Thursday, July 22, 2010
How much does a normal or average Singaporean earn? Based on median income, that is supposed to be $2,400 per month and raised to over $3000 by 2020 (Government's projection). I am not sure whether that is the actual case and have created a poll. Hopefully, more people will take part in the poll and "reveal" their salary.
I guess it will also useful for people who are thinking of switching jobs and are too afraid to ask others what their pay is like. Based on a recent survey published in Straits Times, people looking for jobs tend to view salary and career progression as fairly important factors when considering a job. In addition, they are looking for "work-life balance".
Here are some "statistics"of gross monthly salary that I know of based on conversations with friends and family:
1. Trained Teacher ($4000 plus, degree holder)
2. Stat Board (fresh grad, $3000)
3. Ministries (fresh grad, $3000 ++)
4. Secretary for SME (fresh grad, <$2,500)
5. Engineer (fresh grad, $3000)
6. Teaching Assistant, NUS (fresh grad $2,500)
7. Recruitment consultant (with commissions, $4000-$5000 after 1-2 years)
8. DXO in Mindef ($3200, fresh grad)
9. Tuition Teacher ($1000 to $10000+, depending on level taught and no. of students)
10. Bancassurance in bank ($4000 with experience)
11. Insurance agents ($2000-$15000, depending on commissions)
12. Property agents ($2000 - $20,000 , depending on sales)
13. Pastor ($3000)
14. Taxi Driver ($3,500)
15. Admin staff in MNC ($2,600 fresh grad)
16. Secret agents ($5000, fresh grad)
17. A*Star (fresh grad, $3500)
18. Sales Engineer ($4000)
19. Big 4 accounting firm (fresh grad, <$3000)
The figures above are "hear-say" figures and might not be entirely accurate. These are based on my conversations with people and what they accidentally reveal over the years when they complain about pay or are discussing about changing jobs.
Of course, there are a whole slew of other factors like performance bonus and yearly increment. But I guess the "wisdom" about all these matters are really out there in the market and only known by those who are working in that particular industry.
Perhaps people will feel free to share anonymously on their income and the qualifications they hold (including no. of years worked).
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