How much are you earning per annum? - Page 1163 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




How much are you earning per annum?

Reply
 
Thread Tools
  #11621 (permalink)  
Old 17-03-2019, 01:59 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
2009 - geo1.2
2010 - geo1.1
2011 - geo1a1
2012 - geo1a2
2014 - geo1a3 (current geo5)
2015 - neogeo
2016 - geomancer
2017 - geologist....

Haha joking. Actually, 130k per annum is doable in the 9-10 years you been teaching. I mean its above average for sure. I know of friends in ministry who earn that in the same period, good to know teachers also can have a similar trajectory!

Reply With Quote
  #11622 (permalink)  
Old 17-03-2019, 10:27 AM
Junior Member
 
Join Date: Mar 2019
Posts: 4
RecursiveLoop is on a distinguished road
Default

Quote:
Originally Posted by Unregistered View Post
Hmmmm...is your monthly 8k? Wondering how to obtain 130k.
Assuming 13 months + 1 month variable + 3mth A PB, you need to earn almost that amount to hit 130k package. And at geo 5, A is rare.

1A3 around 6.34k?
4 years with yearly MI quite impossible to hit even 7.5k.
Don't believe it unless you see income tax return or proof of CPF contribution.

A lot of people here inflating salaries just to make themselves seem superior.

Reply With Quote
  #11623 (permalink)  
Old 17-03-2019, 11:30 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Hmmmm...is your monthly 8k? Wondering how to obtain 130k.
Assuming 13 months + 1 month variable + 3mth A PB, you need to earn almost that amount to hit 130k package. And at geo 5, A is rare.

1A3 around 6.34k?
4 years with yearly MI quite impossible to hit even 7.5k.
I calculated as monthly 7.4 k.... which I think itís possible, although havenít heard of.

12 months and almost 6 months package including 1.5 month variable, 3 month PB, 13th month.

Seeing the almost year to year promotion, it also means the MI mustíve been higher than average since the CEP is very High to justify such accelerated promotion. Yet for such high CEP, and straight B grades I see for my peers, you should be SEO level.....



The 130k package does not include the 17% employer contribution right.....just 130k gross...



Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #11624 (permalink)  
Old 17-03-2019, 12:50 PM
Unregistered
Guest
 
Posts: n/a
Default

Is $130k per annum consider high after 10 year in the civil service?
I am assuming scholars progress faster than this?
Reply With Quote
  #11625 (permalink)  
Old 17-03-2019, 02:54 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Is $130k per annum consider high after 10 year in the civil service?
I am assuming scholars progress faster than this?

There is the usual bell curve for civil servants where there will be those high CEP and high performing officers at the right of the curve. For these officers, getting superscale pay at 35 (10 years of service) is not far fetched.
Reply With Quote
  #11626 (permalink)  
Old 17-03-2019, 06:10 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
There is the usual bell curve for civil servants where there will be those high CEP and high performing officers at the right of the curve. For these officers, getting superscale pay at 35 (10 years of service) is not far fetched.
And how much would a super scale salary be for these people? Say 10 years after graduation from college.
Reply With Quote

  #11627 (permalink)  
Old 19-03-2019, 06:32 PM
Unregistered
Guest
 
Posts: n/a
Default

OUR RETIREMENT PLAN AT 55

My spouse and I plan to retire when we reach 55, after we have collected our CPF OA funds. Our CPF SA will be used to buy the CPF Life ERS annuity.

We will retire in KL, where we have friends and family. To finance our retirement, we will rent out our paid-up property in Singapore for about S$2,500 pm and convert it to RM7,500 pm.

Here are our expenses:

Rent a 3 BR condo in KL - RM2,000 pm
Utilities and car operating costs - RM600 pm
Food, groceries and entertainment - RM1000 pm
Medical and insurance costs - RM1,000 pm
Holidays and miscellaneous - RM900 pm
Total expenses - RM5,500 pm
Savings - RM2,000 pm

When we reach 65, we will receive S$4,000 pm (RM12,000 pm) from our CPF Life. This extra money will allow us to rent a more expensive condo in KL and for us to travel the world.

