Professionals and Managers – Is Your Pay above the Median?

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If you’re a working professional in your late thirties, the median gross salary in your age group is $5,048/mth.

Managers in the same age group make a median pay of $6,500.

This is according to the Ministry of Manpower’s Report on Wages 2008 (released middle of this year).

Here are the stats for the various age groups:

  1.  25-29 age group: Managers $3,860, Professionals $3,416
  2. 30-34 age group: Managers $5,225, Professionals $4,269
  3. 35-39 age group: Managers $6,500, Professionals $5,048
  4. 40-44 age group: Managers $7,150, Professionals $5,536
  5. 45-49 age group: Managers $7,480, Professionals $5,800

Is your pay above the median?

And here are the top 22 managerial and professional jobs ranked by their median gross wages in the late-thirties age group:

  1. Specialised surgeon – $26,250
  2. Advocate and solicitor – $12,243
  3. Managing director – $12,000
  4. Fund manager – $11,854
  5. General manager – $11,459
  6. Company director – $10,515
  7. Business management consultant – $9,619
  8. Legal officer – $8,725
  9. Treasury manager – $8,500
  10. Risk management manager – $8,209
  11. General physician – $8,176
  12. Legal service manager – $8,015
  13. Chemical engineer (Petroleum) – $7,854
  14. Operations manager (Finance) – $7,800
  15. Computer operations and network manager – $7,107
  16. Budgeting and financial accounting manager – $7,021
  17. Research and development manager – $7,000
  18. Computer and information systems manager – $6,779
  19. Creative director (Advertising) – $6,625
  20. Business development manager – $6,500
  21. Information technology security specialist – $6,498
  22. Marketing manager – $6,495

Also deserving of mention are: Corporate Planning Manager and Training Manager (each >$8,500 in the early-forties age group), and University Lecturer (>$7,500 in the late-forties age group).

See also my list of the 100 best-paying jobs.

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209 Comments

  1. 35malemarried1son on

    earn sgd6100(also a total household income); i m 35 married with 1 son, in telecom equipment vendor as engineering consultant working day & night….what the hell…seem like ppl is making so much money! any one know any link /statistic for telecom in singapore? but seem like those statistic tell ppl don’t work for ppl…most will hit company director/ ~ SGD12,000/month…how long will you need to wait to replace the existing one?? i think better have a 2nd income source to make another $6,000…gee!so stress now! am i in poor category now?…any one can help to show me the way to get more income? any link to see the household income statistic of singapore?

  2. There are only a few standard ways to make more money: give private tuition, drive part time taxi and start some business on the side. Not easy. If easy, people won’t be stuck in their jobs.

  3. Actually the easiest way is to quit your job and let your previous employer hire you back as a self-employed consultant. This way you can work for other companies as well and get paid a lot better…

  4. Simple. If you are working day & night than your employer does not have time to hire somebody new and train him up to your standard… Besides he pockets a very healthy margin because clients pay him a lot than what you get.
    Clients could also hire you as an independent consultant and pay you directly!

  5. Chelsey Young on

    Managers should have a basis of how much is the salary that they are entitled to accept. But they should also perform well to show their boss that they are worthy to get a high salary.

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