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24-02-2008, 12:50 AM
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Compare Your Income by Age & Gender
Here's the latest salary benchmark tool that we've all been waiting for.
It uses the data from Ministry of Manpower's Report on Labour Force in Singapore 2007, which was just released about 1 month back.
Because "gross monthly income" in the MOM report includes bonuses, you should take your annual income and divide by 12 to derive your "gross monthly income" when using the tool.
Here's the long-awaited salary benchmarking tool:
Last year's version of the tool is here. See how much you've moved up (or down) in the ranking.
Reference: Statistical Table 40, Report on Labour Force in Singapore 2007, Ministry of Manpower ( link)
http://www.salary.sg/2008/compare-yo...by-age-gender/
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24-02-2008, 09:58 PM
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935
not bad. I'm ranked pretty high
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26-02-2008, 04:37 PM
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950
i ish rank high
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27-02-2008, 12:29 AM
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954
Somehow i feel this is not that accurate...mianly cos of the way the data was colleced (survey) and the sample size(smallish) ?
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27-02-2008, 07:54 AM
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957
How come the percentile stops at different numbers for different age groups? For instance for males 40-44, no matter what you put there you won't go further than 89.8th++ percentile?
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27-02-2008, 11:18 PM
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966
Howcome, it's because the data for >$10k wasn't broken down further. You may take a look at the raw data by following the link given in the reference.
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09-03-2008, 02:53 PM
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1045
Ahh, admin, thanks for the explanation. I get it now. Are you aware of any stats that stop at, say, 20k/month instead of just 10k?
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25-03-2008, 02:29 AM
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1163
it is a good general comparison. So you hv to take into account ur qualification, job scope and yrs of experience.
e.g. $2.5k @ age grp 25-29 = top 45%. if u r a University Fresh Graduate, you are getting average pay (fair enough). If u r a ITE grad, u r quite well paid. But if u experienced grad working late everyday, it is time to talk to ur boss.
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07-04-2008, 08:33 PM
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1321
We need to factor in the industry as well. At the same age, no way a local company Logistic Manager gonna earn as much as an IT Manager, or Telecom Manager...
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