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-   -   How much are you earning per annum? (https://forums.salary.sg/income-jobs/831-how-much-you-earning-per-annum.html)

cirilo 29-07-2022 03:13 PM

42m tech - ~$800k p.a. (>1m this year coz of retention bonus)
wife sahm - EC ~$600k mortgage - can pay up anytime
$1.2m savings, $300k+ equities

Unregistered 29-07-2022 04:34 PM

many tua kang people here lol

Unregistered 29-07-2022 07:11 PM

Quote:

Originally Posted by Unregistered (Post 226608)
why do you sound so angsty? 20k earners like I said, is really not a lot in the world of tech. we work hard to earn our keep just like everyone else. if there's someone you should envy, ask the FO folks who cut corporate deals. those are the real high income earners. my annual salary is just a small part of their annual bonus. we are now in 2022, not talking about 1960s salary hor.

dun be a clown la. i am in tech . u talking about rupee or rupiah. or u play make believe in your room?

Unregistered 29-07-2022 07:16 PM

Quote:

Originally Posted by Unregistered (Post 225294)
Wife (me) 29, 13k gross.
Husband 34, 20k gross.
Both in tech.

Residential condo 1.89m
Investment condo 1.2m

No kids
1 car

Savings 100k
Investments 220k

Top up SA and SRS max yearly.

We spend very little on ourselves, eat food court every day and I take public transport to work. Husband use car for work. I come from a average family and worked very hard to double my income in a short span of a few years. Takes a lot of grit and determination, not a pretty or easy path.

story don't add up. nice to play pretend with your fingers.

Unregistered 29-07-2022 07:19 PM

Quote:

Originally Posted by Unregistered (Post 226679)
story don't add up. nice to play pretend with your fingers.

You don't know 1 la. even lim bei who graduate from sim uol getting 8k after working for 2 years in tech.

Unregistered 29-07-2022 09:35 PM

Quote:

Originally Posted by Unregistered (Post 225814)
Me - 41 yo, $175k pa
Wife - 37 yo, $150k pa

2 kids, 1 conti exec sedan, own property $1.8m with $1m mortgage.

Now just focusing on reducing that mortgage (sigh).

Weird people in this forum. This one is the most believable post yet you all choose to harp on the troll posts. You can tell from the writing style that it is the same troll living in different scenarios.

Gggy 29-07-2022 11:21 PM

Regional Sr manager, engineering
$152k per annum

Unregistered 30-07-2022 02:07 PM

A lot of dragon and phoenix here.

33 just change job from a smaller mnc to a bigger mnc.

140+k per annum.

Started at 39k per annum in 2014.

Unregistered 30-07-2022 08:48 PM

30 y.o. working in US BB investment bank

Pulling in 467k in total compensation last year but likely to drop by alot this year due to sluggish capital market

But I work 10000 hours...

Unregistered 31-07-2022 12:54 PM

Im single mother working as RM.

Basic 4k
Comms vary, but every month is like 7k plus minus la.

Life is ok. But need to save more. This line, pressure to dress well and spent lots

Unregistered 31-07-2022 05:41 PM

I always see young female below 30s here kenna called out as trolls?? Young female cannot earn more than 10k a month? Go see people who work in tech la, pls.

PwningMorons 31-07-2022 06:17 PM

Quote:

Originally Posted by Unregistered (Post 226936)
I always see young female below 30s here kenna called out as trolls?? Young female cannot earn more than 10k a month? Go see people who work in tech la, pls.

Are you stupid?

I could say I'm a 22 year old girl earning 10 million dollars. If you say I'm lying, you're a troll. See how stupid your logic is? Dumbass.

Unregistered 02-08-2022 06:42 PM

37M working in cyber security.
Around 200k per annum. Am underpaid considering that I do 2 or 3 persons job.
No life, has to react to any security incidents 24/7.

Unregistered 02-08-2022 06:53 PM

A lot of people don't check statistics before they troll.

Unregistered 03-08-2022 08:53 AM

You
 
Quote:

Originally Posted by Unregistered (Post 227218)
37M working in cyber security.
Around 200k per annum. Am underpaid considering that I do 2 or 3 persons job.
No life, has to react to any security incidents 24/7.

You are top 90 percentile. Be contented la

Unregistered 03-08-2022 06:45 PM

Quote:

Originally Posted by Unregistered (Post 227269)
You are top 90 percentile. Be contented la

Very true, thanks for your feedback.
I have been thinking about salary vs work-life-balance.
May get a lower salary job to have a better peace of mind.

