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Managers and Professionals - are your Salaries above the Median?

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  #1 (permalink)  
Old 28-11-2008, 02:27 PM
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Default Managers and Professionals - are your Salaries above the Median?

The ever pertinent question: What is the median salary of working Singaporeans?

Based on info in the just released Singapore Workforce, 2008 report from the Manpower Ministry, the median gross monthly income of full-time employed residents is $2,590.

Not very high. But it's already an 11% increase from last year, according to the MOM report.

What about the medians for only managers and professionals, and the rest? Here are the corresponding numbers, by occupations:

- Managers & Administrators $6,300
- Working Proprietors $3,000
- Professionals $4,750
- Associate Professionals & Technicians $3,000
- Clerical Workers $2,000
- Service & Sales Workers $1,500
- Production Craftsmen & Related $1,800
- Plant & Machine Operators & Assemblers $1,500
- Cleaners, Labourers & Related $900

Note: Gross monthly income includes "wages or salaries, allowances, overtime, commission, tips and bonuses."

Source: Singapore Workforce, 2008 report. Ministry of Manpower.

http://www.salary.sg/2008/managers-a...ve-the-median/

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Old 28-11-2008, 11:47 PM
Singapore Short Stor--
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Default 3461

There are still many with excellent incomes not reflected in the report.

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Old 29-11-2008, 12:46 AM
broadmind--
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Default 3463

number is lower than what i expect for managers and professionals. most of my friends in their early 30s working in IT and finance are getting 120K - 150K per year

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Old 29-11-2008, 07:50 AM
5m10y--
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Default 3468

Yeah, agree with broadmind. (Although probably we just happen to know the minority--I'm sure there are lots of other managers in other fields getting paid much less.)
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Old 29-11-2008, 08:16 AM
SGDividends--
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Default 3470

Impossible.

One of our teammates used to work in the credit department of a major bank in Singapore and we get to see people's payslips when they want to increaee their credit lines

The figure shown is grossly low. Let's put it this way out of 30 people at age 34, 18 of them earn more than $10,000 a month.
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Old 29-11-2008, 08:16 AM
low-paid--
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Default 3471

Are IT professionals really paid so high?
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Old 29-11-2008, 09:07 AM
5m10y--
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Default 3472

low-paid, some of them are. At one point a friend of mine thought that he was paid very high because he went for interviews in other IT companies and they all told him they couldn't afford his pay. I suspect he was talking to local IT shops, which all seem to pay their junior employees 2-3k and senior ones 4-6k.

Until one day he went for interview in a foreign bank. The offer that came out was WAY above his then current pay. That kinda opened his eyes--that there is a whole different world out there.
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Old 01-12-2008, 10:48 AM
ugene--
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Default 3496

Yeah belive 6,300/mth is attainable by late 20s, or even mid twenties for the high flyers in this day and age of crazy inflation
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Old 01-12-2008, 12:50 PM
Justwanttostayinajob--
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at 5,200/month, I believe I'm underpaid then slogging so hard from 25 to 32 and get meagre, no choice, I'm not flying high
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Old 01-12-2008, 03:33 PM
ugene--
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Default 3500

I am not flying high either....

but i do see such people around amongst my uni cohort!

Justwanttostayinajob>> think you are drawing a decent salary already, especially if your job is stable!

inflation kills
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