Compare Your Income by Age & Gender

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[Update 13 Sep 2009: See latest version of this salary benchmark calculator.] 

Here’s the latest salary benchmark tool that we’ve all been waiting for.

It uses the data from Ministry of Manpower’s Report on Labour Force in Singapore 2007, which was just released about 1 month back.

Because “gross monthly income” in the MOM report includes bonuses, you should take your annual income and divide by 12 to derive your “gross monthly income” when using the tool.

Here’s the long-awaited salary benchmarking tool:

Last year’s version of the tool is here. See how much you’ve moved up (or down) in the ranking.

Reference: Statistical Table 40, Report on Labour Force in Singapore 2007, Ministry of Manpower (link)

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38 Comments

  1. How come the percentile stops at different numbers for different age groups? For instance for males 40-44, no matter what you put there you won’t go further than 89.8th++ percentile?

  2. We need to factor in the industry as well. At the same age, no way a local company Logistic Manager gonna earn as much as an IT Manager, or Telecom Manager…

  3. want exponential income, cannot rely on basic pay. take on some revenue generating activities, like selling ‘whatever’. if one prefers stability, then specialise in some areas like the above IT manager. that’s about the world we are in as far as pay in concerned.

  4. I’m a fresh grad.. age 23, currently looking for a job in logistics industry.. I had no experience.. so what is e market rate for a fresh grad in this industry?

  5. hmmmm, looking at the standards, exponential growth can result in getting an overseas job, i am 27 this yr and graduated from poly, this hongkong firm i am working for pays S$ 7K/mth…while working in Singapore paid me around S$3.2K/mth…so to me, its a gateway to exponential growth in terms of salary and work exposure…

  6. I have a question on Gross Salary.
    In example; if my monthly salary is $5000; do I actually include the $653($4.5k*14.5%) Employer CPF contribution?
    Therefore making my Total Gross pay $5653k?

    Net pay would be $5653 – $653 – $900(which is 4.5k*20%) = $4.1k

    Anyone care to share? THANKS!

  7. Your net take home pay is correct, but common understanding of “gross pay” does not include employer cpf contribution, and also you do not need to deduct employee contribution.
    So your gross pay is $5,000.

  8. Still there is a question about which I am eager to have the answer–
    Is it commonly seen in Singapore that a graduate who starts his career in government public service, and later switches to work for commercial enterprises?
    If the public servants reveal relatively low competence in the commercial workforce market, generally?

  9. So…even though foreigners got hired by Sg government and gathered experiences, they could barely have the chance to work for commercial enterprises later?
    Is it because that there has always been a gap between gov and commercial org employment, or because of the financial crisis now going on?

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