Compare Your Annual Income 2023
If you make $100k yearly, you are at the 73.1th percentile.
To be in the top 10%, you need an annual income of $191k. If you aspire to be in the top 5%, your annual income has to be $284k. An income of $439k places you in the top 2%, and an income of $696k places you in the top 1%. Benchmark your income at: https://www.salary.sg/2023/compare-y...l-income-2023/ |
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Is this inclusive of employer CPF? How about bonuses?
For example, if someone's has: Base salary: $10,000 Employee CPF: $1,200 Take home salary: $8,800 Employer CPF: $1,020 Annual bonus: $20,000 (For simplicity, I'm going to pretend there is no CPF on this bonus) Does this mean his total income is calculated as: A) $10,000 x 12 = $120,000 B) ($10,000 x 12) + $20,000 = $140,000 C) ($10,000 x 12) + ($1,020 x 12) + $20,000 = $152,240 D) $8,800 x 12 = $105,600 E) ($8,800 x 12) + $20,000 = $125,600 Which value (A to E) is correct? |
You never add CPF into TC or total income comparisons. It makes 0 sense.
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Cpf cannot be immediately liquidated and used. |
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For example, my case for YA2022 would be: Gross salary from day job filed by employer in auto-inclusion scheme -- $102,000 Rental income with 15% assumed expense -- $24,480 Total = $126,480 |
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