Sunday, April 15, 2012

Singapore Average Salary - Check where do you stand @ world

Source: BBC

According to BBC this is where Singapore stands with it's "average" salary of $ 2,616. Ok, now before we jump to conclusions and start saying that it's 'average' and not 'median' let me point some facts.

According to recent graduate employment survey results, it's 2,700 - 3,500 (NTU) & 2,700 - 5000(NUS). This is excluding Employer CPF contributions & bonus/etc. If I take the lower value + 15% CPF and convert to US it stands at $ 2,464 which is still not far behind the BBC number.

Looks like we are doing a wonderful job here..

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