Most Singaporeans received salary increases this year: Survey

[MarrickG]

Most Singaporeans received a pay rise this year, according to a recent global survey of more than 3,200 professionals by recruitment consultancy Robert Walters.

The survey showed that 82 per cent of Singaporeans received a salary increase ranging from one per cent to 21 per cent.

The biggest portion of the group, 40 per cent, received a pay rise of between one and five per cent while 20 per cent received between six and ten per cent, 14 per cent received between 11 and 20 per cent and eight per cent received more than 21 per cent.

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A key point to note is that the largest increases did not come from the financial industry.

Andrea Ross, Managing Director at Robert Walters Singapore & Malaysia, says: "The large increases in 2011 predominantly came from the non-financial services industry, as salaries within the financial services sector had a sharp increase last year. Another factor contributing to the increase in salaries at the start of the year would be an added focus of companies in trying to retain their top talent by providing competitive remuneration."

The survey also revealed that the highest pay rises came in Asia - 45 per cent of respondents from China, 26 per cent of respondents in Thailand, 24 per cent of respondents in Malaysia, 22 per cent of respondents in Singapore and 21 per cent of respondents from Hong Kong received salary increases of ten per cent or more. The comparative figure for the UK was 16 per cent.

At the opposite end of the spectrum, there are countries where majority of the respondents received no salary increases at all. This includes Ireland (65 per cent of respondents), New Zealand (49 per cent), Belgium (39 per cent) and Australia (35 per cent).

 

[red amoeba]

82% includes our ministers right?

40% rcd increment 1 -5% ==> thats a pay cut given the inflation rate.

Singaporeans or any jokers who is working in Singapore?

 

[annexa]

Notice that topping the list is CHINA, which is among the lowest paid, then Thailand. What does that tell you about those who make this list? We have been UNDERPAID for too fucking long time. They are just adjusting it up a bit. Sinkies are underpaid and here is your proof.

 

[Char_Azn]

Notice that topping the list is CHINA, which is among the lowest paid, then Thailand. What does that tell you about those who make this list? We have been UNDERPAID for too fucking long time. They are just adjusting it up a bit. Sinkies are underpaid and here is your proof.

They had massive inflation in China same goes for India. Just in case you didn't know, the average Indian had a 10% increment. The list is about % paid going up NOT how much your paid went up by. There is nothing wrong with the article. U read any article on pay going up, chances are it is going to represent by %

 

[red amoeba]

Notice that topping the list is CHINA, which is among the lowest paid, then Thailand. What does that tell you about those who make this list? We have been UNDERPAID for too fucking long time. They are just adjusting it up a bit. Sinkies are underpaid and here is your proof.

===

no one will tell you they are overpaid or paid enough.

 

[annexa]

Qualify your "massive".

They had massive inflation in China same goes for India. Just in case you didn't know, the average Indian had a 10% increment. The list is about % paid going up NOT how much your paid went up by. There is nothing wrong with the article. U read any article on pay going up, chances are it is going to represent by %

 

[saratogas]

To a person who earns $2.5k per month... A pay adjustment of $500 is massive but if you earn $10k, the adjustment is terrible!

 

[Char_Azn]

Does 10% inflation counts? Let me put it this way. Our annual inflation is about 3% and we are screaming about rising cost like no tomorrow. Their inflation is 3 times higher.

 

[saratogas]

That is why in Sinkapore... One must continue to earn more $$$, always look out for opportunity. Never remain stagnant... Kissing your bosses ass can only get you that far.

$$$ is King!

 

[annexa]

Please show your data source.

Does 10% inflation counts? Let me put it this way. Our annual inflation is about 3% and we are screaming about rising cost like no tomorrow. Their inflation is 3 times higher.

 

[Char_Azn]

Please show your data source.

India overall Inflation in 2010 - 9.47%
http://www.inflation.eu/inflation-rates/india/historic-inflation/cpi-inflation-india-2010.aspx

SG overall inflation in 2010 - 2.8%
http://www.singstat.gov.sg/stats/themes/economy/hist/cpi.html

Inflation is a global problem. U can scream at the government all you want but there is only so much they can do and the fact is they've been doing a very good job as far as keeping down inflation is concern. At the very least we are not as bad as most other countries in the region

 

[tonychat]

That is why in Sinkapore... One must continue to earn more $$$, always look out for opportunity. Never remain stagnant... Kissing your bosses ass can only get you that far.

$$$ is King!

Move out of sinkieland lah....

