Industries with Highest Proportion Earning 5-Figure Monthly Income - Page 2 - 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




Industries with Highest Proportion Earning 5-Figure Monthly Income

Reply
 
Thread Tools
  #11 (permalink)  
Old 12-03-2011, 06:09 PM
Unregistered
Guest
 
Posts: n/a
Default

actually to put the discussion into perspective, it is the type of job you are in that determines what salary you are getting now.

The risk, the knowledge involved and the career lifespan, I would say are the 3 key factors.

Risk - if the job is risky, say working in the refinery, there will be a premium in the salary associated with this.

Knowledge involved - if the job requires an intrinsic knowledge that you possess, there again is another premium tagged to your salary

Career lifespan - if this job only lasts 10 years, take for example a footballer, there has to have a premium to encourage someone to take this career path.

Not sure if everyone agrees?

Reply With Quote
  #12 (permalink)  
Old 01-08-2011, 07:10 PM
Whatever
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
actually to put the discussion into perspective, it is the type of job you are in that determines what salary you are getting now.

The risk, the knowledge involved and the career lifespan, I would say are the 3 key factors.

Risk - if the job is risky, say working in the refinery, there will be a premium in the salary associated with this.

Knowledge involved - if the job requires an intrinsic knowledge that you possess, there again is another premium tagged to your salary

Career lifespan - if this job only lasts 10 years, take for example a footballer, there has to have a premium to encourage someone to take this career path.

Not sure if everyone agrees?
You're probably right but I believe there's another factor missed out:
Value of your output - Private banker earns more than a personal banker could be due to more knowledge required but could also be due to higher revenue the private banker earns for the bank than a personal banker can earn for the bank.

Reply With Quote
  #13 (permalink)  
Old 09-10-2011, 04:29 PM
Unregistered
Guest
 
Posts: n/a
Default

may i add in oil/gas industry as well. I am pretty sure that they are generous paymasters...especially with the huge profits they earn annually..



SG BusLeh mobile app
SG BusLeh - the best bus app - available on iPhone and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #14 (permalink)  
Old 17-04-2013, 08:05 PM
Unregistered
Guest
 
Posts: n/a
Default

I'm surprised that Information & Communications is #3. I've been in the industry for almost 10 years and I think the upside of the industry is limited!

Coming in close at number 3 is "Information & Communications", with 10.0% making $10k+ per month.
Reply With Quote
  #15 (permalink)  
Old 18-04-2013, 01:02 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
actually to put the discussion into perspective, it is the type of job you are in that determines what salary you are getting now.

The risk, the knowledge involved and the career lifespan, I would say are the 3 key factors.

Risk - if the job is risky, say working in the refinery, there will be a premium in the salary associated with this.

Knowledge involved - if the job requires an intrinsic knowledge that you possess, there again is another premium tagged to your salary

Career lifespan - if this job only lasts 10 years, take for example a footballer, there has to have a premium to encourage someone to take this career path.

Not sure if everyone agrees?
I am sure this is the general rule...

But I totally do not agree for the electronics engineering sector.

"if the job requires an intrinsic knowledge that you possess" :
you are most likely NOT going to get a premium because, if you know that knowledge you probably duno many others, your boss knows no one/very few will hire you for that specific knowledge and your pay will be crapped.

"Career lifespan - if this job only lasts 10 years, " : Coding skills are skills that have an expiry date, but yet coders are paid peanuts. A 40years old programmer with 20years coding in BASIC is no better than an ITE student when it comes to coding java.

Consider all factors and make your choice wisely...
Reply With Quote
  #16 (permalink)  
Old 18-04-2013, 02:54 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I am sure this is the general rule...

But I totally do not agree for the electronics engineering sector.

"if the job requires an intrinsic knowledge that you possess" :
you are most likely NOT going to get a premium because, if you know that knowledge you probably duno many others, your boss knows no one/very few will hire you for that specific knowledge and your pay will be crapped.

"Career lifespan - if this job only lasts 10 years, " : Coding skills are skills that have an expiry date, but yet coders are paid peanuts. A 40years old programmer with 20years coding in BASIC is no better than an ITE student when it comes to coding java.

