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Frank sharing and valuable insights from a guest in our Salary.sg Forums, in response to a list of questions I posed in an old article on how to get rich:- How did you make your first million?“Made my first million i think around 30 or 31 years old. Graduated from uni in 1999, started ...
If you are a local, simply use the tax calculator 2009 published previously. It includes the 20% special tax rebate.For foreigners who don’t enjoy the rebate, use the following salary tax calculator. Note that you’re considered a tax resident if you have stayed in Singapore for at least 183 days and you’ll be taxed ...
A popular career move during economic downturns is to go back to school. If you’re shopping around for a good MBA school, consider BusinessWeek’s recently published rankings of U.S. and international business schools (published every other year):Best International Business SchoolsQueen’s University, CanadaIE Business School, SpainINSEAD, France (with …
As the economic crisis worsens, here’s a note of caution to those who have taken a non-HDB property loan, or intend to take up one:Your friendly bank may invoke a margin call on your property loan. If your property is worth less than what you still owe the bank, you may be asked to ...
It may not to fair to just look at the income of people of all ages.So, in this post I present a graph of the median monthly income of managers and professionals by age groups.The chart is based on wage data from the Report on Wages in Singapore 2006. Again, note that the MOM ...
We have updated our ever-popular income benchmarking tool to use Iras’ latest data.Our income comparison tool needs no introduction. If you have not heard of it, see last year’s edition. The past 4 editions of this tool have attracted a total of more than 230 comments.To use it, just type in your annual income (assessable ...
Perhaps as a continuation to Engineering - dead end career, there is a second thread of discussion in Sammyboy in Delphiforums: Engineering - get out while you can.Interesting read.Quotable quote:“Get out while you can. Engineering Degree perhaps, but Engineering Career in SG?”
To taxpayers with kids: Do you know that the Qualifying Child Relief has been doubled to $4,000 this year? The Working Mother Child Relief has also been significantly increased - it’s tripled for the first child!More importantly, do you know what’s the best way to split the QCR? As stated in the IRAS web ...
Under the Baby Bonus scheme, the government matches the amount that you save in your child’s Child Development Account (CDA), dollar for dollar.The matching contribution from the government is capped at $6,000 for your second child, and $12,000 for your third child. The amount is also $12,000 for your fourth child.The CDA is sometimes ...
Only 267 condominiums and private apartments changed hands in the whole of November.This is the fourth consecutive month of decline in non-landed private property transactions, down from a peak of 1,613 recorded in July this year.As property agents depend on transacting deals to make a living - sellers typically pay them 2% of transacted ...
Suppose you have decided to join another company. When should you submit your resignation letter to your current boss?You may not know this tip: Make your last day a Sunday.For example, if you tender your resignation today, 27 July, your last day will be 26 August - a Sunday. But your last day at ...
PM Lee has just appointed a committee chaired by Gerard Ee to review ministerial salaries.As pointed out in today’s Straits Times (printed edition), the government “does not disclose how much each minister is paid”, but the most current figures released by PSD are for the year 2009, which Salary.sg also covered in a previous article:President ...
According to the just released Report on Labour Force in Singapore 2010, 32.2% of degree holders in the resident labour force are graduates in Business and Administration.This is up from 3 …
Don’t let mainstream media headlines like “Most top PSLE students stay in HDB flats” (link) mislead you into thinking that HDB kids are top students.All it takes is a sharp eye and a thinking mind to see the facts. Straits Times reader Mr Visakan Veerasamy wrote to the papers today:“The statistics given in the ...
It’s no secret that one easy way to “promote” yourself and to give yourself a salary raise is to job hop.While it’s been frowned upon in the past, it’s now part and parcel of career progression. A tool of the trade.Saying no to job hopping is unwise - loyalty is an overrated attribute. Being ...
The President of Singapore will get a salary of $4,267,500. This is an increase of 26.4% from the previous pay of $3,376,800. See news report.I believe this is the first government appointment / job that pays a salary of more than $4 million. The Prime Minister makes $3m while ministers make close to $2m.So, the ...
You ask, “What’s my pay increment for 2010?” Mercer says you can expect 3.2% pay rise next year.The HR consultancy based its projection on a recent survey of 262 companies across 11 industries.Mercer predicts that pharmaceutical companies will give out the highest increments at 4.1%. In comparison, banking and finance employees will only get 3.1% ...
If you are car owner, does your pay match your car ownership status? If you don’t have a car, how do you know if you can afford one? In this article, Salary.sg proposes using $7,65 …
We have launched Salary.sg Forums.Now you can discuss salary, job, career and investment matters in a user-friendly forum format.Powered by vBulletin - which is the most popular forum engine among top discussion forums worldwide - you can now view well organized threads of discussions and reply directly to a particular thread or post that ...
Fresh graduates prefer to work in the banking and finance industry, according to the 2007 JobsFactory Employer of Choice Report.More than 2,800 fresh graduates from NUS, NTU and SMU responded to the JobsFactory survey, which basically asked them 2 questions - 1 for private employers and the other for government-linked ones.The survey respondent then ...
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