Anonymous

06 Jul 2020

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Do you think the median household income includes bonuses, allowances, etc? Or it is just the basic pay?

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Yang Teng

06 Jul 2020

This definition is possibly used for the computation of median household income:

Gross monthly income ... refers to the gross monthly wages or salaries before deduction of employee CPF contributions and personal income tax. It comprises basic wages, overtime pay, commissions, tips, other allowances and one-twelfth of annual bonuses.

https://stats.mom.gov.sg/Pages/Income-Summary-T...

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