Salary.sg – Your Salary in Singapore

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 of starting their own private clinics.

Starting a solo practice requires $150k or so, said a doctor who’s with a medical group. And the income may or may not be better.

“… a highly successful solo practitioner can earn ($20k/mth) or more, but a less successful one may make $8k to $9k or less, said (another doctor).”

Even locums make $70/hr.

See also our 2007 articles on Doctors’ pay and Income of GP Doctors.

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 list. The wage numbers are the third-quartile monthly gross wages.

1. Managing director – $41,279
2. Company director – $21,700
3. General manager – $18,000
4. Foreign exchange dealer and broker – $17,434
5. Sales manager – $12,667
6. Legal service manager – $11,807
7. Commodities futures broker – $10,000
8. Computer and information systems manager – $9,583
9. Operations manager (Finance) – $9,459
10. Budgeting and financial accounting manager – $9,345
11. Personnel / Human resource manager – $9,340
12. Risk management manager – $8,840
13. Corporate planning manager – $8,120
14. Business development manager – $8,110
15. Marketing manager – $8,033
16. Fund manager – $7,892
17. Administration manager – $7,200
18. Treasury manager – $7,050
19. Legal officer – $7,000
20. Customer service manager – $6,667
21. Credit analyst – $6,200
22. Finance sales associate professional – $5,944
23. Computer operations and network manager – $5,868
24. Market research analyst – $5,356
25. Business analyst – $5,300

See also our List of Top 100 Jobs in Singapore 2010 and Median Pay of Managers and Professionals.

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 the median gross monthly wages for the various groups:

Managers

1. 25-29 age group: $3,800
2. 30-34 age group: $5,250
3. 35-39 age group: $6,328
4. 40-44 age group: $7,031
5. 45-49 age group: $7,073

Professionals

1. 25-29 age group: $3,283
2. 30-34 age group: $4,125
3. 35-39 age group: $4,970
4. 40-44 age group: $5,448
5. 45-49 age group: $5,700

See also our List of Top 100 Jobs in Singapore 2010.

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