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Non-specialist doctors who join medical groups as general practitioners earn a starting pay of $10k/mth, with a 13th-month bonus thrown in. In other words, these salaried medical professionals make $130k/yr fresh out of training.
This is according to an article in yesterday’s Straits Times, which highlighted the trend of young doctors joining medical groups instead of [...]
Want to know which are the best-paying jobs in the highly lucrative Banking & Financial Services industry?
We have compiled a list of 25 high-earning jobs based on the MOM Report on Wages in Singapore 2009.
Unsurprisingly, jobs like forex dealer, commodities futures broker, sales manager and risk manager feature prominently in the list.
Here’s the list. The wage [...]
Managers in their late thirties earn a median gross salary of $6,328/mth.
Professionals in the same age group make $4,970/mth.
Are you above the median? (In other words, are you in the top 50% of your cohort?)
Or are you below the median?
Based on the MOM Report on Wages in Singapore 2009, these are the median gross monthly [...]
This is the 2010 edition of our very popular list of 100 best-paying jobs in Singapore.
As with previous editions, this list is based on income data from the recently released MOM Report on Wages in Singapore 2009.
MOM uses actual CPF data, but only the base monthly wage data are published. This means bonuses and shared [...]
Household incomes practically decreased across the board in 2009, according to a recently released publication on income statistics from the Singapore Department of Statistics.
The average monthly household income of all households decreased to $7,549 in 2009 from $7,752 in 2008.
The corresponding median income also decreased to $5,398 from $5,475.
If you split the households into 10 [...]
Civil servants are set to receive a bonus of half a month and a cash quantum of $300 in July.
This is considered good news, compared to just 6 months ago when public servants received a pittance as year end bonus. The Public Service Division explained that the Singapore economy, which grew by 15.5% in Q1, [...]
According to this Bloomberg news article, a Singapore-based senior risk manager with a foreign bank earns between $300k and $400k annually.
“Aldabe’s agreed annual salary was $220,000, an additional target bonus of $170,000 and $30,000 in restricted shares. On Nov. 6, 2008, Standard Chartered informed Aldabe that his annual wage was S$323,400, based on an exchange [...]
If you think property prices are too high, you are not alone.
The URA indexes for rest of central region and outside central region are at an all-time high.
According to the new NUS Singapore Residential Price Index (SRPI), its index for non-central region has also surpassed way beyond the 2007 peak.
A little advice for those looking [...]
The latest graduate employment survey reports are out.
The 2009 batch of graduates from NUS, NTU and SMU were asked about their starting pay and whether they were employed on a permanent basis.
The highest starting salaries come from the 4-year Information Systems Management programme at Singapore Management University. Those who graduated from this course with at [...]
Do you know that Singapore uses a progressive tax system? The tax rate increases as the chargeable amount increases. (See IRAS tax rates.)
A person with a chargeable income of $100k is taxed $7,100 or 7.1%.
But if the chargeable amount was $300k he has to pay $39,300 in taxes or 13.1%.
Fair?
Here’s the income tax calculator for [...]
Read the full article at Income Tax Singapore YA2010
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