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  #13370 (permalink)  
Old 06-10-2022, 12:57 AM
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Originally Posted by Unregistered View Post
Data from MOM on salary distribution of all Singaporean Residents


1. Residents refer to Singapore Citizens and Permanent Residents.
2. Data exclude Full-Time National Servicemen.
3. Gross monthly income refers to income earned from employment. For employees, it refers to the gross monthly wages or salaries before deduction of employee CPF contributions and personal income tax. It comprises basic wages, overtime pay, commissions, tips, other allowances and one-twelfth of annual bonuses. For self-employed persons, gross monthly income refers to the average monthly profits from their business, trade or profession (i.e. total receipts less business expenses incurred) before deduction of income tax.

Total Population Included in this data is around 2m
60.8k population earn above $240k per annum (top 3%)
114.8k population earn above $180k per annum (top 5.7%)
267.9k population earn above $120k per annum (top 10.3%)
Around 360k population earn above $100k per annum (top 18%)
These 2021 numbers might be no longer relevant in 2022.
Many people around me got significant pay bump this year with or without changing their job.
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