Accountants with 5 years Makes 75k

June 10th, 2008

Accountants are always among the top earning professionals in Singapore, with the top 8 taking home a median pay of $4.0 million in

Even our ministers and top civil servants have their remuneration benchmarked against accountants (along with 5 other groups of professionals).

According to the Robert Half International global salary survey, as reported in my paper today, an accountant with 5 years of working experience can expect to make “up to” $75,000 a year.

Internal auditors with as much experience can earn from $48,000 to $72,000. Poorer cousins

But despite the high pay, many accountants are leaving the profession.

Quoted from my paper:

“They face long working hours, high stress due to demanding deadlines, as well as a lack of work-life balance…”

That’s why accountants do not rank at the top of my unscientific

This entry was posted on Tuesday, June 10th, 2008 at 11:58 pm and is filed under Income, Career. You can follow any responses to this entry through the April 2009 February 2009 December 2008 October 2008 August 2008 June 2008 April 2008 February 2008 December 2007 October 2007 August 2007 June 2007 April 2007 February 2007 August 2006 April 2006

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Recent Comments

researcher2: 2.9k is too little for anyone with a degree and SEVEN years of experience. Are u working in a full time research position Heck, even... researcher: Hello there, can anybody tell me what is the average base salary for a Bsc (Hons) in biotechnology with 7 years of experience. I feel... true: it’s true. i’m watching the tv show on 8 now, also talking about jobless grads. tragic. Drahcir: If I decided to switch, which industry should I go for, or what type of course should I under-take. 1) Bank - corporate, investment (which... sour grapes: bad reasoning.. still need engineers.. just that they are not well paid.. pay at times is not tagged to value of the job/work.. and... sour grapes: evidence points to the fact that companies are retrenching to improve their bottom line so that they can answer to their shareholders.... Realistic: Hi, I was only stating my opinion. The evidence are out there. Look at the number of retrenchments. I am not here to flame anyone.... Simple is Beautiful: 30yrs old is not too late. I now 28 and pay 3500. but feel current engineering job not suitable to me in long run as soon I... low cost-low tech: engineers are not of much value. if engineering is important, sg govt will set up singapore engineering university in bras... sour grapes: well obviously you belong to the lower echelon.. such pay is considered meagre and peanuts, and you still state that they are... Drahcir: Hai~ My company just have some engineer lay off. So sad and the best part is that my company which is a large MNC have never retrenched... Realistic: Yes. Indeed. Thats why the retrenchment. No more economy to justify such “Costs” anymore. When times are bad. Companies have... not realistic: Trust me, there are MANY people who are VERY overpaid by your rule of thumb. Realistic: Well, salaries are justified by the contributions (e.g. sales generated, or worth of portfolios managed) by the individual to the... lowly paid: i feel so lowly paid. 35 this yr. 6k/mth only. jimmy: Which ones do not make sense to you In my opinion, the ones from the 31yo and 34yo are quite believable. Realistic: I guess we just have to be wary of the reported salaries… Some do not make sense. momosan: yeah the sense of proportion can be bewildering. we lesser mortals can never understand it. let it be. admin: catring, I’ve implemented your suggestion. Thanks! isrin: I don’t agree with these ranking. It depends on pupils studying in the school. That is how the school can grow to be a better school....

Quotable Quotes

Wong, ex-banker: It's all about making money, not because we love the bank. (ST, Feb 7, 2009) Reuters India: Singapore ranks alongside Kenya for income disparity. (Jan 11, 2009)