For 2017, ensure that your salary increase is at least $130. If not, you will get poorer:
1. electricity tariff. It has risen by an average 5.7%. Going by news report, the average monthly electricity bill for families living in four-room HDB flats will increase by S$4.30. Multiply that by 12 months and you get $51.60
2. water prices. It will be increased by 30% from July. An average monthly water bill of $150 will cost $195 in July. An increase of $45
3. If you stay in one of the 15 PAP town council wards, service and conservancy charges will increase from June and the increase will range from $0.50 to $9 per month. Let’s take $4.50 as an average. This will mean an increase of $31.50 from June till year end.
$51.60 + $45 + $31.50 = $128.10
As what Minister Indranee has mentioned, it boils down to how you can increase your income.
Now go and ask for a raise.
Source: Khan Osman Sulaiman