Comments on: Benchmark your pay by age group

By: admin

admin — Tue, 26 Feb 2008 14:12:01 +0000

winston, you can use the calculator above, or the latest one here:
http://www.salary.sg/2008/compare-your-income-by-age-gender/

By: winston

winston — Mon, 25 Feb 2008 13:16:03 +0000

hi,

im 28 tis year, in media advertising as media director, earning $8,000 / month BASIC.

so in what projectile am i , admin? thks for replying..

By: Compare Your Income by Age & Gender | Salary.sg - Your Salary in Singapore

Sat, 23 Feb 2008 16:50:53 +0000

[...] year’s version of the tool is here. See how much you’ve moved up (or down) in the [...]

By: Security Guard Makes 4k | Salary.sg - Your Salary in Singapore

Security Guard Makes 4k | Salary.sg - Your Salary in Singapore — Thu, 21 Feb 2008 15:28:53 +0000

[...] And he’s only 28 years old. This puts him in the top 90% in his age group, according to Salary.sg’s benchmarking tool. [...]

By: Are You Paid Well Enough? (And Why Millionaire Next Door Sucks) « The Curious Schemer

Thu, 14 Feb 2008 06:17:15 +0000

[...] Benchmark your income by age group. Ooooh, I love this one. I mean after all, if you don’t compare so well in the benchmark above, that may be because there are a lot of people in their forties make a lot more than you do, right? But this benchmark also serves a very important purpose: to track your progress as you grow older. For instance, if a girl makes 6k/month and she’s only 28, then she’s at the 98th percentile. That’s pretty damn good! But say she stays in the same company for 10 years, getting a 3% raise every year. By the 10th year, she’s making around $8000 per month. Is she still doing well? Not as much, because that drops her into the 90.9th percentile only, not considering inflation etc. She has to do something more to keep her at her original percentile. I absolutely love this benchmark. [...]

By: Kelvin

Kelvin — Sun, 10 Feb 2008 15:26:21 +0000

useful tool. thanks.

By: admin

admin — Mon, 04 Feb 2008 14:10:53 +0000

Keito, funny that some people are commenting these official surveys are painting too rosy a picture (see: http://www.salary.sg/2008/degree-holder-is-your-income-above-the-median/#comments ), and yet some like yourself are saying the reported numbers seem low!
Well, to try to answer your question, maybe the people buying properties are wealthy foreigners, rich expats, or high-income couples earning >$10,000/mth who borrowed heavily (a loan of $1m repayable over 30 years at 5% pa requires a monthly installment of $5,400 which is not beyond their reach).

By: Keito

Keito — Sun, 03 Feb 2008 14:17:59 +0000

Not too sure how accurate this benchmark is but most of the people i know or worked with are already way up in the top 5% income earners going by this survey. Somehow i feel that in reality the income level should be higher. If not, how can there be so many people buying up all the private properties despite current price levels??

By: Junior Trader Makes 0k | Salary.sg - Your Salary in Singapore

Junior Trader Makes 0k | Salary.sg - Your Salary in Singapore — Fri, 25 Jan 2008 14:59:43 +0000

[...] to the popular benchmarking tool in this website, if you make $200k a year or $16,666 a month, you beat 97.6% of your [...]

By: Tan

Tan — Thu, 10 Jan 2008 17:15:23 +0000

Hi, I think this graph is really great!!Appreciate the effort there!

Would it be possible if we can have a 2008 version of this? Given the recent salary hikes, would be good if we can have an up-to-date comparison. Hope you’re acceed to the request. Many thanks again for your time!