Quote:
Originally Posted by Unregistered
Above median based on what?
National average? Or university cohort average?
If you want to compare national average, compare with income-less students, retirees, the non-grads, any uni-grad will easily earn above median salary after a couple of years in the workforce.
If you want to top 30% income earners (uni grads earn more in general), to live the lifestyle of those at the median, the 50th percentile people, yeah, sure, they earn more than enough to median lifestyle (4rm hdb flat in non mature estates, no car, 1 or 2 kids at most)
But if you compare with peers of similar profiles, just among the uni grads, can even fine tune to comparing with people from your course, with similar gpa or honours, teachers are not well paid at all. Below median even. |
Salaries taken from smartwealth.sg.
Median salary by Age range - for a male in their 30s, median salary including employer contribution is between $ 5850 - 7020. Most teachers in that age range would comfortably fit within that range. Iofcourse, this does not differentiate by education.
Now if we look at a breakdown by profession, the same website puts median professional salary
as $7722. Now this would definitely be skewed by professionals in their 40s and 50s who skew the Median upwards.
So, looking at those 2 numbers, in what world can we say that a teacher in their 30s is earning below median income? I've brought some stats to make my case. For those who insist that teachers are underpaid, what do you have other than 'trust me bro'