Unregistered 03-08-2022 06:49 PM

Quote:

Originally Posted by Unregistered (Post 227317)
Very true, thanks for your feedback.
I have been thinking about salary vs work-life-balance.
May get a lower salary job to have a better peace of mind.

Yea the risk of burnout in cyber industry is very high. High demand for talents though and honestly a pretty good place to be in for the next 5-10 years. If you can keep up with the gruelling pace.

Unregistered 04-08-2022 10:18 AM

20F, working in the world's oldest profession.
Earns about $50K per month, plus occasion perks like free shopping and fine dining.

Unregistered 04-08-2022 11:06 AM

Quote:

Originally Posted by Unregistered (Post 227371)
20F, working in the world's oldest profession.
Earns about $50K per month, plus occasion perks like free shopping and fine dining.

Its ok bro we all know you earn $0. study harder.

Unregistered 05-08-2022 02:27 AM

20k/month
EDMWer

Unregistered 11-08-2022 04:06 PM

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

Unregistered 14-08-2022 08:35 PM

Quote:

Originally Posted by Unregistered (Post 227930)
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

Unregistered 14-08-2022 10:22 PM

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.

Unregistered 15-08-2022 12:07 AM

Quant trading

25YO

A little over 450k for last year

Unregistered 15-08-2022 12:47 AM

25 yo

Software / Data Engineer

Total Comp ~80k+

0 YOE

Unregistered 15-08-2022 12:25 PM

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..

Unregistered 15-08-2022 09:18 PM

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]

Unregistered 16-08-2022 01:33 PM

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

Unregistered 16-08-2022 07:22 PM

Quote:

Originally Posted by Unregistered (Post 228169)
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.

Unregistered 17-08-2022 12:37 AM

Glad that the top 5% income earners are always in this thread giving valuable advice

Unregistered 17-08-2022 12:44 AM

This thread is all ********.

A lot of dreamers probably doing grabfood or taxi uncles.

Cringe

Unregistered 17-08-2022 10:44 AM

Quote:

Originally Posted by Unregistered (Post 228225)
$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.

Both have a point.. If you look at SGX listed companies' annual report, you can see a lot of C-suite in local listed companies earning $350-500k with the top guy earning $750l-1m.
Next are the GLCs whose C-suite are around $1-2m range with the top guy in the $4-5m range.
Of course this is in general because there are local banks on a another level and those family-owned companies (eg Genting) that pays their Chairman a shitload of money.

You cannot compare this to lawyers, hedge fund traders, investment bankers and even software engineers... heck, even the top property agent can earn $1m in comms in a year.

The difference is longevity in the job.. can you maintain the high stress level and endless targets until you are 67?

Unregistered 18-08-2022 05:19 PM

According to .drwealth.com/top-10-highest-paid-ceos-in-sgx-listed-companies-2021/ who analyzed the financial reports of SGX-listed companies.

Quote:

emunerations for CEO / Key Director of SGX-listed companies in 2021

Of the 675 SGX-listed companies I analysed, 106 did not make the cut because they either did not publish a report in 2021 or did not provide enough wage information about their key executives for me to make a reasonable guess.

Here are the stats:

5 CEOs or key directors had remunerations of more than $10M.
16 CEOs or key directors had remunerations between $5M and $10M.
165 CEOs or key directors had remunerations between $1M and $5M.
215 CEOs or key directors had remunerations between $500,000 to $999,999.
128 CEOs or key directors had remunerations between $250,000 to $499,999.
40 CEOs or key directors had remunerations of less than $250,000.
As for Doctors, from idealmedhealth.com/best-salary-of-doctors-in-singapore/ :
Quote:


House officer $3,600-5000
Medical officer $4500-9,000
Registrar $7000-12,000
Consultant $15000-20,000
Emeritus consultant $10,000-20,000

Cardiologist $12,000-20,000
Dermatologist $8,000-15,000
Allergist $8,000-15,000
Clinical Psychologist $12,000-18,000
Forensic Pathologist $12,000-20,000
Neurologist $8,000-18,000
General Medical Practitioner $8,000-18,000
Obstetrician / Gynecologist $5,000-12,000
Ophthalmologist $5,000-12,000
Pediatrician $5,000-15,000
Anesthesiology $5,000-12,000
Gastroenterology $5,000-15,000
Orthopedics $8000-18,000
ENT $5000-15,000

So, that is 675 listed companies, which being listed, means that they are typically of reasonable size. Granted that there are large companies and foreign companies that are listed elsewhere or privately owned, I think it should give a sensing of what are the realistic salary ranges of top earners in Singapore.

