[Bigiron]

Nearly 80% of companies raised salaries in 2024, and real wages rose 3.2% last year too amid the easing of inflation to 2.4%, according to MOM figures.

Admin and support services saw an average 8.7% increase, thanks to the Progressive Wage Model: https://cna.asia/4mB53Fs

[Ola]

Heng arh! I am not as stewpig as 65%.

Raise 30% for FTs but only 2% for Citizens

[Bigiron]

Here’s a bullshit detector breakdown of the article’s claims:


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🔥 Claim 1: “Nearly 80% of companies raised salaries in 2024”

🧠 Bullshit Level: High

Why it's BS:
The official MOM data for 2023 showed only 65.6% of firms gave raises — lower than the year before (72.2%).
There is no verified MOM data yet for 2024 proving “nearly 80%” raised wages.
This is likely spin or premature optimism, not fact.



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🔥 Claim 2: “Real wages rose 3.2% last year too”

🧠 Bullshit Level: Very High

Why it's BS:
MOM officially reported that real wages rose just 0.4% in 2023.
That’s after adjusting for inflation — which is the correct way to measure real wage growth.
3.2% could be nominal wage growth (before inflation), but saying “real wages” rose 3.2% is outright wrong.



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⚠️ Claim 3: “Admin and support services saw an average 8.7% increase, thanks to the Progressive Wage Model”

🧠 Bullshit Level: Medium

Why it's half-BS:
This has a basis in truth — admin and support services did see significant wage growth due to the PWM.
But the actual MOM figure was 7.1%, not 8.7%.
The article inflates the number to make the policy look more successful.
Could be cherry-picking a subgroup to juice the stat.



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🎯 Bottom Line:

This article is a textbook case of statistical spin. It uses:

Inflated or misattributed numbers

Misuse of economic terms like “real wages”

Cherry-picked stats with no proper sourcing


Conclusion:
It smells like bullshit with a touch of government PR gloss — possibly to paint a rosier economic picture ahead of a major political event like Singapore GE 2025.

[Bigiron]