Income

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Archive for the 'Income' Category

Benchmark Your Monthly Pay By Age & Gender 2010

Friday, December 31st, 2010

Once every year, we update this income comparison tool, which is one of Salary.sg’s most popular income comparison calculators. As always, the data points for this come from Ministry of Manpower’s Report on Labour Force in Singapore 2009 released earlier this year. To compare your “gross monthly income”, divide your total income (including bonus) by [...]


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Civil Service Bonus end-2010

Thursday, December 9th, 2010

The Public Service Division has announced that civil servants will get a total of 2 months bonus this year end, with 1 month for the Annual Variable Component (AVC) and another 1 month for the Non-Pensionable Annual Allowance (NPAA), also known as the 13th month payment. This year-end bonus is on top of the 0.5 [...]


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45% Expats Make More Than $265k

Thursday, September 23rd, 2010

Expatriates working in Singapore are doing well economically. 45% of them are earning an income of more than S$265,000, according to the HSBC Expat Explorer Survey 2010. Note: S$265k = US$200k. According to the survey report, Singapore is ranked 1st by the proportion of expats who make more $200k USD a year. Bermuda is 2nd [...]

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Compare Your Annual Income 2010

Sunday, September 12th, 2010

We have updated our ever-popular income benchmarking tool to use Iras’ latest data. Our income comparison tool needs no introduction. If you have not heard of it, see last year’s edition. The past 4 editions of this tool have attracted a total of more than 230 comments. To use it, just type in your annual [...]

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Private Tuition Teacher Makes $520k

Saturday, September 4th, 2010

Private tutor Phang Yu Hon who gives Physics tuition earned a whopping $520,000 last year. He paid over $85k in taxes. In a video interview with ST, he said he will be earning even more this year: “My income has been going up exponentially. So, I think this year it’s going to be even higher. [...]

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Fresh GP Doctors Make $10k

Sunday, August 29th, 2010

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 [...]

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Top 25 Jobs In Banking & Finance

Wednesday, August 25th, 2010

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 [...]

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Are You Earning More Than Median Pay?

Sunday, August 15th, 2010

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 [...]

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Top 100 Jobs In Singapore 2010

Sunday, August 8th, 2010

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 [...]

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Benchmark Your Household Income 2010

Friday, June 4th, 2010

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 [...]

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