[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)
not bad. I’m ranked pretty high 🙂
i ish rank high
Somehow i feel this is not that accurate…mianly cos of the way the data was colleced (survey) and the sample size(smallish) ?
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?
Eugene, you may be interested in the Survey Coverage and Methodology document at this link, particularly the section on the reliability of data.
Howcome, it’s because the data for >$10k wasn’t broken down further. You may take a look at the raw data by following the link given in the reference.
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Ahh, admin, thanks for the explanation. I get it now. Are you aware of any stats that stop at, say, 20k/month instead of just 10k?
it is a good general comparison. So you hv to take into account ur qualification, job scope and yrs of experience.
e.g. $2.5k @ age grp 25-29 = top 45%. if u r a University Fresh Graduate, you are getting average pay (fair enough). If u r a ITE grad, u r quite well paid. But if u experienced grad working late everyday, it is time to talk to ur boss.
We need to factor in the industry as well. At the same age, no way a local company Logistic Manager gonna earn as much as an IT Manager, or Telecom Manager…
this goes past all industries..
anyway some companies pay outrageous bonus. so not reflective of monthly salary.
I am an IT project manager with around 9 years of experience. How is 9K as a monthly salary?
everyone is high, damn! i feel that i am low
SN, I’d say it’s quite good leh.
@everyone else is high: look for other jobs? improve your skills? network more? A lot of things one can do to increase one’s pay leh…
want exponential income, cannot rely on basic pay. take on some revenue generating activities, like selling ‘whatever’. if one prefers stability, then specialise in some areas like the above IT manager. that’s about the world we are in as far as pay in concerned.
I’m a fresh grad.. age 23, currently looking for a job in logistics industry.. I had no experience.. so what is e market rate for a fresh grad in this industry?
I thinking of joining army or navy. How much does a captain or colonel paid?
dun sign on lar….waste ur life
dun sign on lar waste your life away…retire do wat? taxi driver? u scholar? not scholar forget it..
hmmmm, looking at the standards, exponential growth can result in getting an overseas job, i am 27 this yr and graduated from poly, this hongkong firm i am working for pays S$ 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…
Interesting if we have some data on how much does Mindef pay the regulars…
I know Majors earn about 5k-7k.
i was paid 240 a month when i was corporal during my NS time 🙂
Is the data accurate or not?
I am in like so high the percentile..
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!
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 $5,000.
Does this ‘$’ actually mean the Singapore dollar or the US dollar?? For that’s really a big difference…
Anyone could tell? Thanks a lot!
As far as I can tell, all figures here in this site are in SGD unless otherwise specified. You must be from the US. 🙂
to Depo.. Don’t ask such a stupid question. This website is http://www.salary.SG NOT http://www.salary.com. So, if u had some common sense, u wouldn’t be asking this pathetic question. If u are from US, then go get a job in wall street.
Well, I hope I can ╮(╯_╰)╭
I come from neither Singapore nor US.
sorry depo. . Anyway, I wish u all the best in your future job. Good luck!
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?
hi depo you dun stand a chance in singapore..we do not even consider indians from india now as we will hire internally
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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WOW for my age i’m at the top 0.5+++ % not bad
any monthly salary above 9500 will place you in the top 9.9% of your cohort…