Incomeat Salary.sg – Your Salary in Singapore |
Many people often wonder if they can afford to stay in private housing. There are various ways to find the answer. You can ask a bank, calculate your debt ratios, use our 7.6x guideline, or compare your income with the average income of your desired housing type – which is the main topic of this [...]
This year, civil servants will get the usual AWS and a one-off payment of 0.25 month capped at $750. This means that a civil servant earning a monthly salary of $3k will get 1.25 months of bonus worth $3,750, whereas another civil servant earning $10k a month will only get 1.075 months or $10,750. Whose [...]
About 41% of Salary.sg readers make more than $100k per annum. This is according to our poll which garnered more than 800 responses. Out of this group of high earners, about two-thirds work in multinationals (or MNCs). As for those who work in government-linked companies (GLCs), slightly more than one-third make more than $100k. Contrast [...]
Read the full article at Our Poll Results: 41% readers make 100k, mostly from MNCsWhile some doctors and administrators are having a friendly debate, I would like to bring your attention to another interesting discussion. A reader by the name “wonder” claims that his friends in GLCs earn double of what MNC employees earn. I’m a little sceptical, so let’s do an unscientific poll. Let’s compare the ratio of [...]
Read the full article at Are GLCs Better Paymasters Than MNCs?The most accurate (arguably) income comparison tool on the island has been updated. Once again, we take the data points from the latest Iras Annual Report 2008/2009 and produce the following tool that stack you up against all resident taxpayers. In our view, the data from the Inland Revenue Authority of Singapore is much more [...]
Read the full article at Compare Your Annual Income 2009According to the Straits Times (Sep 19), median home prices in 2008 were about 16.3 times the median annual income that year. The article never mentioned if 16.3x is a bearable or even realistic figure for individual households. Using ST’s median figures for 2008, if a household making $59,400/year were to buy a $970,000 condo, [...]
Read the full article at Is Your Home Price 7.6 Times Your Household Income?We’ve updated our popular income comparison calculator. The data points come from Ministry of Manpower’s Report on Labour Force in Singapore 2008 released early this year. Take your annual income (including bonus) and divide by 12 to derive your “gross monthly income” when using this income benchmarking tool: Last year’s version of the tool is [...]
Read the full article at Benchmark Your Monthly Pay By Age & Gender 2009A forum letter to the Straits Times highlighted a different way to measure affordability. Based on Numbeo’s “house price to income ratio”, Singapore ranks below major cities like Tokyo, Barcelona, Milan, Dublin, Toronto, New York City, Geneva, Oslo, Rotterdam, San Francisco, Sydney, Vienna, Stockholm, Amsterdam, Zurich, Copenhagen and Berlin. This means: if we use all [...]
Read the full article at Our Houses Aren’t As Affordable As HDB SaysIf 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 [...]
Read the full article at Professionals and Managers – Is Your Pay above the Median?Frank sharing and valuable insights from a guest (thanks!) in our Salary.sg Forums, in response to a list of questions I posed in an old article on how to get rich: – How did you make your first million? “Made my first million i think around 30 or 31 years old. Graduated from uni in [...]
Read the full article at Millionaire Forummer Shares Experience and Gives Valuable Advice
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Banking for HNWI / Private Banks | 0 | 5 |
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Constituency Manager (People...
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55 | 5,369 |
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I versus Foreign Talent
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32 | 3,498 |
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What do you spend your salary on ?
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15 | 1,569 |
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Compare civil service salary
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1,390 | 435,143 |
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