Collection of Data on Real Wage Growth by Age Group

73 Ms Hazel Poa asked the Minister for Manpower (a) whether the Ministry collects data on real wage growth based on different age groups; and (b) if so, what is the real wage increase for each year from 2000 to 2021 for those aged (i) 29 and below (ii) 30 to 39 (iii) 40 to 49 (iv) 50 to 59 and (v) 60 and above respectively.

Dr Tan See Leng: The Ministry of Manpower (MOM) publishes the median gross monthly income from work in our annual reports on the Labour Force in Singapore. It is sensible to examine the trend of wage growth over a longer period of time, instead of annually, as the annual numbers are sometimes subjected to wider fluctuations.

The real annualised change in median gross monthly income from work (including employer CPF contributions) of full-time employed residents by age is provided in Table 1.