How much are you earning per annum? - Page 1335 - 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
  #13341 (permalink)  
Old 11-08-2022, 04:06 PM
Unregistered
Guest
 
Posts: n/a
Default

Sharing my info here:

Wife (me): 38 yo, 500k, tech
Husband: 38 yo, 250k, tech

1 helper with 1 kid

Own stay property 1.6m
Investment property 2.1m
Savings 1m
CPF 300k

Target to retire at 50

Reply With Quote
  #13342 (permalink)  
Old 14-08-2022, 08:35 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
Sharing my info here:

Wife (me): 38 yo, 500k, tech
Husband: 38 yo, 250k, tech

1 helper with 1 kid

Own stay property 1.6m
Investment property 2.1m
Savings 1m
CPF 300k

Target to retire at 50
Good to see someone doing well. Keep it up

Reply With Quote
  #13343 (permalink)  
Old 14-08-2022, 10:22 PM
Unregistered
Guest
 
Posts: n/a
Default

46 yo current career in banking, $400K basic plus variable.

My with is a SAHM.

Aside from work income, we have 2 freehold properties with gross value $5M which should have capital appreciation of 4% annually, plus another $1M in cash investments.

I plan to retire from full time employment at 55 yo.

Reply With Quote
  #13344 (permalink)  
Old 15-08-2022, 12:07 AM
Unregistered
Guest
 
Posts: n/a
Default

Quant trading

25YO

A little over 450k for last year
Reply With Quote
  #13345 (permalink)  
Old 15-08-2022, 12:47 AM
Unregistered
Guest
 
Posts: n/a
Default

25 yo

Software / Data Engineer

Total Comp ~80k+

0 YOE
Reply With Quote
  #13346 (permalink)  
Old 15-08-2022, 12:25 PM
Unregistered
Guest
 
Posts: n/a
Default

40 (me) 180k pa
35 (spouse) 200k pa

1 5rm hdb, 1 4rm condo.
1 car
3 kids

Cpf max out SA already.
cash and investment > 300k

Not sure if can retire at 60..
Reply With Quote

  #13347 (permalink)  
Old 15-08-2022, 09:18 PM
Unregistered
Guest
 
Posts: n/a
Default

According to PSD, ministers salary is pegged to the top 1000 earners in the private sectors :

Quote:
The top 1,000 Singapore citizen income earners would include the following:

Senior management positions including Chief Executive Officers, Chief Operating Officers, Chief Financial Officers, Chief Information Officers, Presidents, Chairmen, Directors, General Managers from a range of industries;
Representatives from the financial services including bankers, asset managers, traders, Managing Directors, Senior Vice Presidents; and
Professionals including lawyers, accountants, doctors, engineers
Quote:
A Minister may start at the lower end of the MR4 range with a monthly salary of $46,750. This works out to an annual salary of $935,000, of which $607,750 is fixed and the rest is variable.
Since MR4 payscale is pegged at 60% of the top 1000 earners, that means those folks are earning about $1.5M a year.

In Civil Service, the next level below the Minister, i.e. the Perm Sec usually holds the role equivalent to a CEO of a large corporation. I know for a fact that one MMC pays their C-suite about $350K per annum.

So I guess there are either lots of C-suite or o Big Cannon Fairies around.
[Quote]
Source:
s://.psd.gov.sg/faq#:~:text=The%20fixed%20salary%20is%20%24715%2C0 00,socio%2Deconomic%20outcomes%20of%20Singaporeans .
s://.nas.gov.sg/archivesonline/data/pdfdoc/2000062907.htm
[Quote]


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
  #13348 (permalink)  
Old 16-08-2022, 01:33 PM
Unregistered
Guest
 
Posts: n/a
Default

Me & wife both age 51, with 2 children local uni
Last year filed income tax $700k

Owns 2 private property
Paid up $1.5mil
50% mortgaged $2.5mil

Total CPF $2mil
Total stocks- cash & SRS $1.3mil

Target to retire at 55


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
  #13349 (permalink)  
Old 16-08-2022, 07:22 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
I know for a fact that one MMC pays their C-suite about $350K per annum.

So I guess there are either lots of C-suite or o Big Cannon Fairies around.
$350K is lower than A LOT of individual contributors like lawyers, hedge fund traders, investment bankers and even software engineers (those in Meta and Google).

There was an eye surgeon MP who said:

"If the annual salary of the Minister of Information, Communication and Arts is only $500,000, it may pose some problems when he discuss policies with media CEOs who earn millions of dollars because they need not listen to the minister's ideas and proposals. Hence, a reasonable payout will help to maintain a bit of dignity."

So the CEO you cited doesn't have much dignity.
Reply With Quote
  #13350 (permalink)  
Old 17-08-2022, 12:37 AM
Unregistered
Guest
 
Posts: n/a
Default

Glad that the top 5% income earners are always in this thread giving valuable advice
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
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,689 Replies, 3,320,132 Views
GovTech ( 1 2 3... Last Page)
3,336 Replies, 1,019,143 Views
Career as Teacher ( 1 2 3... Last Page)
6,245 Replies, 3,950,419 Views
Credit Suisse ( 1 2)
16 Replies, 5,853 Views
Exxon Mobil Equipment tech or... ( 1 2 3... Last Page)
2,001 Replies, 805,772 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
9,216 Replies, 2,897,616 Views
20% salary bump? ( 1 2 3)
24 Replies, 5,796 Views
How much are you earning per annum? ( 1 2 3... Last Page)
13,371 Replies, 5,287,640 Views
How is life as a doctor in... ( 1 2 3... Last Page)
4,289 Replies, 2,117,910 Views
Queries about Cpib application ( 1 2 3... Last Page)
1,375 Replies, 760,270 Views
DBS tech seed programme ( 1 2 3... Last Page)
2,505 Replies, 728,454 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,230 Replies, 959,521 Views
Job Application with MOE... ( 1 2 3... Last Page)
398 Replies, 433,643 Views
Management Consultant MBB Big4 etc... ( 1 2 3... Last Page)
231 Replies, 107,216 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
4,166 Replies, 3,155,375 Views
Micron starting pay ( 1 2 3... Last Page)
565 Replies, 216,643 Views
Compare civil service salary ( 1 2 3... Last Page)
14,849 Replies, 9,624,760 Views
CSA (Cyber Security Agency) ( 1 2 3... Last Page)
565 Replies, 234,994 Views
IMDA (under MCI) ( 1 2 3... Last Page)
355 Replies, 182,193 Views
Lawyer Salary ( 1 2 3... Last Page)
18,051 Replies, 7,146,133 Views
Enterprise Singapore hiriing... ( 1 2 3... Last Page)
149 Replies, 143,877 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
346 Replies, 111,353 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
4,477 Replies, 2,537,823 Views
High Finance Thread ( 1 2 3... Last Page)
1,390 Replies, 333,113 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
967 Replies, 661,019 Views
ST Electronics ( 1 2 3... Last Page)
3,145 Replies, 958,216 Views
Engineer Pay ( 1 2 3... Last Page)
525 Replies, 285,930 Views
NUS (National University of... ( 1 2 3... Last Page)
249 Replies, 187,246 Views
Electrical Engineering Jobs in...
2 Replies, 408 Views
For those with 2-5 YOE, what is... ( 1 2 3... Last Page)
1,044 Replies, 254,559 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 11:37 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2