Education Education Education ....
If you want to build a country , company or family or even oneself . It’s all about Education Education Education .
Singapore spend $70,939 in expenditure on a child’s primary, secondary and tertiary education only next to Hongkong and UAE . In 2018, the Singapore government spent around 37.2 percent of their budget on the social sector. This included both education, and health spending, among others. Singapore spend whopping 28% of GDP on education . Highest in the world .
In Singapore, teachers are quite highly paid. According to salary benchmarking website payscale.com, secondary school teachers receive annual salaries of $70,782, or about $5,900 a month. Primary school teachers earn just a little bit less: $68,314 a year, or about $5,700 a month.
Tutors, on the other hand, are usually self-employed and charge by the hour. They don’t receive CPF contributions and bonuses.
The hourly pay range can be huge. On the higher end of the scale, there are ex-MOE tutors who specialise in difficult subjects at higher levels, who can bring in as much as $100 per hour.But non-superstar freelance primary and secondary school tutors realistically earn $25 to $50 per hour.
Considering CPF contributions and performance bonuses, full-time MOE teachers in Singapore do end up having stable annual salaries that’s very respectable. Tutors usually only work during school terms and get 10 months’ of salary, while MOE teachers get almost 15, considering bonuses.
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