How is life as a doctor in Singapore?

Originally Posted by Unregistered

Can I ask to be a gp in Singapore, how important are qualifications like gdfm, mmed(family medicine), fellowship (family medicine)?
Thinking of doing them but they are really expensive.

not impt. as long as you dont declare yourself as family physician (title is protected). otherwise you can still use the title GP, general practitioner.

i think cost wise is okie, but the investment in time is more significant

Anyone tried applying for credit cards here? Does the annual income required include CPF contributions by employer? And does mohh include the Employer CPF contributions into it's base salary when giving us the contract? Appreciate any answers here.

Originally Posted by Unregistered

Anyone tried applying for credit cards here? Does the annual income required include CPF contributions by employer? And does mohh include the Employer CPF contributions into it's base salary when giving us the contract? Appreciate any answers here.

For cc application,
Use iras notice of assessment. Iras notice of assessment will include employee cpf and bonus but not employer cpf contribution. This seems to be the most “accurate” comparison of income earned. Based on this, they will calculate your credit limit.

If you just started working, just use the employment letter. anyway most cc annual income is 30,000 which you will definitely hit. If you use employment letter, credit limit will be 4x that of your wage written on employment letter.

The pay that is written in employment letter is inclusive of employee cpf but not employer cpf.
So in addition to the amount stated, employer needs to pay you additional 17% to your cpf.
Up to an annual wage of 102,000. Beyond that no cpf.

I assume you are 3rd year PR or singapore citizen.
If you are foreigner then no cpf benefits, instead you get a $1000 housing allowance.

Originally Posted by Unregistered

For cc application,
Use iras notice of assessment. Iras notice of assessment will include employee cpf and bonus but not employer cpf contribution. This seems to be the most “accurate” comparison of income earned. Based on this, they will calculate your credit limit.

If you just started working, just use the employment letter. anyway most cc annual income is 30,000 which you will definitely hit. If you use employment letter, credit limit will be 4x that of your wage written on employment letter.

The pay that is written in employment letter is inclusive of employee cpf but not employer cpf.
So in addition to the amount stated, employer needs to pay you additional 17% to your cpf.
Up to an annual wage of 102,000. Beyond that no cpf.

I assume you are 3rd year PR or singapore citizen.
If you are foreigner then no cpf benefits, instead you get a $1000 housing allowance.

Thanks a lot for your reply! Yes I'm a Singaporean and will be starting work this October in singapore. Can't wait to start working

Originally Posted by Unregistered

Thanks for your reply!

So 1 month= 4950 basic + 240*4 calls = 5910 before tax and CPF
After tax and CPF = 5910*0.7 = 4137 per month take home

But including bonuses assuming 16 months package

Total annual income before tax and CPF = 4950*16 + 240*4*12 = 90720
Total annual income after tax and CPF = 90720*0.7 = 63504
CPF = 90720*0.2 = 18144
Total earned = 18144 + 63504 = 81648 per annum including CPF

So actually we are earning about 81648/12 = 6807 per month, but we take home only 4137 per month

Is that correct?

Four month bonus is extremely optimistic

Originally Posted by Unregistered

Four month bonus is extremely optimistic

So what is the average bonus like ? Is AWS not guaranteed? How about IPB and corporate bonuses ?

Has anyone here felt inferior/stupid while seeing your peers get into residency program while you are still stuck as a mo?

Originally Posted by Unregistered

So what is the average bonus like ? Is AWS not guaranteed? How about IPB and corporate bonuses ?

Aws is 1mth
Mid year is 0.5mth-cvb
Year end is 1mth-cvb
PB for low to average performance is 1.5mth
So total 4mth is achevieable for low to average performer

As long as you report to work, not rude to your cons, nurses and patients, do your changes, cfm can get 4mths.

If you notti and locum, with a conditional registration, then you will lose your job and registration.
If you notti and locum, with a full registration, then you will lose 2years of bonus if you show a good degree of remorse.


Then income tax wise I noted you put at 10% which is too high.
For junior officers of 4950. Even with a good bonus, their taxable income rarely exceed 80,000. Taxable income does not include employee or employer CPF contributions so end up your annual taxable income is unlikely to exceed 80,000. Furthermore plus a ns man tax relief of 3000, it total taxable is less than. 80000, payable taxes is unlikely to exceed 3350 per annum.

Originally Posted by Unregistered

Four month bonus is extremely optimistic

Mid year 0.5
End year 1.0
NPAA 1
PB 1.5

Easy ma

Originally Posted by Unregistered

Mid year 0.5
End year 1.0
NPAA 1
PB 1.5

Easy ma

Anyone know how much bonus you get in the private sector (eg raffles/healthway GPs)