Wages UP a whopping 5.3% Well done PAP!

[Leongsam]

Wages up last year amid tight labour market


PUBLISHED ON JUN 5, 2014 10:27 AM



Salaries in Singapore grew 5.3 per cent on the back of a tight labour market and economic growth last year, up from 4.2 per cent in 2012. -- ST PHOTO: ALPHONSUS CHERN


BY TOH YONG CHUAN

SINGAPORE - Salaries in Singapore grew 5.3 per cent on the back of a tight labour market and economic growth last year, up from 4.2 per cent in 2012.

Latest official data shows that, after taking inflation into account, salaries rose 2.9 per cent in 2013, after dipping 0.4 per cent in 2012.

The Manpower Ministry Report on Wages, released on Thursday, also showed that inflation eased to 2.4 per cent in 2013, compared to 4.6 per cent a year earlier.

The wage increases include employers' Central Provident Fund contributions.

 

[AhMeng]

Yeh..i m a PAP Convert ... more good years...

 

[JabbatheHutt]

It's a good thing we don't have such human nonsense in Tatooine.

 

[tonychat]

Wages up for who? PAP cronies and their pet Ft?

 

[laksaboy]

It doesn't matter how high your wages have increased. If the inflation rate has increased more, you have lost.

 

[Dark Knight]

Where got wages up? Only for GLCs and his cronies.
Most of the wages in private sectors has remain the same almost every year.