Quote:
Originally Posted by Ambition
This salary calculation is problematic (annual packages including special bonuses)... Since when you go to the interview the HR tell you a salary including historical bonuses and projected incentives...
GROSS Monthly salary means basic salary Before Cpf， includes monthly allowances (phone, travel, entertainment) , Exclude projected bonuses (13 month, PB, NPAA,...)
Annual salary means 12 months of basic Before Cpf, Includes in all bonuses and allowances
Take home means, monthly basic salary After CPF, Exclude projected bonuses
Taking Annual salary divided by 12 and stating that as Gross monthly salary will either make HR doubt your financial literacy, or you end up over pricing yourself and not getting calls.
Based on the amount of 5.2k, assuming 4 months total bonus in a bank, the Gross monthly salary is probably closer to 4. 2k, the take home probably 3k. |
erm gross salary includes bonuses fyi.
This is the definition from
MOM: For employees, it refers to the gross monthly wages or salaries before deduction of employee
CPF contributions and personal income tax. It comprises basic wages, overtime pay, commissions, tips, other allowances and one-twelfth of
annual bonuses, so ya definitely no financial literacy issue here.
anyway a base pay of 4.2k sounds reasonable but its just speculation on your part, would prefer someone who has reliable info on the base pay