Also, noted that these are probably the top 1000 or so earners in Singapore and not just the top 10% of income tax payers in Singapore.

There are definitely people who earns more than $200K per annum or even $5M. It's just how many of them exists in Singapore, and how many of them are actually around in this forum.

Unregistered 18-08-2022 05:44 PM

Quote:

Originally Posted by Unregistered (Post 228427)
According to .drwealth.com/top-10-highest-paid-ceos-in-sgx-listed-companies-2021/ who analyzed the financial reports of SGX-listed companies.



As for Doctors, from idealmedhealth.com/best-salary-of-doctors-in-singapore/ :



So, that is 675 listed companies, which being listed, means that they are typically of reasonable size. Granted that there are large companies and foreign companies that are listed elsewhere or privately owned, I think it should give a sensing of what are the realistic salary ranges of top earners in Singapore.

Also, noted that these are probably the top 1000 or so earners in Singapore and not just the top 10% of income tax payers in Singapore.

There are definitely people who earns more than $200K per annum or even $5M. It's just how many of them exists in Singapore, and how many of them are actually around in this forum.

Doctors don't make so little, especially those in private practice. Your data also miss a whole lot of high earners in the financial sector.

Government data don't lie. Go to Iras and dig out the YA2021 numbers:

There were 6,527 resident taxpayers making more than $1M in assessable income, Mdm Halimah one of them.

And there were 21,858 making between $500K and $1M.

Your "probably" top 1000 is definitely way off the mark.

Unregistered 19-08-2022 04:41 PM

Haha... if the salaries posted in this thread can be trusted,
Singapore would be the country with the highest average salary.
Just like in some other forums where almost everyone claims they own 20K

We are even above US and Australia!
s://ceoworld.biz/2022/08/15/these-are-the-countries-with-the-highest-average-salaries-2022/

Unregistered 22-08-2022 12:55 PM

Quote:

Originally Posted by Unregistered (Post 228531)
Haha... if the salaries posted in this thread can be trusted,
Singapore would be the country with the highest average salary.
Just like in some other forums where almost everyone claims they own 20K

We are even above US and Australia!
s://ceoworld.biz/2022/08/15/these-are-the-countries-with-the-highest-average-salaries-2022/

People who make more tend to show off more. Personally, I find the salaries posted here believable, but these posters don’t represent the general population.

Unregistered 22-08-2022 04:23 PM

Quote:

Originally Posted by Unregistered (Post 228720)
People who make more tend to show off more. Personally, I find the salaries posted here believable, but these posters don’t represent the general population.

Jiak sai la bro. Go deliver my food already.

Unregistered 23-08-2022 12:02 AM

Data from MOM on salary distribution of all Singaporean Residents

s://stats.mom.gov.sg/Pages/IncomeTimeSeries.aspx

Notes:
1. Residents refer to Singapore Citizens and Permanent Residents.
2. Data exclude Full-Time National Servicemen.
3. Gross monthly income refers to income earned from employment. For employees, it refers to the gross monthly wages or salaries before deduction of employee CPF contributions and personal income tax. It comprises basic wages, overtime pay, commissions, tips, other allowances and one-twelfth of annual bonuses. For self-employed persons, gross monthly income refers to the average monthly profits from their business, trade or profession (i.e. total receipts less business expenses incurred) before deduction of income tax.

Total Population Included in this data is around 2m
60.8k population earn above $240k per annum (top 3%)
114.8k population earn above $180k per annum (top 5.7%)
267.9k population earn above $120k per annum (top 10.3%)
Around 360k population earn above $100k per annum (top 18%)

Unregistered 23-08-2022 08:35 PM

27M, 100k p.a. as a junior solutions architect at FAANG.

Not crazy high numbers for a techie, but I'm happy enough lol

Unregistered 24-08-2022 01:41 AM

Quote:

Originally Posted by Unregistered (Post 228798)
27M, 100k p.a. as a junior solutions architect at FAANG.

Not crazy high numbers for a techie, but I'm happy enough lol

Eat sh1t bro.
Cringe


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