Sg median salary in 2024 is $5,500 per month per MOM

[MoeLanYong]

seems like only recently they include employer cpf? ppl are more interested in what they can spend not something lock up for decades

It tells how much a person earns. Your employer CPF is also your earnings

 

[testerjp]

So many jobless and they can still cook this number, can work at hai di lao.

 

[cyke69sg]

It tells how much a person earns. Your employer CPF is also your earnings

I have no employer CPF.

 

[XiaoChilli]

Per MOM Singapore 2024 median salary is $5,500 per month, including employer CPF.

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

This means the effective basic salary is $4.700 per month

($4,700 x 1.17 = $5,500; Employer CPF is 17%)

Why so many $20k earners are in edmw? Did we help push the national average up?

Who u want to trigger

 

[XiaoChilli]

I have no employer CPF.

U the employer right.

 

[cyke69sg]

U the employer right.

No employer. But got entities pay me.

 

[askxyz]

It tells how much a person earns. Your employer CPF is also your earnings

we are more interested in gross salary

 

[jericho75]

Need to include employer CPF to boost the salary is quite sad.

Ya. Especially cpf is not live money

 

[Godeau]

Includes 13th month also,
So take home salary after cpf deduction is in the mid $3xxx range...

That makes sense since many Sgreans gotten their August cash handout by our government

 

[MoeLanYong]

we are more interested in gross salary

Isn't the figure gross?

 

[askxyz]

Isn't the figure gross?

we more interested in what the actual salary received in our pay slip every month. when did CPF contribution become salary? seems like only recently to inflate the number

 

[concreteman]

jialat , we are all below average

 

[zoossh]

Quite sad that majority are earning peanuts in an expensive country

Sure got people say no such thing in sg

 

[tshace]

Per MOM Singapore 2024 median salary is $5,500 per month, including employer CPF.

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

This means the effective basic salary is $4.700 per month

($4,700 x 1.17 = $5,500; Employer CPF is 17%)

Why so many $20k earners are in edmw? Did we help push the national average up?

Errr ... they included employer CPF to inflate the figure.
Why did not include also ...
- 13th month bonus
- CDC vouchers
- Cash payouts
- CPF topup
- Utility rebates
- Service & Conservacy Charges rebates
- etc. etc. etc ...

 

[MoeLanYong]

Errr ... they included employer CPF to inflate the figure.
Why did not include also ...
- 13th month bonus
- CDC vouchers
- Cash payouts
- CPF topup
- Utility rebates
- Service & Conservacy Charges rebates
- etc. etc. etc ...

Aiya they included employer CPF because this is earned by you too

 

[MoeLanYong]

we more interested in what the actual salary received in our pay slip every month. when did CPF contribution become salary? seems like only recently to inflate the number

Employer CPF is also what you earn wat....just sayin

 

[askxyz]

Employer CPF is also what you earn wat....just sayin

the first component is what company pays you for your performance and RnR. the other 2 is forced by law to contribute. we want the actual measurement of a position

Component	Who Pays	Where It Goes
Gross Salary (Monthly Wages)	Employer pays to you	This is your stated salary in your contract
Employee CPF Contribution	Deducted from your salary (20% for most people below 55)	Goes into your CPF (OA, SA, MA accounts)
Employer CPF Contribution	Paid separately by employer (17% for most below 55)	Goes directly into your CPF

 

[MoeLanYong]

the first component is what company pays you for your performance and RnR. the other 2 is forced by law to contribute. we want the actual measurement of a position

Component	Who Pays	Where It Goes
Gross Salary (Monthly Wages)	Employer pays to you	This is your stated salary in your contract
Employee CPF Contribution	Deducted from your salary (20% for most people below 55)	Goes into your CPF (OA, SA, MA accounts)
Employer CPF Contribution	Paid separately by employer (17% for most below 55)	Goes directly into your CPF

Ya. CPF is what you earn too. So i feel it is fair for MOM to make the statistics this way. To show what a person REALLY earns, in total. Because the person will eventually get it.

You want it shown a different way, just do some simple plus and minus yourself to suit your purpose.

 

[Lchlch]

Quite sad that majority are earning peanuts in an expensive country

Once retrenched, layoff, getting another job means suppressing the salary.

 

[MangoCAT]

So many jobless and they can still cook this number, can work at hai di lao.

however the 0.05% of Singapore are super stacked.