Saturday 3 December 2011
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Real wage increase just 0.1% for Singapore workers - Labour Economist
Malaysia Star, 4 Dec 2011
THE monthly salaries of Singapore workers went up this year, for the second year in a row.
Their median income - the mid-point in a range - was $2,633 (RM6,410.88) in June compared to $2,500 (RM6,087.05) a year ago, a 5.3% increase, led by economic growth and a tighter labour market.
But for all workers, including part-timers, the real wage increase was just 0.1%, said labour economist Dr Hui Weng Tat of the Lee Kuan Yew School of Public Policy. Full story
THE monthly salaries of Singapore workers went up this year, for the second year in a row.
Their median income - the mid-point in a range - was $2,633 (RM6,410.88) in June compared to $2,500 (RM6,087.05) a year ago, a 5.3% increase, led by economic growth and a tighter labour market.
But for all workers, including part-timers, the real wage increase was just 0.1%, said labour economist Dr Hui Weng Tat of the Lee Kuan Yew School of Public Policy. Full story
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