- Average Monthly Earnings vs Salary – expanded
- Median vs Average Salary in Singapore – the difference?
- Income and salary data verification (2019)
- Average monthly earnings from 2009 to 2019
- Some final thoughts
Average (or mean) Monthly Earnings (AME) refers to all remuneration received before deduction of the employee Central Provident Fund (CPF) contributions and personal income tax. I noted that this definition is different from salary (usually monthly) that typically refers only to payment to an employee for completing one month of work.
Salary is therefore a subset of average monthly earnings. Having said that, for a lot of people, salary is their only source of income so they may frequently assume the two to be the same.
In my quest to find out what is the average salary in Singapore, I write about the following in this blog post –