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Average salaries in Singapore

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putnam
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Postby putnam » Mon, 25 Apr 2011 1:16 am

Why is the average starting salary of university graduates in Singapore so low? I notice it in other Asian countries, too.
If salaries of youths are not high enough to build a family, several problems such as low birth rate and shrinking population will be brought about.

You can have a look at starting median salaries of US university graduates here.
http://www.payscale.com/best-colleges/degrees.asp

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Postby sundaymorningstaple » Mon, 25 Apr 2011 6:56 am

If you raise the starting salaries too high, then instead of keeping families together longer (e.g., 3 tier or keeping the kids at home till they're thirty) the kids want to move out and then their won't be enough housing on land scarce Singapore. Additionally, you raise the entry level too high, it's no longer attractive to MNC's and then they may well go to VN or other 3rd world countries where labour costs are less. Everything impacts on something else on an island state. There are no easy solutions. And remain competitive that is.....

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Postby putnam » Wed, 27 Apr 2011 12:42 am

Average graduate starting salaries

1 LSE 27,614 (33)
2 Imperial College
London 26,430 (27)
3 Oxford 24,582 (40)
4 King’s College
London 24,095 (32)
5 University College
London 23,485 (34)
6 London South
Bank 23,315 (35)
7 Queen Mary 23,185 (33)
8 Cambridge 23,020 (17)
9 Warwick 22,594 (53)
10 City 22,558 (19)

http://extras.timesonline.co.uk/pdfs/hi ... laries.pdf

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Average salary in SG

Postby kuzyone. » Wed, 04 May 2011 1:05 am

I looked around and didn't see another post with this link. It's worth a look.

http://www.morganmckinley.com/sites/default/files/mm/ac/SingaporeSalaryGuide2011.pdf

From scanning it, it looks reasonable. Of course there are some huge ranges, but the averages look about right.

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Re: Average salary in SG

Postby diamonda » Sat, 28 May 2011 11:47 pm

kuzyone. wrote:I looked around and didn't see another post with this link. It's worth a look.

http://www.morganmckinley.com/sites/default/files/mm/ac/SingaporeSalaryGuide2011.pdf

From scanning it, it looks reasonable. Of course there are some huge ranges, but the averages look about right.


the link is useful, unfortunately as what I have always thought in my mind, now I do really think that I am underpaid.. Thanks for the useful link, worth a look

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Postby enginette » Sun, 05 Jun 2011 7:34 pm

Singapore is the place to be if you want to earn as much as possible as an expatriate worker, a new global survey has found.
Forty-five per cent of expats working in Singapore earn more than US$200,000 ($273,000), according to the Export Explorer Survey conducted by HSBC Bank, compared to the 21 per cent global average of expats earning incomes of above US$200,000.

http://expat-essentials.com/expats-find ... singapore/
DD

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Postby sundaymorningstaple » Sun, 05 Jun 2011 8:23 pm

enginette wrote:Singapore is the place to be if you want to earn as much as possible as an expatriate worker, a new global survey has found.
Forty-five per cent of expats working in Singapore earn more than US$200,000 ($273,000), according to the Export Explorer Survey conducted by HSBC Bank, compared to the 21 per cent global average of expats earning incomes of above US$200,000.

http://expat-essentials.com/expats-find ... singapore/


That's the biggest load of crap I've seen in a long while. As it was conducted by HSBC it must have only centered on the Financial Industry. :roll:

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Postby the lynx » Tue, 07 Jun 2011 11:05 am

enginette wrote:Singapore is the place to be if you want to earn as much as possible as an expatriate worker, a new global survey has found.
Forty-five per cent of expats working in Singapore earn more than US$200,000 ($273,000), according to the Export Explorer Survey conducted by HSBC Bank, compared to the 21 per cent global average of expats earning incomes of above US$200,000.

http://expat-essentials.com/expats-find ... singapore/


Hmm... :?

