Singapore Salary Guide 2023 Mom

Singapore Salary Guide 2023 Mom Singapore salary guide 2023 Are you earning enough How much are your peers getting Results are based on the Ministry of Manpower s Occupational Wages 2022 data and Labour Force in

A survey of 11 200 graduates found the median gross monthly salary for full time permanent jobs had increased from 3 600 in 2019 to 3 800 in 2021 Elsewhere the Jobstreet Salary Report 2022 revealed that 41 industries in Singapore had increased gross salaries since the previous year Industries like transportation 54 information October 2023 to formulate wage guidelines for the period from 1 December 2023 to 30 November 2024 Economic Performance and Outlook 2 Based on advance estimates1 the Singapore economy grew by 0 7 on a year on year y o y basis in the third quarter of 2023 following the 0 5 growth in the previous quarter

Singapore Salary Guide 2023 Mom

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To the NWC Guidelines or MOM s website for details on part time and overtime requirements 1 Mar 2023 30 Jun 2024 Current 1 Jul 2025 30 Jun 2026 New Percentage Increase from 2023 2025 1 500 1 800 1 980 32 PWM Baseline Gross Wage Requirements3 OPW Job Level2 Administrative Assistant 2 000 2 390 2 580 29 C1 Salary benchmarks by Sector rReleased in May 2023 Accommodation Age Required salary for 10 points 65th percentile of local PMETs Required salary for 20 points 90th percentile of local PMETs 37 5 583 9 104 38 5 683 9 369 39 5 783 9 635 40 5 883 9 900 41 5 983 10 165

Compared to a growth rate of 3 5 last year Singapore s economy is expected to grow by 0 5 2 5 in 2023 The silver lining to this is that while businesses may exercise more caution when hiring they will also focus more on utilising their existing talent in the most efficient ways Another crucial point that jobseekers can rejoice in 2023 24 Singapore Salary Guide Our newly released 2023 24 Singapore Salary Guide provides a comprehensive overview of the latest average salaries for professional and technical positions across various industries As a valuable resource this guide offers HR and business leaders insights into the current economy and labour market highlighting

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Summary Table Income Released on 25 6 2024 10 25 AM Income from employment is a key indicator of economic well being Gross monthly income from employment is the w idest measure of income from employment covering both employees and the self employed For income of a typical worker look at the median gross monthly income According to figures released by the Ministry of Trade and Industry MTI in November 2022 Singapore s economic growth is expected to slow to 0 5 to 2 5 in 2023 due to global uncertainties down from the projected 3 5 growth in 2022 Singapore s Ministry of Manpower revealed in an October 2022 report In the coming months a

Data and Other Resources The latest data on graduate starting salary are available here Last updated 19 Jul 2024 About Us Subscribe to Our Newsletter Contact Us Feedback Report Vulnerability The Straits Times on July 30 released the 2024 Singapore Salary Guide which draws from MOM s annual residents rose 2 5 per cent year on year in 2023 according to MOM data released in

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Singapore Salary Guide 2023 Mom - Expand all 01 What is the average salary in Singapore The average salary in Singapore is around S 70 000 Full time workers in Singapore on average make S 5 783 a month equating to S 69 396 a year 02 How to use the salary calculator Simply type in the job title you wish to search and click Compare Salary