<human>: I apologize for disturbing you, Reddit. And a throwaway account to boot.  But it has come to my attention that my degree is going to become sort of worthless and i wanted some advice - I'm in a public university in singapore. 

My complacency in the first year of college (b.eng computer engineering) caused me to fail a few subjects. I worked really hard to clear those and not get kicked out of school - lost a few sems playing catch-up. I have now got my grades up to a A/B average - i shall not bore you with the specifics. However, it will now take me an extra year to complete my 4-year honors degree. This means I will no longer get the Honors listed on my degree - it will just be a pass degree - irregardless of my grade point average. 

I have a work attachment and an intensive Final Year Project I need to do as well - so no way i can overclock and finish it in four years, unless i take special semesters and industrial orientation, which is of a lower value than industrial attachment but shorter. And take about 6 heavy subjects together with my final year project. There is a chance that i may screw up these exams and pass them but get really lousy grades :(.

So my questions are these: 

1) Did employers look at your degree or your grade? 

2) How did you explain yourselves when they asked you why it took you longer? 

3) Did they hire someone who completed on time, but had worse grades than you, over you? 

4) Are you guys paid less than those who completed on time? 

5) What other skills did you learn while taking the longer route? 

6) Did you do a masters after bachelors'?

7) Should i get lower grades, finish the degree faster and graduate with plain honors or should i focus on learning the subject matter, though it will take an extra year? 

I thank you for your time and your advice!

Provide a brief overview of the text.
<bot>: Computer engineering 4 year honors degree. Slacked in year 1. need an extra year to complete but penalty is honors. am in year 3 and no way in hell to finish next year. what do :(?