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Good for you, hopefully I can get there is I pass my mmed next year. I must say 250k/year is really good, certainly higher than what some of the ACs are getting in hospital. (Of course they have better progression) And let's not forget mmed as hard as it is, is after all only a registrar lvl qualification (i.e it judged equivalent to mrcp/mrcs etc). |
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8.6k plus 1.25 is the start. 1st year 8.6X12 = 103,200 8.6X1.25=10,750 Total = 113,950 Plus CPF contribution by employer = 17%X113950 = 19,37150 Grand total = 133,321.50 2nd year increase by 6% 9.12X12 = 109,440 9.12*1.25 = 11,400 Total = 120,840 CPF = 20,542.80 Grand total = 141382.80 3rd year increase by 6% 9.67*12 = 116,040 9.67*1.25 = 12,087.50 CPF = 21,781.68 Grand total = 149,909.18 4th year increase by 6% 10.25*12 = 123,000 10.25*1.25 =12,813 Total = 135,813 CPF = 23,088.21 Grand Total = 158901.21 5th year increase by 6% 10.865*12 = 130,380 10.865*1.25 = 13,581.25 Total = 143,961.25 CPF = 24,473.41 Grand Total = 168,434.66 6th year increase by 6% 11.52*12=138,240 11.52*1.25=14,400 total = 152,640 CPF = 25,948.80 Grand Total = 178,588.80 7th year increase by 6% 12.21*12=146,534.40 12.21*1.25=15,262.50 total = 161796.90 CPF = 27,505.47 Grand total = 189,302.37 8th year increase by 6% 12.94*12=155,311 12.94*1.25 = 16,175 total = 171,486 CPF = 29,152.62 Grand Total = 200,638.62 9th year increase by 6% 13.72*12=164,596.80 13.72*1.25=17,150 total = 181746.80 CPF = 30,896.96 Grand T = 212,643.75 10th year increase by 6% 14.54*12=174,518.40 14.54*1.25=18,175 Total = 192,693.40 CPF = 32757.88 Grand T = 225,451.27 11th year increase by 6% 15.41*12=184,948.80 15.41*1.25=19,262.50 Total = 204,211.3 CPF = 34,715.92 Grand T = 238,927.22 12th year increase by 6% 16.33*12=196,015.20 16.33*1.25=20,412.50 Total = 216,427.70 CPF = 36,792.71 Grand T = 253,220.40 So after 12 years at standard progression of salary will hit 250k a year after 12 years of passing MMed. Maybe there are some other bonus perks I am unaware of. But it is definitely realistic. I do think that the 250-300k mark is probably the limit though. like OP says 400k is for the CEO. |
BTW
Total earnings for the 12 years is $2,035,691.60 |
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250k a year will get some hospital consultant salivating already. |
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If consultants and ACs arent making 250k a year that would suprise me The 8.6k plus 1.25 works out to about 135k a year as a start How much is it for hospital consultants? |
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Who is the fm curriculum head nowadays? Need to drop him an email Does fam med teach u ordinary maths or sg CPF contribution.? I’m worried abt mmed fm Standard nowadays. My time we will look at cpf allocation rates etc but you tester doesn’t know hair. |
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I did this as bait. LOL! What is the true earnings of an AC and Con at OPS? Will the real slim shady please come out? |
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only GDFM standard maintained. |
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by the time you are 50 years old, you will be earning 31k / monthly 5 years later, 41k / monthly another 5 years later, 55k / monthly 100% legit, math checks out. |
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