune 500 companies and they have all openly declared that they adopted this framework in determining a person's competency, and whether they are suitable to be hired for a job.
Likewise, my gut feel is that you can also expect your salary to be 10:20:70. Fresh graduates get 3k = 10%. You extrapolate you can figure out that your most elite CEO/president probably might get 30k.
You have fancy degrees from NTU, NUS, SMU? So what? only 10% importance whether you get the job or not. The rest is Experience - 70%, exposure - 20%.
Some Exceptions I can think of:
- If you are from Havard, MIT, Standford or Oxford, elite universities.
- If you work in government sector, they have different framework of judging your competency
Source:The 70:20:10 Framework
Agree or Disagree with me? Pen your views down
I hope I can spark a good vibrant debate with this thread.
I know that my proof is only from my own experience. Sorry in advance that Its not really concrete proof. You want concrete proof, bring this framework to your recruitment HR and ask them. And share your findings here.
WahKao3
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