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Postby blogtowkay » Tue, 07 Jun 2011 1:18 pm

I think this is the updated top 100 average salaries of jobs in Singapore.

http://www.salarysingapore.com/salaries ... p-100.html

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Postby beppi » Tue, 07 Jun 2011 2:19 pm

enginette wrote:Singapore is the place to be if you want to earn as much as possible as an expatriate worker, a new global survey has found.
Forty-five per cent of expats working in Singapore earn more than US$200,000 ($273,000), according to the Export Explorer Survey conducted by HSBC Bank, compared to the 21 per cent global average of expats earning incomes of above US$200,000.

http://expat-essentials.com/expats-find ... singapore/


If they were using the generally accepted definition of Expatriate, i.e. somebody living away from his homeland, then an overwhelming majority of Expats here would have earned below S$1000/month (S$12000/year): The large numbers of construction workers, industrial operators, waiters, bus drivers, maids, etc. are among these!
But no, since they have a hidden agenda (as financial institution only interested in the rich), they skew their own definition such that it fits their needs.
Absolute crap, as SMS already said!

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the lynx
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Postby the lynx » Tue, 07 Jun 2011 3:33 pm

blogtowkay wrote:I think this is the updated top 100 average salaries of jobs in Singapore.

http://www.salarysingapore.com/salaries ... p-100.html


Even looking at the average and median income, one can tell of a slight skewed distribution from the sample size surveyed. Most of the median figures presented are much lower than the average counterparts.

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Postby beppi » Tue, 07 Jun 2011 3:43 pm

the lynx wrote:
blogtowkay wrote:I think this is the updated top 100 average salaries of jobs in Singapore.

http://www.salarysingapore.com/salaries ... p-100.html


Even looking at the average and median income, one can tell of a slight skewed distribution from the sample size surveyed. Most of the median figures presented are much lower than the average counterparts.


A distribution that is open at the top (the sky's the limit for salaries of a very few highflyers), but closed at the bottom (nobody can earn less than zero) almost always has a median (equal number of people earn below and above) lower than average (sum of all salaries divided by number of people).
The more egalitarian the pay structure for the job, the less difference between median and average, as shown in some public service jobs in the table.
That some jobs show a median (slightly) higher than average must be a statistical anomaly. I'd question such results!

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the lynx
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Postby the lynx » Tue, 07 Jun 2011 3:58 pm

beppi wrote:
the lynx wrote:
blogtowkay wrote:I think this is the updated top 100 average salaries of jobs in Singapore.

http://www.salarysingapore.com/salaries ... p-100.html


Even looking at the average and median income, one can tell of a slight skewed distribution from the sample size surveyed. Most of the median figures presented are much lower than the average counterparts.


A distribution that is open at the top (the sky's the limit for salaries of a very few highflyers), but closed at the bottom (nobody can earn less than zero) almost always has a median (equal number of people earn below and above) lower than average (sum of all salaries divided by number of people).
The more egalitarian the pay structure for the job, the less difference between median and average, as shown in some public service jobs in the table.
That some jobs show a median (slightly) higher than average must be a statistical anomaly. I'd question such results!


Now that you pointed that out, I noticed that too!

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Postby blogtowkay » Tue, 07 Jun 2011 11:20 pm

the lynx wrote:
beppi wrote:
the lynx wrote:
blogtowkay wrote:I think this is the updated top 100 average salaries of jobs in Singapore.

http://www.salarysingapore.com/salaries ... p-100.html


Even looking at the average and median income, one can tell of a slight skewed distribution from the sample size surveyed. Most of the median figures presented are much lower than the average counterparts.


A distribution that is open at the top (the sky's the limit for salaries of a very few highflyers), but closed at the bottom (nobody can earn less than zero) almost always has a median (equal number of people earn below and above) lower than average (sum of all salaries divided by number of people).
The more egalitarian the pay structure for the job, the less difference between median and average, as shown in some public service jobs in the table.
That some jobs show a median (slightly) higher than average must be a statistical anomaly. I'd question such results!


Now that you pointed that out, I noticed that too!


Yah man, now that you mentioned this!

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Postby carpuff » Wed, 22 Jun 2011 12:18 pm

How about for a 2-year Linux Engineer?


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