Consider all factors and make your choice wisely...
Yeah, best jobs are those where supply is artificially limited like doctors and lawyers where even the average performers are very well paid. The rest feel the effects of globalisation much more
Reply With Quote

  #17 (permalink)  
Old 30-04-2014, 02:12 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Yeah, best jobs are those where supply is artificially limited like doctors and lawyers where even the average performers are very well paid. The rest feel the effects of globalisation much more
Bump. 10 chars.
Reply With Quote
  #18 (permalink)  
Old 30-04-2014, 04:46 PM
Unregistered
Guest
 
Posts: n/a
Default

tertiary acad staff (in mid 40s) should have no problem hitting $150kpa (all in). Not say excellent, but not too bad.
Reply With Quote
  #19 (permalink)  
Old 02-05-2014, 02:41 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by David Seah--- View Post
I bet the Admin forgotten our local aviation industry as well.

RSAF and Airline pilots also rack in 5 figures salaries as well. With their company bonuses, They bring home high 6 figures annual packages as well.
Not true at all - they don't bring home high 6 figures annual packages.
Reply With Quote
  #20 (permalink)  
Old 05-08-2014, 05:58 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Not true at all - they don't bring home high 6 figures annual packages.
I agree. Both my brothers are pilots, 1 with SIA Cargo and another with SIA passenger.

If you are a senior pilot, then yes $20k/month possible. but to earn that amount you already have 1 foot in the grave.

A mid 30's commercial airline pilot will earn $280k/year including bonuses.

Same commercial pilot in 50's will be getting $420k/year including bonuses.

Nowhere near high 6 figure salary.

Hedge fund managers, private equity financial consultants, oil traders, oil brokers, are all in the high 6 / low 7 club.


SG BusLeh mobile app
SG BusLeh - the best bus app - available on iPhone and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
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


Similar Threads
Thread Thread Starter Forum Replies Last Post
Highest paying jobs Salary.sg Income and Jobs 16 05-04-2010 04:55 PM
How many people made 6-figure salaries last year? Salary.sg Income and Jobs 6 23-09-2008 05:41 PM
6-figure a month for private banker? Salary.sg Income and Jobs 5 13-12-2007 11:20 AM
Financial Services Pay Highest Salary.sg Income and Jobs 6 21-11-2007 11:08 PM

» 30 Recent Threads
Which degree is the best return on... ( 1 2 3... Last Page)
35 Replies, 8,013 Views
Constituency Manager (People... ( 1 2 3... Last Page)
834 Replies, 419,056 Views
MAS : Mid Career Professionals ( 1 2 3... Last Page)
113 Replies, 89,154 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
1,751 Replies, 489,829 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
1,770 Replies, 830,547 Views
Dsta ( 1 2 3... Last Page)
759 Replies, 506,593 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
1,255 Replies, 1,019,012 Views
Enterprise Singapore hiriing... ( 1 2 3)
24 Replies, 14,765 Views
How is life as a doctor in... ( 1 2 3... Last Page)
1,044 Replies, 816,494 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
2,895 Replies, 1,747,828 Views
DBS Graduate Associate Program ( 1 2 3... Last Page)
615 Replies, 310,616 Views
DBS Management Associate Program... ( 1 2 3... Last Page)
1,171 Replies, 203,605 Views
Job offer from Apple ( 1 2 3... Last Page)
313 Replies, 53,956 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
2,591 Replies, 976,053 Views
Career as Teacher ( 1 2 3... Last Page)
2,043 Replies, 1,380,925 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
41 Replies, 45,267 Views
How much are you earning per annum? ( 1 2 3... Last Page)
11,853 Replies, 3,611,403 Views
ST Electronics ( 1 2 3... Last Page)
382 Replies, 170,851 Views
MasterCard Graduate Developement...
8 Replies, 2,776 Views
Roles in accenture singapore ( 1 2 3... Last Page)
288 Replies, 226,653 Views
Govtech bonus ( 1 2 3... Last Page)
30 Replies, 12,466 Views
Lawyer Salary ( 1 2 3... Last Page)
4,865 Replies, 2,104,850 Views
Need career advice
4 Replies, 792 Views
SPF (Direct-Entry Inspector)
9 Replies, 1,174 Views
is it crazy to give up a 100k P.A... ( 1 2 3)
27 Replies, 21,807 Views
Career switches - job options and... ( 1 2)
13 Replies, 2,372 Views
OCBC Young Bankers Programme ( 1 2 3... Last Page)
97 Replies, 71,188 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,370 Replies, 539,007 Views
Job search for returning...
1 Replies, 336 Views
Infineon Technologies
1 Replies, 255 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 08:06 AM.


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