Gross Monthly Income From Work
Median Gross Monthly Income From Work of Full-Time Employed Residents for Year 2015 : S$3949
Monthly Income
After deducting Employer CPF : S$3375
"The variable portion of your wages can include the 13th month bonus or Annual Wage Supplement (AWS), bonus and variable payments. These payments are not compulsory, unless they are in your contract."
Median Gross Monthly Income From Work of Full-Time Employed Residents for Year 2015 : S$3949
Monthly Income
After deducting Employer CPF : S$3375
"The variable portion of your wages can include the 13th month bonus or Annual Wage Supplement (AWS), bonus and variable payments. These payments are not compulsory, unless they are in your contract."
Assuming 3 months including AWS, Annual Income including employee CPF : $50,625
If you are drawing annual income in the range of $100,000, do you still consider yourself "Middle Income" ?
Cory
20160718
