Collection of Data on Real Wage Growth by Age Group

Debated in Parliament on 1 Aug 2022.

Summary written by AI (learn more)

The Ministry of Manpower publishes annual median wage data and recommends examining long-term trends rather than annual fluctuations due to volatility.
Real wage growth is provided as annualised changes for full-time employed residents across age groups from 2000 to 2021 in a table.
The response covers all five age groups specified by Hazel Poa, though specific percentage figures are not detailed in the debate text.
The data includes employer CPF contributions and focuses on median gross monthly income from work.
The debate highlights a methodological approach to wage analysis over time rather than providing year-by-year breakdowns.

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Full Transcript

Hazel Poa

Ms Hazel Poa asked the Minister for Manpower (a) whether the Ministry collects data on real wage growth based on different age groups; and (b) if so, what is the real wage increase for each year from 2000 to 2021 for those aged (i) 29 and below (ii) 30 to 39 (iii) 40 to 49 (iv) 50 to 59 and (v) 60 and above respectively.

Tan See Leng

The Ministry of Manpower (MOM) publishes the median gross monthly income from work in our annual reports on the Labour Force in Singapore. It is sensible to examine the trend of wage growth over a longer period of time, instead of annually, as the annual numbers are sometimes subjected to wider fluctuations.

The real annualised change in median gross monthly income from work (including employer CPF contributions) of full-time employed residents by age is provided in Table 1.

Summary written by AI (learn more)

The Ministry of Manpower publishes annual median wage data and recommends examining long-term trends rather than annual fluctuations due to volatility.
Real wage growth is provided as annualised changes for full-time employed residents across age groups from 2000 to 2021 in a table.
The response covers all five age groups specified by Hazel Poa, though specific percentage figures are not detailed in the debate text.
The data includes employer CPF contributions and focuses on median gross monthly income from work.
The debate highlights a methodological approach to wage analysis over time rather than providing year-by-year breakdowns.

Questions identified by AI (learn more)

Collection of Data on Real Wage Growth by Age Group | PAPERCUTS

Collection of Data on Real Wage Growth by Age Group

Debated in Parliament on 1 Aug 2022.

Summary written by AI (learn more)

The Ministry of Manpower publishes annual median wage data and recommends examining long-term trends rather than annual fluctuations due to volatility.
Real wage growth is provided as annualised changes for full-time employed residents across age groups from 2000 to 2021 in a table.
The response covers all five age groups specified by Hazel Poa, though specific percentage figures are not detailed in the debate text.
The data includes employer CPF contributions and focuses on median gross monthly income from work.
The debate highlights a methodological approach to wage analysis over time rather than providing year-by-year breakdowns.

Questions identified by AI (learn more)

Full Transcript

Hazel Poa

Tan See Leng

The real annualised change in median gross monthly income from work (including employer CPF contributions) of full-time employed residents by age is provided in Table 1.

Summary written by AI (learn more)

The Ministry of Manpower publishes annual median wage data and recommends examining long-term trends rather than annual fluctuations due to volatility.
Real wage growth is provided as annualised changes for full-time employed residents across age groups from 2000 to 2021 in a table.
The response covers all five age groups specified by Hazel Poa, though specific percentage figures are not detailed in the debate text.
The data includes employer CPF contributions and focuses on median gross monthly income from work.
The debate highlights a methodological approach to wage analysis over time rather than providing year-by-year breakdowns.

Questions identified by AI (learn more)

Collection of Data on Real Wage Growth by Age Group

Summary

Questions Identified

Full Transcript

Hazel Poa

Tan See Leng

Summary

Questions Identified

Collection of Data on Real Wage Growth by Age Group

Summary

Questions Identified

Full Transcript

Hazel Poa

Tan See Leng

Summary

Questions Identified