Wages of Singaporeans have increased by only 0.9 percent last year
Posted by temasektimes on June 30, 2012
Salaries in the private sector rose by 6.1 per cent compared to a 5.7 per cent growth in 2010 which is attributed to a tight labor market.
However, after factoring inflation, the increase works out to be 0.9 per cent, lower than 2010’s gain of 2.9 per cent. Singapore’s inflation rate does not include housing.
The top earners were manager with an average gross median wage of S$6,630 monthly followed by financial and professional services and technicians.
At the other end of the spectrum were food and beverage industries, as well as employees working in accommodation. Cleaners and labourers took home an average of $1,020 a month.