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Thanks to a comment from a reader, I got to know about the Hays 2009 Salary Guides.After browsing through some of these guides, I personally think the salary ranges are on the high side, especially when the footnotes say “salaries are representative of the total package value, although exclude any annual bonus.”Here’s a sampling ...
Same survey, but different headlines.I thought I heard over TV news that two-thirds of those surveyed are NOT willing to work beyond 65 years old.Then, in printed and online news today, the headlines are “Baby boomers are not ready to call it a day” (BT) and “Survey shows 3 in 10 expect to retire ...
Two days ago, a Straits Times Insight article mentioned that there were 756,000 foreign workers in Singapore last year.Foreign talent accounts for 30.3% of our work force. This means that out of the 2.5 million working adults in Singapore, 3 in 10 are foreigners.Not all of them are highly paid though.The article went on ...
Private tutor Phang Yu Hon who gives Physics tuition earned a whopping $520,000 last year. He paid over $85k in taxes.In a video interview with ST, he said he will be earning even more this year:“My income has been going up exponentially. So, I think this year it’s going to be even higher. Ka-ching.” (Sound ...
Want to know which are the best-paying jobs in the highly lucrative Banking & Financial Services industry?We have compiled a list of 25 high-earning jobs based on the MOM Report on Wag …
Starting from 1 January 2008, your CPF balances will earn more interests.Interest Pegging for Special Account, Medisave Account and Retirement Account (SMRA)The yield will be pegged to 1% + the 12-month average yield of the 10-year Singapore Government Security (10YSGS), subject to a minimum of 4% for 2 years. The yield data is available ...
It’s a rhetorical question.In his highly anticipated annual letter to shareholders of Berkshire Hathaway, the legendary investor Warren Buffett said the following, clearly accepting blame for the lacklustre performance of his investment firm:“During 2008 I did some dumb things in investments,… I made some errors of omission, sucking my thumb when new facts …
Your net worth is a measure of how wealthy you are. A person may be cash rich, while another may be cash poor but own a property. Both of them could have the same net worth.And do you know there’s a rule of thumb for telling whether your net worth is “up to mark”?According ...
It’s been a while since the term life sciences last appeared in the mainstream media. Most recently, it appeared somewhat in the form of “green chemistry” in this CNA report talking about GlaxoSmithKline opening a facility in Singapore and sponsoring some scholarships.The scholarships are for studies in green chemistry and public health policy.Green …
Former remisier king in an interview with the Business Times said:“Today’s bull run can get cut short by a number of things. Just like our recent experience with Sars, … the least expected thing can happen at the wrong time. I got a feeling the next downturn will be very severe.“But don’t sell everything ...
It will be the first time in history if our reserves are tapped to save Singapore from the rapidly worsening economy.I think it’s a major cause for concern, not because tapping the reserves sets a precedence - our government is well known for setting up safeguards to prevent future abuse - but because our ...
Wouldn’t it be nice if you can “benchmark” your annual income against the general population in Singapore?Enter your annual income to calculate your “Income Percen …
Want to know how your family’s combined income stack up against other families?Use the following form to compare your household income:The above tool is based on info recently released by Singapore Department of Statistics.You may also find these other Salary.sg tools useful:Benchmark your annual payBenchmark your pay by age and genderReference: Key Household Income ...
Did you regret not exploiting the previous downturn? If you had invested in blue chip stocks around March 2009, plus/minus 1 or 2 months, and sold early this year, you would have doubled y …
Children from rich background have it easy. Many doctors come from rich families. Rich kids go to elite schools. If they work sufficiently hard, they can almost guarantee themselves a good life - get good high-paying jobs, inherit parents’ fortune, and the “virtuous” cycle repeats.I’ve said before that it takes luck and a lot more ...
When did your annual pay go above $100,000 for the first time? Based on Iras Annual Report 2009/10, there were exactly 216,358 resident taxpayers in Singapore earning more than $100,000 in 2008. This is about 21% of all resident taxpayers. Are you one of them? When did you first achieve a 6-figure income? When did ...
Condo units sold during the 1996-1997 property peak are selling at below their launch prices. This is reported in yesterday’s Straits Times. But in the report, no one stated the obvious:You are taking a big risk if you buy at a peak.The ST article listed 3 freehold properties that are still “under water”. The Chelsea ...
Read an interesting thread in Sammyboy in delphiforums titled “Engineering: A dead end career in SG”. Here are some interesting quotes from that thread:“Most successful second-career Engineers I know switched line during their 2-3 year of work. Some became Bankers, some went into Sales, some went into IT… The world needs Engineers more than ...
When Straits Times reported on the research by DTZ, it said:“FOREIGN home buyers snapped up 16 per cent of all private homes sold in the first quarter – the highest quarterly percentage since data became available in 1995.”We all are familiar by now that when the government and the media use the term “foreigners 221;, they ...
The world’s first F1 night race - the Singtel Singapore Grand Prix - just ended with Renault’s Fernando Alonso coming in first, followed by Williams’ Nico Rosberg, and McLaren’s Lewis Hamilton in third position.As usual, we’re concerned with the all-important question: How much do F1 drivers earn?According to a Times Online article, Hamilton …
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