
Are you making $6,300 a month as a manager ?
That was the median income for managers in 2010, but can you guess how much professionals earned ?
The Ministry of Manpower noted:
Reflecting the premium on skills and responsibilities, managers continued to command the highest median gross monthly wage at $6,300 in June 2010. Professionals came in second at $4,300. The third highest paid were the associate professionals & technicians who drew a median pay of $2,987. Clerical support workers ($2,001) and service & sales workers ($1,788) earned around $2,000. Among blue-collar occupations, craftsmen & related trades workers ($2,250) and plant & machine operators ($1,896) were paid more than cleaners, labourers & related workers ($960) for their skills and craftsmanship. Wages were commonly observed to rise with age, especially for occupations at the higher end. The pace of wage increase with age was more pronounced with managers and professionals. The link between age and earnings was less obvious for blue collar and lower-skilled workers. Their wages generally rose more gradually and peaked early in their thirties. Advancing age typically works against workers in manual occupations, given the physical nature of the jobs. |