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01-07-2011, 10:25 PM
No sure where to post this so just post it here.
Today Business Times has an article on salary earned by the various groups. This report was published by Ministry of Manpower's report on wages in Singapore, 2010. Hope someone can post the whole article to share with everyone.
MD and CEO topped the pay ranking, with a median gross salary of $14,765 monthly. That is more than what doctors ($10,786) and lawyers ($8,750) were paid. Below are the summary of monthly median wages by groups:
First figure is basic and second figure is gross:
1. Managers (including MD and CEO) 6,000 / 6,300
2. Professional (including doctors/lawyers/fund managers) 4,000 / 4,300
3. Associate professional & technicans 2,600 / 2,987
4. Clerical support workers 1,850 / 2,001
5. Service & sales workers 1,320 / 1,788
6. Craftsmen & related trades workers 1,790 / 2,250
7. Plant & machine operators & assemblers 1,380 / 1,896
8. Cleaners, labourers & related workers 850 / 960
Even though these numbers are just the median, I doubted the accuracy. The lower pay rank looks quite accurate to me, but the upper pay rank looks too conservative. I mean we have the higgest concentrated ratio of millionaires in Singapore; our properties are expensive by world standard; car prices the most expensive in the world; fresh grad earning more than $3K-$4k...how is it possible that 50% of our doctors/lawyers/professional earn $4K and below? How can 50% of managers earn $6K and below?
I have serious doubt about this survey.
Today Business Times has an article on salary earned by the various groups. This report was published by Ministry of Manpower's report on wages in Singapore, 2010. Hope someone can post the whole article to share with everyone.
MD and CEO topped the pay ranking, with a median gross salary of $14,765 monthly. That is more than what doctors ($10,786) and lawyers ($8,750) were paid. Below are the summary of monthly median wages by groups:
First figure is basic and second figure is gross:
1. Managers (including MD and CEO) 6,000 / 6,300
2. Professional (including doctors/lawyers/fund managers) 4,000 / 4,300
3. Associate professional & technicans 2,600 / 2,987
4. Clerical support workers 1,850 / 2,001
5. Service & sales workers 1,320 / 1,788
6. Craftsmen & related trades workers 1,790 / 2,250
7. Plant & machine operators & assemblers 1,380 / 1,896
8. Cleaners, labourers & related workers 850 / 960
Even though these numbers are just the median, I doubted the accuracy. The lower pay rank looks quite accurate to me, but the upper pay rank looks too conservative. I mean we have the higgest concentrated ratio of millionaires in Singapore; our properties are expensive by world standard; car prices the most expensive in the world; fresh grad earning more than $3K-$4k...how is it possible that 50% of our doctors/lawyers/professional earn $4K and below? How can 50% of managers earn $6K and below?
I have serious doubt about this survey.