Thursday, August 21, 2008

Salary of workers aged 35 – 39

Managers aged 35 – 39 continued to be the highest paid in the financial industry ($9,241) in June 2007, pulled up mainly by the high earners such as managing directors ($21,992) and general managers ($12,300). They were followed by managers in professional services ($7,600) and information & communications ($6,991). Those working in hotels & restaurants ($3,071) continued to have the lowest median monthly gross wage, weighed down by a large presence of restaurant managers who were paid less ($2,602).

Professional services ($5,228), transport & storage ($5,109) and administrative & support services ($6,886) were the top paymasters for professionals. The professionals in administrative & support services were mainly engaged as IT professionals such as computer & information systems managers ($8,550) and systems designers and analysts ($7,450).

Both associate professionals & technicians and clerical workers in the 35 – 39 age group were paid the highest in professional services with a median monthly gross wage of $3,260 and $2,460 respectively. On the other hand, clerical workers in construction ($1,500), hotels & restaurants ($1,650) and administrative & support services ($1,730) were among the lowest paid.

The table above also show a 10 yrs comparison in the salary. Once again, the full report can be found at http://www.mom.gov.sg/publish/momportal/en/communities/others/mrsd/Publications/ReportonWages_2007.html, but you can stick to my summary.


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