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11-03-2011, 07:02 PM
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Verified Member
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Join Date: Mar 2011
Posts: 20
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Quote:
Originally Posted by Unregistered
is that so. i think its advertized that the median household income in singapore is a little more that 5k a month,
which makes it 60k per annum. are u sure 150k per annum shd classify as average ??
at least, its above average , infact it shd be reasonably good.
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Haha... income disparity my friend. As you correctly pointed out, 5.3k is the median. The average should be higher.
My context is a graduate married couple in their early to mid 30s with decent progression, both should be at least in middle management or senior professional/executive. My gut feel is that these couples should comprise about 20% to 25% of the population.
At the typical lower end local companies: husband 5k wife 4k with AWS 13 * 9k => $117k.
At the typical higher end foreign MNCs/banks or local GLCs: husband 8k, wife 6k with AWS and 3 month bonus 16 * 14k => $224k.
Hee hee ... I'm starting to feel incredulous about these numbers I just worked out. But these are definitely possible given the salary levels I have been hearing about recently.
Now I know why housing prices are sky-rocketing.
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11-03-2011, 07:13 PM
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Verified Member
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Join Date: Mar 2011
Posts: 20
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Isn't there this 32yo navy major that they reported was making 100k annually? True, I would say this is above average, but definitely not surprising or out of this world. In fact this only puts him in the top 15% of men aged 35-40 in 2010.
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11-03-2011, 11:58 PM
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Quote:
Originally Posted by chnrxn
Isn't there this 32yo navy major that they reported was making 100k annually? True, I would say this is above average, but definitely not surprising or out of this world. In fact this only puts him in the top 15% of men aged 35-40 in 2010.
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wow 32yo major doing 100K, must be one of them overseas scholars!
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12-03-2011, 03:39 AM
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Quote:
Originally Posted by Unregistered
wow 32yo major doing 100K, must be one of them overseas scholars!
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why are you surprised? even teacher HODs make 100k.
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12-03-2011, 09:26 AM
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Senior Member
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Join Date: Jan 2011
Posts: 89
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Quote:
Originally Posted by Unregistered
why are you surprised? even teacher HODs make 100k.
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Major earning $100k is normal. Its about $6700 per mth with 3 mths bonus (15 mths package)
He is might be reaching the ceiling of major gg to be LTC soon.
I heard last time my CO who is a LTC earns abt $7k+
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12-03-2011, 10:46 PM
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Hi .... I need some advise...
I am in the mid 30 and is making
-$9,000 per month as a sales cum manufacturing manager (responsibilities: sales 30%, manufacturing 70%) Is a newly set-up speciality fabric related company in Singapore. Head office in USA.
-No bonus, No AWS for about 3 years.
- Working hours : Average 11 hours daily
Shall I carry on working in this company? If not is there plenty of better offer than this?
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14-03-2011, 02:08 PM
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Quote:
Originally Posted by Unregistered
Hi .... I need some advise...
I am in the mid 30 and is making
-$9,000 per month as a sales cum manufacturing manager (responsibilities: sales 30%, manufacturing 70%) Is a newly set-up speciality fabric related company in Singapore. Head office in USA.
-No bonus, No AWS for about 3 years.
- Working hours : Average 11 hours daily
Shall I carry on working in this company? If not is there plenty of better offer than this?
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Pay is pretty good but hours are long. Such is working life. Do you think it can last?
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15-03-2011, 10:42 AM
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Junior Member
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Join Date: Mar 2011
Posts: 5
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Hardware Engineeer
Any idea how much a electronics hardware engineer in the private sector should get? Typically what percentage increment does one ask for from the new employer?
5 Years experience. Previously from govt sector. Local Uni. Made ~5.4k per mth. Last year bonus was good so hit 91k. but normal years is around 80k.
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15-03-2011, 01:51 PM
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Verified Member
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Join Date: Mar 2011
Posts: 20
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Quote:
Originally Posted by orangeTorp
Any idea how much a electronics hardware engineer in the private sector should get? Typically what percentage increment does one ask for from the new employer?
5 Years experience. Previously from govt sector. Local Uni. Made ~5.4k per mth. Last year bonus was good so hit 91k. but normal years is around 80k.
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80k-90k sounds decent for a local pte company for 5 years. (Venture?) Typical jump should be ard 10% in my opinion.
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