It's true. Actually 20% duno what plus up to 20% other thingy.

I think I know which co u are from... haha!

cause I am from same ex-co.

eh guys.. was wondering, anyone here know any cheap or budget hotel in singapore? care to share some as my cousin coming soon

You guys are missing the point.
The % is important, but it is not the point. The % is merely a fraction of the base.
Go down that road some, even the increment's not the point. It's only the additional.
The point is how much you take home at the end of the day.
Think about it... you earn $3K a month and get a 10% increment. What do you take home next month? $3300.
Let's say... I earn $10K a month and get a 1% increment. What do I take home next month? $10100. I still earn more than 3X what you earn, every month, every year, and I earned 3X more than you last year as well (before the increment) and probably the years before that too. And this goes on until you catch up... which might take quite a few years or for 85% of the population, it'll never happen. Even if my pay is stagnant, I'm still way better off than you are now, in the past and in the future.

And don't forget the allowances. If you earn $10K a month, I'm willing to bet that you'd probably have $1-3K a month in allowances for car, entertainment, housing etc. And you might get club membership, incentive/bonus stock and stock options.

World's a little different when you're higher up.