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How is life as a doctor in Singapore?

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  #5751 (permalink)  
Old 30-07-2023, 10:27 AM
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The details are important. Calculations show the reality for comparison and accounting.
If you think of medicine career as a business you have to look at some metrics.
I notice the doctors here like to make things a bit vague for whatever reasons.

Whether or not the weekday and weekend hours are at different rates matters when you are considering taking on those slots. But on average that's what I got.

For that poster GP who has afternoons off his overall hourly rate is $107.93

Yes I left out CPF. And you conveniently did not elaborate on how much that is - giving vagary once more.

CPF contributions are calculated on a max of $6000 a month wages. 17% Employer contribution = $1020 a month. Employee contributes 20% of their wages (on max of $6000) =$1200 a month.

Hence the additional employer CPF contribution assuming the same poster GP is doing locum with the same clinic is an additional $1020 per month = $12,240 p.a

This would make his total annual income to be $236,740

His hourly rate for the 2080h worked is thus $113.82

Other than monthly ordinary wage ceiling,
His year end bonus also counted as additional wages up to (combined total of wages ceiling of 102k will attract 17% CPF)

Op prob didn’t max out his ceiling CPF due to the low bonus

However this is set to change, in sep ow ceiling will progressively rise
Reaching 8k in 2026.

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  #5752 (permalink)  
Old 30-07-2023, 08:22 PM
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Do the math.
24h a week. 96h a month 18k a month.
$187.50/hr
That seems quite a lot higher than the market locum rates.
To docs on this thread
Lots of trolls around.
Careful what u write here sometimes
For example this stupid person actually think 9 to 9 means the rest of the week u dun need to work.

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  #5753 (permalink)  
Old 30-07-2023, 10:51 PM
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To docs on this thread
Lots of trolls around.
Careful what u write here sometimes
For example this stupid person actually think 9 to 9 means the rest of the week u dun need to work.
I think bro
U r the troll

Actually the market is such that such offer exist one
But u narrow minded

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  #5754 (permalink)  
Old 31-07-2023, 03:29 AM
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Quote:
Originally Posted by Unregistered View Post
To docs on this thread
Lots of trolls around.
Careful what u write here sometimes
For example this stupid person actually think 9 to 9 means the rest of the week u dun need to work.
You are the true only troll here calling everyone else a troll
9 to 9 2 days a week thats what the OP wrote


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  #5755 (permalink)  
Old 31-07-2023, 03:30 AM
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I think bro
U r the troll

Actually the market is such that such offer exist one
But u narrow minded
Those people like to call others names they are the ones who think poirly of themselves and others
Terrible
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  #5756 (permalink)  
Old 01-08-2023, 01:31 PM
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What is the median compensation for senior consultant in public hospital ? Base salary range for SC is from what to what
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  #5757 (permalink)  
Old 03-08-2023, 12:28 PM
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What is the median compensation for senior consultant in public hospital ? Base salary range for SC is from what to what
20 to 25k base
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  #5758 (permalink)  
Old 03-08-2023, 04:21 PM
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20 to 25k base
Recently a ED con told me he is earning 20k/month with all the allowances. what allowances is those?
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  #5759 (permalink)  
Old 03-08-2023, 04:24 PM
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I am currently a HO, reading through the threads, there are people saying MO will get clinical allowance of $500 regardless whether we pass the mrcp/mrcs/mrcog. Is this true?
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  #5760 (permalink)  
Old 03-08-2023, 05:32 PM
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I am currently a HO, reading through the threads, there are people saying MO will get clinical allowance of $500 regardless whether we pass the mrcp/mrcs/mrcog. Is this true?
Yes. I can confirm that is true. Getting post graduate degree will not give you additional allowance.
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