Jobs with fastest increasing pay - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Jobs with fastest increasing pay

 Citibank Cash Back Card - up to $350 cash back* - Click to Apply Now 
Reply
 
Thread Tools
  #1 (permalink)  
Old 11-08-2007, 04:58 PM
Salary.sg
Guest
 
Posts: n/a
Default Jobs with fastest increasing pay

Ever wondered which jobs give the highest "growth" in their wages? In this post, I produce (yet another) ranking table for 30 jobs with the highest increments.

Some background first.

I analysed the wage data from the Report on Wages in Singapore 2006 and found that specialised surgeons, risk management managers and advertising copywriters get the highest increase in their pay over the years.

Specifically, I looked at the median wage data of managers and professionals of 8 age groups. What I did was equivalent to plotting a graph of wage against age for a particular job, getting the best fitted straight line using least squares method, and calculating the slope of that line. (Obviously, I did not do all these manually. I used Excel.)

The results. Specialised surgeons get an average increment of $530 per year, over 40 years. That is an increment of $21,200!

For risk management managers, it's $416 per year. And for advertising copywriters, it's $325 per year.

But note that data for advertising copywriters aged 40 and above is not available. Ditto for risk management managers aged 50 and above.

Here's the ranking table:
Quote:

- Specialised surgeon - $530/yr
- Risk management manager - $416/yr
- Advertising copywriter - $325/yr
- Chemist - $324/yr
- Credit analyst - $285/yr
- General Manager - $250/yr
- Business management consultant - $210/yr
- Food and drink technologist - $194/yr
- Training manager - $185/yr
- Corporate planning manager - $179/yr
- Biologist - $177/yr
- Legal officer - $171/yr
- Building architect - $155/yr
- Computer and information systems manager - $150/yr
- Power generation and distribution engineer - $148/yr
- Business development manager - $143/yr
- Computer operations and network manager - $142/yr
- Research and development manager - $141/yr
- Aeronautical engineer - $140/yr
- Business analyst - $137/yr
- Operations manager (Finance) - $136/yr
- Chemical engineer (Petroleum) - $135/yr
- Advocate and solicitor - $131/yr
- Medical social worker - $129/yr
- Company director - $128/yr
- Computer engineer - $128/yr
- Managing director - $127/yr
- General physician - $126/yr
- Engineering manager - $121/yr
- Industrial health, safety and environment engineer - $118/yr
For fun, I plotted the graphs for all the jobs (managers and professionals). Here it is:



http://www.salary.sg/2007/jobs-with-...ncreasing-pay/

Reply With Quote
  #2 (permalink)  
Old 14-04-2008, 09:30 PM
ST---
Guest
 
Posts: n/a
Default 1387

How is the teaching life in ITE? And what is the increment each year? Anyone can help to advise?

Reply With Quote
  #3 (permalink)  
Old 15-04-2008, 12:57 PM
ITE poly---
Guest
 
Posts: n/a
Default 1391

ST, check out the pay range and benefits at:
http://www.ite.edu.sg/jobsavailable/benefits.htm

I suggest you also check out teaching career at the polys.

Reply With Quote
  #4 (permalink)  
Old 10-06-2008, 11:48 AM
Lex---
Guest
 
Posts: n/a
Default 1890

HI, these figures seem to be extremely low. I can tell you for corporate lawyers which is my field the average increase in salary over the first 6 years of a career is between $5,000- 10,000 per year. I guess the average is so low because you have calculated it over 40 years, but i think it would be more useful if the increase was calculated over 10 year slabs.
Reply With Quote
  #5 (permalink)  
Old 10-06-2008, 02:38 PM
admin---
Guest
 
Posts: n/a
Default 1893

The increment calculated is for monthly salary.
I believe you're saying that the <i>annual</i> income of a corporate lawyer goes up by 5-10k per year? That's the same as $417 to $833 monthly salary increment over 6 years.
I also agree with you that over a longer period of time, the average figure will be lower when compared to that of a shorter period, probably because of the plateau effect.
Reply With Quote
  #6 (permalink)  
Old 11-06-2008, 12:41 AM
Lex---
Guest
 
Posts: n/a
Default 1904

I see, thanks. Really appreciate your work on this data. When will you be evaluating the top 100 jobs for 2008. Will be very interested to see it.
Reply With Quote

  #7 (permalink)  
Old 10-01-2009, 12:56 AM
winnie--
Guest
 
Posts: n/a
Default 3827

how much does a vet earn?
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


» 30 Recent Threads
Compare civil service salary ( 1 2 3... Last Page)
10,871 Replies, 6,011,282 Views
GovTech Tech Associate Program...
3 Replies, 2,939 Views
Engineer Pay ( 1 2 3... Last Page)
143 Replies, 53,255 Views
Career as Teacher ( 1 2 3... Last Page)
2,944 Replies, 1,802,956 Views
How much do you need to retire... ( 1 2)
12 Replies, 2,269 Views
You Can Buy Happiness
8 Replies, 6,631 Views
I need advice
3 Replies, 361 Views
Sharing my Passive and Active...
8 Replies, 2,068 Views
Job offer from Apple ( 1 2 3... Last Page)
484 Replies, 107,144 Views
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
155 Replies, 39,680 Views
Mid-Year Civil Servant Bonus 2020 ( 1 2 3... Last Page)
75 Replies, 16,418 Views
Lawyer Salary ( 1 2 3... Last Page)
9,717 Replies, 3,158,979 Views
Anyone work in AVA Animal Health... ( 1 2)
13 Replies, 5,946 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,084 Replies, 3,876,132 Views
ST Electronics ( 1 2 3... Last Page)
981 Replies, 276,530 Views
How much does a typical FP&A... ( 1 2 3)
24 Replies, 1,698 Views
Python programmer skillz and pay
2 Replies, 190 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,448 Replies, 2,043,298 Views
Feeling helpless, need advice... ( 1 2)
18 Replies, 6,240 Views
Job Application with MOE... ( 1 2 3... Last Page)
249 Replies, 229,418 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
1,040 Replies, 830,294 Views
Advice for SAF regular pls
8 Replies, 644 Views
MAS : Mid Career Professionals ( 1 2 3... Last Page)
233 Replies, 144,244 Views
Civil/Public Sector -... ( 1 2 3... Last Page)
411 Replies, 227,877 Views
DBS tech seed programme ( 1 2 3... Last Page)
148 Replies, 15,477 Views
High Finance Thread ( 1 2 3... Last Page)
154 Replies, 33,148 Views
What course should I undertake? ( 1 2)
16 Replies, 7,145 Views
How useful is CMFAS in improving... ( 1 2 3)
22 Replies, 29,570 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 01:15 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2