Income

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Archive for the 'Income' Category

Baby Bonus, Parenthood Tax Rebate

Friday, May 11th, 2007

It’s good to have babies – enjoying the cute little ones, having family life, experiencing unconditional love, passing down your genes… In Singapore, you even get financially rewarded for having babies. As the country is facing a dearth of babies, the government encourages procreation by giving baby bonuses and parenthood tax rebates. If you have [...]


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IT salary benchmark

Wednesday, May 9th, 2007

CNet Networks has been advertising its IT Salary Benchmark Survey throughout the web. Friends tell me that the free report that you will receive after taking the survey is quite accurate in terms of the salaries IT professionals are getting. If you are working in the IT industry, why not take the survey, get the [...]


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Best paying jobs: Executive

Wednesday, May 9th, 2007

Chanced upon a local magazine called Executive. The current issue of Executive talks about the best paid jobs in Singapore. Well, a glance at the article reveals that most of the information comes from the Kelly Services Salary Guide, which was mentioned here previously in Pay rise in high-growth sectors. What’s noteworthy is that the [...]

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Work-life balance more important: Survey

Monday, May 7th, 2007

A survey done by recruitment consultancy Robert Walters found that a flexible work-life balance is more important to Singaporeans than high pay, reported the Business Times today. Next in importance is transparency in career progression. Apparently, high income does not matter much. This is a rather surprising finding, considering the recent media coverage of people [...]

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NUS Business School ad

Monday, May 7th, 2007

Following some NUS ads, the NUS Business School now places a full-page ad in Straits Times today. The ad featured 3 guys, all from the bulge bracket investment bank Goldman Sachs. They are fresh graduate Joshua Huang joining as an Analyst, Kee Poir-Mok who is an MD, and Yap Kian Pin who is an ED. [...]

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Wages are up in banking and IT: BT

Monday, May 7th, 2007

Good news. According to a report in the Business Times today, the IT and banking sectors are sizzling hot at the moment. Despite paying top salaries, employers are still facing a shortage of talented professionals in these sectors. The number of job positions has grown significantly compared to last year. Sectors currently facing a supply [...]

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The rich get richer

Monday, May 7th, 2007

There is obviously much truth to the title of this post. Just allow me to further substantiate it with my thoughts. First, let me say something about my advice to smart students. The advice still stands, but the whole truth is that if you are smart but poor, it’s so much harder to reach that [...]

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Short career in I-Banking

Sunday, May 6th, 2007

A former classmate told me that most investment bankers have relatively short i-banking careers. In fact, many start their second careers in less lucrative sectors before they hit 35.  In investment banking, It’s either “up” or “out”. That cruel. So, why am I still waxing lyrical about investment banking? Say you graduate with a good MBA at [...]

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NUS ads

Saturday, May 5th, 2007

NUS recently started placing full-page ads in Straits Times. I’m not aware of any official graduate employment survey from NUS this year (see SMU graduate employment), but the NUS ads say that the top 20% of NUS Business School with BBA Honours are getting an average starting pay of $5,046, with the “top salary hitting [...]

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Expats on local terms

Wednesday, May 2nd, 2007

Zaobao.com reported that the perception that expats make much more income than locals may not be entirely correct. A recent survey on 79 companies in Singapore (some are MNCs) showed that only 14% of the companies differentiate between expats and locals in terms of remuneration. The same survey found that foreign employees with specialised knowledge in [...]

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