Our property in Singapore and our CPF savings are valuable assets which will allow us to retire rich.
Reply With Quote
  #11628 (permalink)  
Old 19-03-2019, 09:38 PM
Unregistered
Guest
 
Posts: n/a
Default

Is a 100k net worth consisting of savings and CPF at age 30 a norm?
Reply With Quote
  #11629 (permalink)  
Old 20-03-2019, 04:24 PM
Junior Member
 
Join Date: Mar 2019
Posts: 9
NotFlirt is on a distinguished road
Default

How come all the software developer here earn so much? I 7 years of experience only earning about 45k .
And you guys can hit 80> with same experience
Reply With Quote
  #11630 (permalink)  
Old 20-03-2019, 04:48 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Is a 100k net worth consisting of savings and CPF at age 30 a norm?
Shouldnt include cpf. For 30yo, 100K exclude cpf is fine. Every two years after that should add another 100K. Can be faster if work in high paying job.

Repeat till amass sufficient for retirement.
Reply With Quote
Reply

Bookmarks

Tags
bond, bond breaking, income pa, lawyer, saf

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Industries with Highest Proportion Earning 5-Figure Monthly Income Salary.sg Income and Jobs 25 23-04-2021 10:40 PM
Lawyer earning $25k/mth forged $65k payslip to get job Salary.sg Income and Jobs 2 30-12-2011 02:42 PM

» 30 Recent Threads
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,468 Replies, 697,869 Views
Lawyer Salary ( 1 2 3... Last Page)
12,912 Replies, 4,294,079 Views
UBS Financial Services Industry... ( 1 2 3... Last Page)
432 Replies, 102,004 Views
How much are you earning per annum? ( 1 2 3... Last Page)
12,474 Replies, 4,247,634 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
3,853 Replies, 1,636,966 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
550 Replies, 418,531 Views
MOM(ACE) offers good career... ( 1 2 3... Last Page)
31 Replies, 3,021 Views
Starter job for HR
0 Replies, 56 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
3,910 Replies, 2,415,376 Views
Unilever UFLP 2018 ( 1 2 3... Last Page)
40 Replies, 13,654 Views
Roles in accenture singapore ( 1 2 3... Last Page)
1,930 Replies, 466,823 Views
GovTech ( 1 2 3... Last Page)
417 Replies, 293,408 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
2,681 Replies, 1,982,399 Views
For those with 2-5 YOE, what is... ( 1 2 3... Last Page)
329 Replies, 34,435 Views
Finance Student Career Advice ( 1 2)
17 Replies, 1,687 Views
Band 4 and Band 5 in Standard... ( 1 2 3... Last Page)
30 Replies, 25,632 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
988 Replies, 708,791 Views
GIC (Government of Singapore... ( 1 2 3... Last Page)
323 Replies, 436,716 Views
How is life as a doctor in... ( 1 2 3... Last Page)
2,511 Replies, 1,327,380 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,043 Replies, 1,631,226 Views
which have a better prospect,... ( 1 2 3... Last Page)
63 Replies, 10,902 Views
Really that bad for engineers? ( 1 2 3... Last Page)
1,238 Replies, 915,347 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
2,051 Replies, 1,130,475 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
446 Replies, 248,457 Views
What MAP should I apply?...
9 Replies, 2,260 Views
How rich/poor am I compared to... ( 1 2 3... Last Page)
72 Replies, 63,462 Views
Anyone jobless for a long time... ( 1 2 3... Last Page)
3,048 Replies, 1,276,654 Views
Civil engineering pay
6 Replies, 1,708 Views
HDB (under MND) ( 1 2 3... Last Page)
452 Replies, 356,775 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 05:24 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2