Quote:
Originally Posted by Unregistered
The salary range of engineers from your sample size are close to 75th percentile of engineers pay based on MoM survey.
Question is whether this salary can afford a comfortable lifestyle in Singapore. Unless the engineer's spouse is working, he or she will find a great financial burden to buy current resale hdb flats (500k in yishun), car (toyota vios 100k), have two kids (child care=800x2/mth).
So, the pay is decent but not enough to afford a upper middle class lifestyle = 5c
The engineers pay has not rise in tandem with cost of living as huge influx of cheap FTs suppresse the wages of engineers
Now only the profession of bankers, lawyers and doctors can attain the singapore dream of 5c |
if you are an average engineer, or just slightly above average, you can forget about the singapore dream. however, if you're a below-average earner in a bank, you can EASILY achieve the singapore dream.
choose wisely. (don't listen to your teachers.... they are teachers for a reason.)