The median income for Singaporeans and Residents was $3,248 and $3,480, respectively, in 2012.
(Singaporeans’ income $3,248 x 0.85) + (PRs’ income A x 0.15) = Residents’ $3,480 (assuming that the proportion of PR workers is about the same 15 % as that in the population)
Therefore PRs’ income A = $3,480 – $2,760.80 / 0.15
= $4,794.67
$4,794.67 / $3,248 = 1.476
So, does it mean that PRs earn about 47.6 % more than Singaporeans?
Perhaps the more significant question to ask is – does it indicate perhaps that most of the better paying jobs may be going to PRs, relative to Singaporeans? Full story
