Originally Posted by Unregistered

Thanks for your reply!

So 1 month= 4950 basic + 240*4 calls = 5910 before tax and CPF
After tax and CPF = 5910*0.7 = 4137 per month take home

But including bonuses assuming 16 months package

Total annual income before tax and CPF = 4950*16 + 240*4*12 = 90720
Total annual income after tax and CPF = 90720*0.7 = 63504
CPF = 90720*0.2 = 18144
Total earned = 18144 + 63504 = 81648 per annum including CPF

So actually we are earning about 81648/12 = 6807 per month, but we take home only 4137 per month

Is that correct?