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15-05-2021 07:30 PM
Unregistered
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16-03-2021 01:59 PM
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25-08-2014 10:00 AM
Unregistered The figures quoted are based on third-quartile monthly gross wages. Why not use the median in the centre which is a fairer gauge of what most would really get?

Some top MNCs can pay really well for a job, much higher than the average and skew the figure.

For fresh grads or career changers looking at their choices of industry or career options, not very helpful because the figures are so distorted. These figures just sell the dream of what one may make in one of the top company in a industry. Pretty certain that citing such figures as expected salary is not going to land one an interview in most cases, even for experienced candidate.
24-08-2014 10:50 PM
Unregistered
Quote:
Originally Posted by Unregistered View Post
Hi admin et all,

I just want to clarify once and for all, that the "monthly gross wages" DO include bonuses, commissions etc. This is stated clearly in the MOM's website:

"-Residents refer to Singapore Citizens and Permanent Residents.

-Gross monthly income from work 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."

The last sentence means you take your total bonuses, divide by 12 and add your basic wage to derive your gross monthly wage.
Do we include CPF contribution by company?
24-08-2014 10:22 PM
Unregistered
Interpretion

Hi admin et all,

I just want to clarify once and for all, that the "monthly gross wages" DO include bonuses, commissions etc. This is stated clearly in the MOM's website:

"-Residents refer to Singapore Citizens and Permanent Residents.

-Gross monthly income from work 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."

The last sentence means you take your total bonuses, divide by 12 and add your basic wage to derive your gross monthly wage.
24-08-2014 07:28 PM
Unregistered How true is this figure? I guess it still depends on individual.
25-03-2014 02:10 PM
admin
Top 100 Highest-Paid Jobs in Singapore

Top 100 Highest-Paid Jobs in Singapore. Read here:

Top 100 Jobs In Singapore (2014) | Salary.sg - Your Salary in Singapore

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