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All about Income, Jobs, Career, and Investment in Singapore

 

Archive for June, 2009

Salary Tax Calculator

Sunday, June 28th, 2009

If you are a local resident, simply use the tax calculator 2009 published previously. It takes into account the 20% special tax rebate.
As the rebate is one-off, for foreigners who would like to get a sense of the tax rates in Singapore, without distortion from the one-off rebate, please use the following salary tax calculator. [...]


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Salary Survey

Saturday, June 20th, 2009

There are salary surveys that you can use to assess whether what you’re getting is competitive.
Bear in mind that some of these salary reports give figures that are perceived to be on the high side.
For example, more than 50% of readers here voted that the figures in Hays Salary Survey and Guide 2009 are too [...]


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What happened to Life Sciences?

Monday, June 15th, 2009

It’s been a while since the term life sciences last appeared in the mainstream media. Most recently, it appeared somewhat in the form of “green chemistry” in this CNA report talking about GlaxoSmithKline opening a facility in Singapore and sponsoring some scholarships.
The scholarships are for studies in green chemistry and public health policy.
Green chemistry? Shouldn’t [...]

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Launch of Salary.sg Forums

Friday, June 12th, 2009

We have launched Salary.sg Forums.
Now you can discuss salary, job, career and investment matters in a user-friendly forum format.
Powered by vBulletin – which is the most popular forum engine among top discussion forums worldwide – you can now view well organized threads of discussions and reply directly to a particular thread or post that is [...]

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Are you a Prodigious Accumulator of Wealth?

Monday, June 8th, 2009

In the book “The Millionaire Next Door”, the authors defined prodigious accumulators of wealth as people who manage to accumulate twice their expected net worth.
To calculate your expected net worth, refer to this old Salary.sg post. (Note that I called it “target net worth” previously.)
This chart gives you an idea of how much net worth [...]

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Historical SIBOR (see graph)

Monday, June 1st, 2009

As the property market heats up again, you may be interested in buying a new home and taking up a Sibor-pegged property loan.
Do you know that the 3-month SIBOR rate shot up to an astonishing 9.5% in early 1998?
Or that it went to a low of 0.56% in mid-2003?
The following chart shows the interesting history [...]

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