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2 different median income published, which is real?

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Old 14-07-2018, 05:21 PM   #1
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2 different median income published, which is real?

http://www.tablebuilder.singstat.gov...on?refId=15461

2699sgd per household member

http://stats.mom.gov.sg/Pages/Income-Summary-Table.aspx

4232 sgd for full time employed resident.
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Old 14-07-2018, 07:07 PM   #2
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http://www.tablebuilder.singstat.gov...on?refId=15461

2699sgd per household member

http://stats.mom.gov.sg/Pages/Income-Summary-Table.aspx

4232 sgd for full time employed resident.
household member and full time employed resident very different what..

some families the wife not working, so it makes sense
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Old 14-07-2018, 08:10 PM   #3
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household member and full time employed resident very different what..

some families the wife not working, so it makes sense

also children and grandparents.... this sort of question, if think a little bit, he can answer by himself, no need to ask.....
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Old 14-07-2018, 08:14 PM   #4
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http://www.tablebuilder.singstat.gov...on?refId=15461

2699sgd per household member

http://stats.mom.gov.sg/Pages/Income-Summary-Table.aspx

4232 sgd for full time employed resident.

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Old 14-07-2018, 08:58 PM   #5
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I think the previous answer wasn’t that correct. Coz they take the average of household member that are working to do the calculation.
So what is your opinion on this?

If the first one includes part timer and contract worker, then it makes more sense.
Second one should be on full time basis.


also children and grandparents.... this sort of question, if think a little bit, he can answer by himself, no need to ask.....
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Old 14-07-2018, 10:29 PM   #6
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They are different lah!

S$2699 is median household income (could be income from 2 or more people in the household working) / number of household members.

S$4232 is for full time employed resident is for 1 individual for "Median Gross Monthly Income From Work (Including Employer CPF Contributions) of Full-Time Employed Residents".
So that means the S$4232 is = total annual pay (including employer CPF contributions) divided by 12 months, and include employer CPF contributions, all bonuses (including 13th month pay and may be 1 or 2 months extra bonus pay), and over-time pay too?

In the past, they will show gross median pay before employer CPF contributions, but now they don't show anymore. Still, you can calculate yourself to exclude CPF contributions (since these money are all lock up in CPF and can't be spent for daily expenses).

So, actual median basic monthly pay excluding employer CPF contributions will likely be = ((4232*12) / 15) / 1.17 = S$2893 p.m.!


http://www.tablebuilder.singstat.gov...on?refId=15461

2699sgd per household member

http://stats.mom.gov.sg/Pages/Income-Summary-Table.aspx

4232 sgd for full time employed resident.

Last edited by ervino; 14-07-2018 at 10:31 PM..
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Old 14-07-2018, 10:38 PM   #7
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So the first one take into account people that are not working as well?

So 4300 is actually a better median?

They are different lah!

S$2699 is median household income (could be income from 2 or more people in the household working) / number of household members.

S$4232 is for full time employed resident is for 1 individual for "Median Gross Monthly Income From Work (Including Employer CPF Contributions) of Full-Time Employed Residents".
So that means the S$4232 is = total annual pay (including employer CPF contributions) divided by 12 months, and include employer CPF contributions, all bonuses (including 13th month pay and may be 1 or 2 months extra bonus pay), and over-time pay too?

In the past, they will show gross median pay before employer CPF contributions, but now they don't show anymore. Still, you can calculate yourself to exclude CPF contributions (since these money are all lock up in CPF and can't be spent for daily expenses).

So, actual median basic monthly pay excluding employer CPF contributions will likely be = ((4232*12) / 15) / 1.17 = S$2893 p.m.!
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Old 14-07-2018, 11:20 PM   #8
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So the first one take into account people that are not working as well?
I hope you are not teaching Mathematics for tuition
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Old 14-07-2018, 11:22 PM   #9
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I hope you are not teaching Mathematics for tuition

You know i don't really care what people say about me.
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Old 14-07-2018, 11:35 PM   #10
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I think the previous answer wasn’t that correct. Coz they take the average of household member that are working to do the calculation.
So what is your opinion on this?

If the first one includes part timer and contract worker, then it makes more sense.
Second one should be on full time basis.
alr said household member liao.. ownself go add the boded part then ask y diff.

household member means anyone in a household. a 3 yo kid is a household member. a 90 yo grandma is a household member.
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Old 14-07-2018, 11:36 PM   #11
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alr said household member liao.. ownself go add the boded part then ask y diff.

household member means anyone in a household. a 3 yo kid is a household member. a 90 yo grandma is a household member.

cannot ask for fun? i stupid can?
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Old 14-07-2018, 11:47 PM   #12
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Numbers sound about there.
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Old 15-07-2018, 12:03 AM   #13
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cannot ask for fun? i stupid can?
That's why I called you silly in the other thread.

But not bad what. Can be silly but rich.
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Old 15-07-2018, 12:04 AM   #14
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http://www.tablebuilder.singstat.gov...on?refId=15461

2699sgd per household member

http://stats.mom.gov.sg/Pages/Income-Summary-Table.aspx

4232 sgd for full time employed resident.
I think ..... if you are comparing your own income against other individuals, look at mom. If you are comparing your household income against other households, look at stat.
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Old 15-07-2018, 12:08 AM   #15
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That's why I called you silly in the other thread.

But not bad what. Can be silly but rich.
If silly can be rich, who doesn't want. But no fool
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