Real and Nominal Wage Growth for Singaporeans in Each Decile for Last 10 Years

Debated in Parliament on 3 Jul 2017.

Summary written by AI (learn more)

The Minister for Manpower explained that the Ministry of Manpower tracks wage trends for low-wage workers (20th percentile) and general workers (50th percentile) rather than all income deciles for the past decade.
Data provided shows annual nominal and real gross monthly income changes, including employer CPF contributions, for full-time employed Singaporeans at the 20th and 50th percentiles from 2007 to 2016.
The response highlights that the Ministry focuses on specific income brackets to monitor wage outcomes rather than providing decile-by-decile breakdowns for the entire period.

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Full Transcript

Chen Show Mao

Mr Chen Show Mao asked the Minister for Manpower what was the real and nominal wage growth for Singaporeans in each income decile for each of the last 10 years.

Lim Swee Say

The Ministry of Manpower (MOM) monitors the wage outcome of the workforce by tracking income trends at the 20th percentile10 (low-wage workers) and 50th percentile (general workers). The annual change in nominal and real11 gross monthly income (including employer Central Provident Fund [CPF] contributions) by the 20th and 50th percentile for Full-Time Employed12 Singaporeans, from 2007 to 2016, is provided in Table 1 below.

Table 1 Annual Change (%) in Gross Monthly Income from Work13 (including Employer CPF contributions) of Full-Time Employed Singaporeans, June 2007-2016

Summary written by AI (learn more)

The Minister for Manpower explained that the Ministry of Manpower tracks wage trends for low-wage workers (20th percentile) and general workers (50th percentile) rather than all income deciles for the past decade.
Data provided shows annual nominal and real gross monthly income changes, including employer CPF contributions, for full-time employed Singaporeans at the 20th and 50th percentiles from 2007 to 2016.
The response highlights that the Ministry focuses on specific income brackets to monitor wage outcomes rather than providing decile-by-decile breakdowns for the entire period.

Questions identified by AI (learn more)

Real and Nominal Wage Growth for Singaporeans in Each Decile for Last 10 Years | PAPERCUTS

Real and Nominal Wage Growth for Singaporeans in Each Decile for Last 10 Years

Debated in Parliament on 3 Jul 2017.

Summary written by AI (learn more)

The Minister for Manpower explained that the Ministry of Manpower tracks wage trends for low-wage workers (20th percentile) and general workers (50th percentile) rather than all income deciles for the past decade.
Data provided shows annual nominal and real gross monthly income changes, including employer CPF contributions, for full-time employed Singaporeans at the 20th and 50th percentiles from 2007 to 2016.
The response highlights that the Ministry focuses on specific income brackets to monitor wage outcomes rather than providing decile-by-decile breakdowns for the entire period.

Questions identified by AI (learn more)

Full Transcript

Chen Show Mao

Mr Chen Show Mao asked the Minister for Manpower what was the real and nominal wage growth for Singaporeans in each income decile for each of the last 10 years.

Lim Swee Say

Table 1 Annual Change (%) in Gross Monthly Income from Work13 (including Employer CPF contributions) of Full-Time Employed Singaporeans, June 2007-2016

Summary written by AI (learn more)

The Minister for Manpower explained that the Ministry of Manpower tracks wage trends for low-wage workers (20th percentile) and general workers (50th percentile) rather than all income deciles for the past decade.
Data provided shows annual nominal and real gross monthly income changes, including employer CPF contributions, for full-time employed Singaporeans at the 20th and 50th percentiles from 2007 to 2016.
The response highlights that the Ministry focuses on specific income brackets to monitor wage outcomes rather than providing decile-by-decile breakdowns for the entire period.

Questions identified by AI (learn more)

Real and Nominal Wage Growth for Singaporeans in Each Decile for Last 10 Years

Summary

Questions Identified

Full Transcript

Chen Show Mao

Lim Swee Say

Summary

Questions Identified

Real and Nominal Wage Growth for Singaporeans in Each Decile for Last 10 Years

Summary

Questions Identified

Full Transcript

Chen Show Mao

Lim Swee Say

Summary

Questions Identified