Industries with Highest Proportion Earning 5-Figure Monthly Income
Which are the industries that pay the highest monthly salaries?
In this post, we'll look specifically at the industries that has the highest proportion of employees making $10k or more in monthly income. The results are derived from recently released data from MOM. At number 1, we have "Financial & Insurance Services". A whopping 17.3% of employed residents working in this industry are making $10,000 & over in gross monthly income. The income includes all bonuses. In contrast, the proportion of such high earners across all industries is only 4.7%. At number 2, we have "Professional, Scientific & Technical Services". But only 10.4% here are making 5-figure salaries a month. Coming in close at number 3 is "Information & Communications", with 10.0% making $10k+ per month. There you have it. The top 3 industries. Does it mean that if you're in these industries, you'll have a higher chance of making $10k+? You think so? ... See also my post on top paying industry half a year ago. Reference: Statistical Table 58, Report on Labour Force in Singapore 2007, Ministry of Manpower (link) http://www.salary.sg/2008/industries...onthly-income/ |
874
Hi, could you elaborate further on "Professional, Scientific & Technical Services"? Any examples?
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875
little, these are my examples: accountant, HR consultant, and research analyst.
See the following for more examples: http://www.singstat.gov.sg/statsres/...c/sect%20N.pdf On SingStat's SSIC2005 classification: http://www.singstat.gov.sg/statsres/ssc/ssic2005.html |
876
Thanks. That was a pretty quick reply! By the way if you don't mind me asking, what job & industry are you in?
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883
To admin: IT engineer belongs to "Information & Communications" industry.
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885
IT, yes, you are right.
little, let's just say I'm in the 3rd industry. Thanks for your support. |
1168
I bet the Admin forgotten our local aviation industry as well.
RSAF and Airline pilots also rack in 5 figures salaries as well. With their company bonuses, They bring home high 6 figures annual packages as well. |
2001
Not forgetting that those pilots with the high salary get to travel around the world at the company expenses.... However, it is a high risk job so... what can we say...
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Where else do you get two "drivers" (pilots) and have auto-pilot once you are up in the air? AND get pretty girls serving drinks to you. haha. |
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