{
  "id": 14599688,
  "title": "50% of S’pore workers set to earn S$6,000+ as salaries rise. But what’s the take-home pay?",
  "url": "https://urgent.news/2026/10/15/50-of-spore-workers-set-to-earn-s-6-000-as-salaries-rise-but-whats",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-10-15T02:15:50.000Z",
  "source": {
    "name": "Vulcan Post",
    "slug": "vulcan-post",
    "url": "https://vulcanpost.com/913855/singapore-salaries-rise-6000-gross-median-monthly-income/"
  },
  "original_language": "en",
  "account": "Singapore's economy is booming with GDP growth hovering around 6%, leading to a projected 4.1% salary increase according to Aon, a leading insurance broker. This trend is similar to estimates from Mercer, WTW, Korn Ferry and Robert Walters, all predicting around a 4% rise in gross median income from work. If these projections hold true, half of Singapore's workers could earn S$6,000 per month or more by the end of 2025.\n\nHowever, the figures provided by the Ministry of Manpower (MOM) include employer CPF contributions, which do not represent the actual take-home pay. CPF contributions, including the employee's and employer's share, amount to approximately 37% of the gross salary.\n\nAfter accounting for employer CPF contributions, employee CPF and income tax, the real net monthly average for someone earning S$6,000 in MOM statistics is around S$4,009. But this amount is not what workers receive in their bank accounts each month, as bonuses are paid out only once or twice a year.\n\nAccording to MOM's report, the average annual bonus quantum is equal to 1.8 months of basic salary. In our example, this works out to an additional S$6,080. When accounting for the bonus and subtracting the tax, the median take-home pay for the median \"gross income from work\" is estimated at S$3,596 per month.\n\nIt's important to note that individual take-home pay will vary based on bonuses, overtime, and tax deductions. However, when comparing with official gross figures, workers can estimate their take-home pay by cutting roughly 33% (or 40% including the bonus) from the gross median income.",
  "summary": "Disclaimer: Unless otherwise stated, any opinions expressed below belong solely to the author. With GDP growth in Singapore hovering around the 6% mark, it’s only natural for local incomes to follow the booming economy. In its recent report, the world’s second-largest insurance broker, Aon, projects salary growth in Singapore to reach 4.1%. This forecast (we […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}