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How much are you earning per annum?

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  #13421 (permalink)  
Old 30-10-2022, 09:49 PM
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yea and I'm SIMGE, 300k per annum with 150k bonus at HFT too
cool story bro, sounds like we have a cannon fairy here.

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  #13422 (permalink)  
Old 31-10-2022, 11:24 PM
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High frequency trading? Is it easy to get into this field? What are the prerequisite?


Be smart about what is needed to get in. Grind and get your technicals up. I might be from SIMGE but from day 1, I know what I wanted and what is neede to get there. Networked like mad with many coffee chats to get insights into the culture and referrals. People think I'm SIMGE and see me no up but turn pale when they hear where I'm working and what my wages are.

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  #13423 (permalink)  
Old 01-11-2022, 10:59 AM
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Be smart about what is needed to get in. Grind and get your technicals up. I might be from SIMGE but from day 1, I know what I wanted and what is neede to get there. Networked like mad with many coffee chats to get insights into the culture and referrals. People think I'm SIMGE and see me no up but turn pale when they hear where I'm working and what my wages are.
From FA to manager lah. cannon fairy. people still see u no upz. but u r rich.

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  #13424 (permalink)  
Old 10-11-2022, 08:17 PM
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loveburgersandfries is on a distinguished road
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marketing pays only 40k+ per year. i should've studied something else for my undergrad but anyway, i know ppl who had low salaries, then take skillsfuture course. i think its called the BCG rise program. after graduation find new job and get pay raise
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  #13425 (permalink)  
Old 11-11-2022, 10:21 AM
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s://.salary.sg/2022/compare-your-annual-income-2021/

Please go and check the stats from IRAS.
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  #13426 (permalink)  
Old 12-11-2022, 10:30 PM
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im a 26 year old in a faang company, earning 500k


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  #13427 (permalink)  
Old 13-11-2022, 05:52 PM
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im a 26 year old in a faang company, earning 500k
Lost job and come here post rubbish? Haha
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  #13428 (permalink)  
Old 14-11-2022, 12:10 PM
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Default Wage statistics

I can’t believe there are actually dumb people who ask this sort of questions when statistics are available for interpretation and consumption. Unless of course you don’t even have the skillset to search and study on your own.

According to h t t p s://.salary.sg/2022/compare-your-annual-income-2021/



Disregarding non tax payers, SGD57.8K P.A. puts you on the 50th percentile.
SGD70.5K P.A.= top 40% of all resident tax payers
SGD89.7K P.A.= Top 30% of all resident tax payers
SGD124K P.A.= Top 20% of all resident tax payers
SGD186K P.A.= Top 10% of all resident tax payers
SGD700K P.A. = Top 1% of all resident tax payers

According to MOM: h t t p s://stats.mom.gov.sg/Pages/Income-Summary-Table.aspx
In the same year, MOM also released statistics which considers all the residents in Singapore including those who are exempted from tax due to too low income.
Median wage = 4680
Bottom 20%tile = 2500
This figure includes AWS, VB, Employer and employee CPF, allowances, OT (basically everything that goes to your name regardless where it is credited to)
4680 * 12 = 56160 Annual Income
56160 / 1.17 = 48K (Gross Before considering employer CPF)
Assuming AWS + 1Mth VB + 12 Month = 14
48/14 = 3.43K/mth
You are median if you make about 3430/mth which includes your allowance and OT before your AWS and bonus.

MOM provides figures base on breakdown too. Please go and do some research before asking stupid questions again.
h t t p s ://stats.mom.gov.sg/Pages/IncomeTimeSeries.aspx

You are welcome to challenge MOM and IRAS for the figures if you think you have better knowledge on statistics. Rather than posting such questions in the forum and get nonsense, please do the necessary research and speak with facts and figures.
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  #13430 (permalink)  
Old 14-11-2022, 08:06 PM
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32, m, o levels.
85k/annum CS at crypto exchange
crypto is a scam and has been on a downward trend for months, over -80% and exchanges getting scammed / hacked

how are u earning anything at all? wtf
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