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How much are you earning per annum?

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  #11801 (permalink)  
Old 03-11-2019, 12:31 PM
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5 yrs, ib associate, base 200k

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  #11802 (permalink)  
Old 03-11-2019, 02:43 PM
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3 yrs banking, base 180k, bonus 50-80k
Hard work truly pays off

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  #11803 (permalink)  
Old 04-11-2019, 12:45 AM
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New grad
Tech
165k

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  #11804 (permalink)  
Old 04-11-2019, 09:21 AM
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160k (incl bonus) working for 30 yrs in govt sector.
Don't come to govt sector. Work hard also no use. They keep telling u your pay very high.
Can barely afford my kids' local university fees and allowance.
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  #11805 (permalink)  
Old 04-11-2019, 02:34 PM
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Quote:
Originally Posted by Unregistered View Post
160k (incl bonus) working for 30 yrs in govt sector.
Don't come to govt sector. Work hard also no use. They keep telling u your pay very high.
Can barely afford my kids' local university fees and allowance.
160k is much higher than the median income in SG. should be able to easily afford kids uni fees no? especially if it is not overseas education? or am i grossly disconnected from reality. i assume you are mid 50s? and do u have a spouse who is working?

Singapore is in big trouble if someone with your comp does not have a comfortable life.


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  #11806 (permalink)  
Old 04-11-2019, 02:45 PM
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Quote:
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New grad
Tech
165k
nice! seems like tech is the new banking!
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  #11807 (permalink)  
Old 04-11-2019, 04:33 PM
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Quote:
Originally Posted by Unregistered View Post
160k (incl bonus) working for 30 yrs in govt sector.
Don't come to govt sector. Work hard also no use. They keep telling u your pay very high.
Can barely afford my kids' local university fees and allowance.
Thatís why one should never go for civil service. If just aim to stay in a mass market condo, maybe can go for CS. If want a life of luxury, landed housing or condo in prime location, go for private. The skyís the limit.
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  #11808 (permalink)  
Old 04-11-2019, 10:22 PM
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Quote:
Originally Posted by Unregistered View Post
160k is much higher than the median income in SG. should be able to easily afford kids uni fees no? especially if it is not overseas education? or am i grossly disconnected from reality. i assume you are mid 50s? and do u have a spouse who is working?

Singapore is in big trouble if someone with your comp does not have a comfortable life.
Is $160k a lot? Somehow, I donít think so for a mid 50s. Anyway, I donít pay kidsí U fees using Cpf. I donít want them to be burdened with the debt when they start work.
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  #11809 (permalink)  
Old 05-11-2019, 12:49 PM
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3 yrs, IT tech, 250k comp
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  #11810 (permalink)  
Old 07-11-2019, 11:16 AM
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Quote:
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Is $160k a lot? Somehow, I donít think so for a mid 50s. Anyway, I donít pay kidsí U fees using Cpf. I donít want them to be burdened with the debt when they start work.
"Gross
Monthly Income
( Excluding Employer CPF )" Total
Total 2,154.9
Under $500 41.2
$ 500 - $ 999 102.2
$ 1,000 - $ 1,499 210.1
$ 1,500 - $ 1,999 186.1
$ 2,000 - $ 2,499 200.0
$ 2,500 - $ 2,999 163.0
$ 3,000 - $ 3,999 309.3
$ 4,000 - $ 4,999 223.0
$ 5,000 - $ 5,999 167.1
$ 6,000 - $ 6,999 106.4
$ 7,000 - $ 7,999 84.1
$ 8,000 - $ 8,999 67.2
$ 9,000 - $ 9,999 47.1
$10,000 - $10,999 54.3
$11,000 - $11,999 29.6
$12,000 & Over 164.1

Based on 2018 data, if you earn above 12k monthly gross, you are top 7.62% which I think is quite comfortable in Singapore. If not, what will happen to those below than him?
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