Are you happy with your salary? Rhetorical question I know – well, it is at least for more than 80% of Singaporeans according to a recent survey on the matter.
One thing that jumped out about the survey that we covered in a recent article is that most Singaporeans involved in the survey said that they would be happy with a salary of $6,000 a month.
But only about 20% of Singapore employed residents earn $6,000 or more a month! The funny thing is that the top 10 highest paying jobs in Singapore make that number look like the minimum wage (oh, forgot that we don’t have that in Singapore).
One thing is for sure – you’re definitely A LOT happier with your salary (can’t say the same about the work/life balance) if you’re lucky (depending on your perspective) enough to have one of the 10 highest paying jobs in Singapore:
#1 Managing Director/Chief Executive Officer (CEO)
Median Gross Monthly Salary: $31,800
#2 Specialist Medical Practitioner (Medical)
Median Gross Monthly Salary: $30,250
#3 Specialist Medical Practitioner (Surgical)
Median Gross Monthly Salary: $26,516
#4 Trade Broker (Including Oil/Bunker Traders)
Median Gross Monthly Salary: $21,667
#5 Foreign Exchange Dealer/Broker
Median Gross Monthly Salary: $19,083
#6 Chief Operating Officer (COO)/General Manager (GM)
Median Gross Monthly Salary: $17,087
#7 Company Director
Median Gross Monthly Salary: $17,050
#8 Ship Broker
Median Gross Monthly Salary: $17,000
#9 General Practitioner/Physician
Median Gross Monthly Salary: $16,354
#10 Commodities Derivatives Broker
Median Gross Monthly Salary: $15,000
Note: Salary statistics taken from Salary.sg’s list of the top 100 highest paying jobs in Singapore according to the Ministry of Manpower’s (MOM) occupational wage tables.
Final Note: It’s not that hard to make $6,000 a month – it just takes a combination of backbreaking work, Game of Thrones-like workplace scheming/backstabbing and sheer luck to hit that mark.
You’ll also need to pray that inflation remains ridiculously low, your yearly wage increment is 10% or more each year and you’ll need to find a way to earn some income on the side – preferably from activities that won’t get you thrown in Changi Prison.
Not that hard at all…
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