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Income for IT Professionals

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Old 22-09-2013, 08:28 PM
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Default Income for IT Professionals

Dear Members,

Could you please share your experience about the average salary of experienced IT professionals in Singapore. What should a person with below experience get in Singapore ?

Degree- Engineering (IT)
Experience - 6.8 Years


Thanks

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Old 22-09-2013, 08:37 PM
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Tough to answer without knowing the responsibilities.

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Old 22-09-2013, 10:37 PM
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Thanks for the reply. By profession, I'm an Oracle Database Administrator working in a MNC. My job is to administrator and manage databases and make sure they are available 24*7 a year. I'm also certified in Oracle 9i and 10g.

Please reply. Let me know if more information is required.

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Old 23-09-2013, 10:34 AM
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If you're in a technology MNC company, such experience should have a base salary range of 6-7k and that should exclude your after hours allowance.
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Old 15-10-2014, 10:51 AM
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Default IT professional salary

Quote:
Originally Posted by Unregistered View Post
If you're in a technology MNC company, such experience should have a base salary range of 6-7k and that should exclude your after hours allowance.
No single person can execute the responsibilities you mention. There must be a team. If you become the team-lead, your salary will jump to 10k SGD per month, plus bonus.
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Old 15-10-2014, 12:23 PM
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1 year experience as IT support in a US conglomerate.
- 3000 basic
- take home 2400
- 13th month pay
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Old 24-10-2014, 10:07 AM
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Business analyst 7200$/month
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Old 24-10-2014, 11:55 AM
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Senior VP in Banking Technology

$280K on average, 15 years experience
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Old 24-10-2014, 12:01 PM
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Quote:
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Senior VP in Banking Technology

$280K on average, 15 years experience
That is very good. Congrats on your achievement. I suppose you are around 40 years old, or thereabout.

Do you think your annual compensation will continue to go up in the same trajectory to, say, $500k in another 10 years and to $800k by age 60? Or do you think you are already near the so called "plateau"?

Thanks for sharing.
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Old 24-10-2014, 05:54 PM
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Quote:
Originally Posted by Unregistered View Post
That is very good. Congrats on your achievement. I suppose you are around 40 years old, or thereabout.

Do you think your annual compensation will continue to go up in the same trajectory to, say, $500k in another 10 years and to $800k by age 60? Or do you think you are already near the so called "plateau"?

Thanks for sharing.
Yes, i will turn 40 in a year's time. $350K is probably the plateau, which i am fine with. If i continue to save and invest, it is sufficient to build up a decent retirement fund. our net worth is currently $2.8M, with continued savings and investment returns for the next 15 years, we should be able to reach $5.5M when i am 53.


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