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Benchmark Your Monthly Pay By Age & Gender 2009

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Old 19-09-2009, 01:37 PM
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Default Benchmark Your Monthly Pay By Age & Gender 2009

We’ve updated our popular income comparison calculator.

The data points come from Ministry of Manpower’s Report on Labour Force in Singapore 2008 released early this year.

Take your annual income (including bonus) and divide by 12 to derive your “gross monthly income” when using this income benchmarking tool:

http://www.salary.sg/2009/benchmark-...e-gender-2009/

Last year’s version of the tool is here. See how much you’ve moved up (or down) in the ranking.

Reference: Statistical Table 39, Report on Labour Force in Singapore 2008, Ministry of Manpower (link)

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Old 19-09-2009, 09:39 PM
thanks
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Thanks Admin, you made my day! =)

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Old 19-09-2009, 09:39 PM
wow
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Wow thanks admin you made my day too!!



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Old 19-09-2009, 09:40 PM
wow
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I am only in the “top 14.2% of your cohort”..sianz.
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Old 19-09-2009, 09:50 PM
superman
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seems like there is no difference between 10k/month or 1million/month for the 40-44 age group. it is still within the top 9.5% group. Is something wrong with the calculation or is the income gap so wide?
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Old 19-09-2009, 09:50 PM
mansuper
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the calculator seems to ignore 10k and beyond. i think it’s because the MOM data goes up to 10k only.
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Old 19-09-2009, 09:52 PM
cram
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“Comparing with all age groups, your gross monthly pay of $2,500 places you at the 51.8th percentile among both genders.
You are in the top 48.2% of your cohort.”

Good to know top 48.2% of my cohort can afford HDB flats.
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Old 19-09-2009, 10:16 PM
littlenova
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The age range of 15-24 is seriously ridiculous.

You mean 15 years old are already working? Is that even legal?

Most varsity fresh grads looking for job would be around 22-24 years of age. I would recommend that if they want to benchmark themselves to market, they should choose the 25 onwards category because that would give a more realistic result than comparing with underaged kids in the 15-24 category who would pull down the median for that group.

Think about it. Most 15-18 years old who are out working would not have higher education (study up till primary 6 or at the most O levels) and thus would not be able to command high salaries. I would estimate their salary to be about SGD 1k/mth. Being at p90 or more in that category is really nothing to shout about.

Just my two cents worth.
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Old 19-09-2009, 10:16 PM
hdbowner
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of course 2.5k can afford you a hdb flat. hdb has the most affordable market priced housing in the world!
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