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These are the public holidays in 2008: January 1 (Tue) – New Year’s Day February 7 & 8 (Thu & Fri) – Chinese New Year March 21 (Fri) – Good Friday May 1 (Thu) – Labour Day May 19 (Mon) – Vesak Day August 9 (Sat) – National Day October 1 (Wed) – Hari Raya [...]
Which industry sector pays the most bonus? You may want to consider bonus payouts in your next career move, as bonuses in some industries account for a large part of your annual remuneration. Based on a chart on the front page of last Saturday’s Straits Times, the following sectors are expected to pay good bonuses. [...]
If you hear someone say that civil servants don’t earn a lot when compared to the private sector, tell him he’s not entirely correct. Ask him whether he knows about the elite Administrative Service. Chances are he’ll look puzzled, or even start wondering if the service is about doing mundane clerical administrative work. The truth. [...]
Read the full article at High Earners In Civil ServiceIn this particular industry, the top 5 firms are giving an average year-end bonus of US$201,500 for each employee this year. This is about S$290k. Yes, you heard it right. These lucky workers are each getting an average cash payout this Christmas amounting to what most people here in Singapore earn in 5 years or [...]
Read the full article at Average Bonus of US$201,500A small company hired a part-time masseuse in 1999. The job made her a multimillionaire just 5 years later. This is a true story (see NYT article). That company was Google. And that masseuse was Bonnie Brown. She exercised all her Google stock options in 2004, getting millions of (US) dollars in return. I just [...]
Read the full article at Get lucky to be richThe June-to-September period saw very strong employment, with the highest gain in the services sector. In the recently released MOM publication, Employment Situation Third Quarter 2007, it is estimated that the current employment level (as at September 2007) stands at 2,667,400. This means there are about 2.7 million workers in Singapore. How many of these [...]
Read the full article at Strong Employment GrowthThere is a job notice in www.eFinancialCareers.sg that offers a $100k per annum salary for an Assistant Private Banker position. The job scope entails providing administrative and sales support. In other words, the successful applicant will just in effect be a secretary of a private banker. Not much work, I suppose? I’m beginning to doubt [...]
Read the full article at 100k for Assistant Private BankerFrom 2000 to 2005, Looi San Cheng made $1.05 million in profits from his curry puff business. But this star hawker-businessman, who was lauded by PM Lee no less at last year’s National Day Rally, made a wrong move by evading tax. He under declared his income by more than $1 million over the 6 [...]
Read the full article at Millionaire HawkersIn a bid to attract more people to switch to teaching, the Ministry of Education has announced concrete HR policy enhancements in terms of remuneration and career advancement for mid-career teachers. According to MOE’s press release, about 22% of all teachers have more than 1 year of non-teaching work experience before becoming teachers. Kudos to [...]
Read the full article at Higher Pay for Mid-Career TeachersFresh graduates prefer to work in the banking and finance industry, according to the 2007 JobsFactory Employer of Choice Report. More than 2,800 fresh graduates from NUS, NTU and SMU responded to the JobsFactory survey, which basically asked them 2 questions – 1 for private employers and the other for government-linked ones. The survey respondent [...]
Read the full article at Banking and Finance Jobs Preferred
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