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-   -   Benchmark Your Monthly Pay By Age & Gender 2015 (https://forums.salary.sg/income-jobs/5646-benchmark-your-monthly-pay-age-gender-2015-a.html)

admin 11-08-2015 06:07 PM

Benchmark Your Monthly Pay By Age & Gender 2015
 
Compare your monthly income by age and/or gender. This is the 2015 edition of our ever popular income comparison tool.

Benchmark Your Monthly Pay By Age & Gender 2015 | Salary.sg - Your Salary in Singapore

Unregistered 11-08-2015 07:05 PM

Within the "25 - 29" age group, your gross monthly pay of $6,250
places you at the 94.3th percentile among both genders.

Unregistered 11-08-2015 07:59 PM

Quote:

Originally Posted by admin (Post 71344)
Compare your monthly income by age and/or gender. This is the 2015 edition of our ever popular income comparison tool.

Benchmark Your Monthly Pay By Age & Gender 2015 | Salary.sg - Your Salary in Singapore

Dear admin,

I think the female data is wrong... You can try input $6000 for various age groups and you will get ridiculous answers. I know it is ridiculous cos I have used your benchmarking tool for me and my wife before...

admin 11-08-2015 09:23 PM

Quote:

Originally Posted by Unregistered (Post 71351)
Dear admin,

I think the female data is wrong... You can try input $6000 for various age groups and you will get ridiculous answers. I know it is ridiculous cos I have used your benchmarking tool for me and my wife before...

Hi, thanks for reporting the issue. We have fixed it. Please check and let us know if the answers are still ridiculous.

Unregistered 11-08-2015 10:13 PM

Within the "15 - 24" age group, your gross monthly pay of $550
places you at the 15.6th percentile among males.
You are in the bottom 15.6% of your cohort.

Unregistered 11-08-2015 10:22 PM

Within the "25 - 29" age group, your gross monthly pay of $8,700
places you at the 98.4th percentile among males.
You are in the top 1.6% of your cohort.

Unfortunate not to be in the top one percent. But its ok, still have a good 3 years to reach my target...

Unregistered 11-08-2015 10:45 PM

Hi Admin,

The resolution is too coarse. I checked the benchmark for the 50-54 age group (my cohort) and found that any income $12k pm (gross divided by 12) and above is not differentiated. All are lumped under top 8.5%.

A 54 yo guy earns $9k pm with 13th month and 3 months bonus is quite far behind another who earns $15k pm with 13th month and 3 months bonus. Both may be top 8.5% but the first guy will be struggling to maintain a family of 4 (wife is housewife) and kids going into Uni.

Quote:

Originally Posted by admin (Post 71356)
Hi, thanks for reporting the issue. We have fixed it. Please check and let us know if the answers are still ridiculous.


Unregistered 11-08-2015 10:54 PM

Quote:

Originally Posted by Unregistered (Post 71364)
Hi Admin,

The resolution is too coarse. I checked the benchmark for the 50-54 age group (my cohort) and found that any income $12k pm (gross divided by 12) and above is not differentiated. All are lumped under top 8.5%.

A 54 yo guy earns $9k pm with 13th month and 3 months bonus is quite far behind another who earns $15k pm with 13th month and 3 months bonus. Both may be top 8.5% but the first guy will be struggling to maintain a family of 4 (wife is housewife) and kids going into Uni.

Hi, thanks for reporting the issue. We will look into the matter ASAP.

Unregistered 11-08-2015 11:15 PM

Quote:

Originally Posted by Unregistered (Post 71365)
Hi, thanks for reporting the issue. We will look into the matter ASAP.

Hi Admin,

Thanks for the swift reply. Please look into it.

admin 12-08-2015 09:35 AM

The reason is that the data points only go up to 12k. You may use other comparison tools to do further benchmarking (but each has its pros and cons), e.g. this one:
Compare Your Annual Income 2014 | Salary.sg - Your Salary in Singapore

(Btw, one of the posts above posing as admin wasn't written by me. The one ending with "ASAP".)


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