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[Update 5 Jan 2012: See our latest post Pay Cut for Prime Minister and Ministers, But Note the Make-Up Pay.] The Straits Times released some interesting income figures today. As you may know, the income benchmark for ministers and top civil servants is pegged at 2/3 the median income of all the top 8 earners in [...]
According to the Straits Times, the average starting pay of SMU graduates is $2,850 per month. The ST article mentions: The top 20 per cent of wage earners among them earn an average of $4,630, about 20 per cent higher than the $3,840 average in 2005. Among them are 26 graduates who earn more than [...]
SM Goh is encouraging high-income Singaporeans to donate at least 0.5% of their income to charities, as reported in today’s Straits Times. He defines high-income as making $7,000 or more every month. The ST article also mentions that the top 10% of income earners made $5,625 or more in 2004 based on Manpower Ministry data.
Read the full article at High-income earners should donate 0.5%Business Times reported today that there have been signs of strong hiring in certain high-growth sectors. Among the industry sectors cited are: financial services (i.e. banking and finance), engineering and technical, call centres, life sciences, and healthcare. The BT report is based on information from Kelly Services’ Singapore Salary Guide 2007, which provided minimum and [...]
Read the full article at Pay rise in high-growth sectorsBusiness Times reported today that the number of taxpaying millionaires has increased to 1,738. It was just 1,481 in 2004. According to the latest IRAS Annual Report, there were 1,724 resident taxpayers with assessed income of more than $1,000,000. Non-resident taxpayers in the same income group numbered 14. The number of taxpayers who reported income [...]
Read the full article at Income of Taxpayers RisingMinistry of Manpower has released the latest Report on Wages in Singapore 2005. It’s a compilation of surveyed data collected in 2005, and released this year (2006). Notably, the jobs with the top median starting salaries are: advocate and solicitor ($3,800), semi-conductor engineer ($3,595), financial analyst ($3,167), electronic engineer ($2,850), and aeronautical engineer ($2,600). Based on [...]
Read the full article at Top 100 jobs in Singapore
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