 

[tonychat]

India overall Inflation in 2010 - 9.47%
http://www.inflation.eu/inflation-rates/india/historic-inflation/cpi-inflation-india-2010.aspx

SG overall inflation in 2010 - 2.8%
http://www.singstat.gov.sg/stats/themes/economy/hist/cpi.html

Inflation is a global problem. U can scream at the government all you want but there is only so much they can do and the fact is they've been doing a very good job as far as keeping down inflation is concern. At the very least we are not as bad as most other countries in the region

Why are you spoonfeeding these bunch of sinkie losers, tell them to go google and find themselves lah.

 

[SIFU]

Why are you the charlatan dog spoonfeeding your cum to me the sinkie loser. i love it ok.

cb kia tonychat,

so u r a cum eater. damn gross :oIo::oIo:

 

[johnny333]

India overall Inflation in 2010 - 9.47%
http://www.inflation.eu/inflation-rates/india/historic-inflation/cpi-inflation-india-2010.aspx

SG overall inflation in 2010 - 2.8%
http://www.singstat.gov.sg/stats/themes/economy/hist/cpi.html

Spore has one of the highest inflation rates, even though the gov't' stats show otherwise.

Even the poor expat finds Spore "expensive"

This year alone, Spore's electricity is going up by 12%. The food courts in my area has increased their prices from 5% to 25%. "Public" transport is requesting a price hike even though they are already making millions of $$$.

The difference in Spore is that alot of this inflation is being driven up by the PAP.

 

[annexa]

Governments have "inflation targets". USA have been inflation hawks for years. The global economy has been running on "inflation is good" for years. They think without inflation businesses cannot survive. You are contradicting a lot of people.

India overall Inflation in 2010 - 9.47%
http://www.inflation.eu/inflation-rates/india/historic-inflation/cpi-inflation-india-2010.aspx

SG overall inflation in 2010 - 2.8%
http://www.singstat.gov.sg/stats/themes/economy/hist/cpi.html

Inflation is a global problem. U can scream at the government all you want but there is only so much they can do and the fact is they've been doing a very good job as far as keeping down inflation is concern. At the very least we are not as bad as most other countries in the region

 

[Char_Azn]

Inflations have both a negative and positive effect. There needs to be a level of inflation such as wages adjustment however high inflation reduce purchasing power. All governments needs to play a balancing act of making sure the businesses are sustainable and at the same time make sure it doesn't go up too fast. No business in the world can continue to increase employee wages without increasing price.

If you haven't notice already, the current inflation troubles is an effect of Globalization. No single country in the world can control the inflation rate for the rest of the world although they can certainly screw it upside down like what the US is doing by forcing China to adjust its RMB upwards and printing money like no tomorrow.

Our Government needs to ensure that wages and GDP at the very least can keep up with inflation. Which they have been able to do for the most part. It's the bottom 15-20% which are struggling to keep up which they have done a bad job at helping

 

[red amoeba]

Inflations have both a negative and positive effect. There needs to be a level of inflation such as wages adjustment however high inflation reduce purchasing power. All governments needs to play a balancing act of making sure the businesses are sustainable and at the same time make sure it doesn't go up too fast. No business in the world can continue to increase employee wages without increasing price.

If you haven't notice already, the current inflation troubles is an effect of Globalization. No single country in the world can control the inflation rate for the rest of the world although they can certainly screw it upside down like what the US is doing by forcing China to adjust its RMB upwards and printing money like no tomorrow.

Our Government needs to ensure that wages and GDP at the very least can keep up with inflation. Which they have been able to do for the most part. It's the bottom 15-20% which are struggling to keep up which they have done a bad job at helping

==
bro...of course we cannot expect inflation. Inflation are caused by growing affluence - every one wnts to earn more and charge more...its a by-product of economic growth.

to say there is only so much a government can do,is not a fair statement. Why are we paying top money to these buggers when all they can do is shrug their shoulders and say ...too bad?

I don't need to watch a million dollar mime actor.

Electricity has been growing like crazy - and till today, no body, neither PUB nor EMA can explain to the public why on earth we need to be pegged to oil price index when natural gas - globally known to be cheaper is used to generate our power?

Transport costs are going up - why on earth is it going up when there is evidently no justification of service level improvement?

Food prices - granted, natural calamities and higher freight costs etc drive prices up and since we import majority of food, we cannot avoid. And there are choices - you can buy cheaper food...fine...

another little bugbear about your utility bill - why on earth is GST applied on water conservation tax? A tax upon a tax?

But you go force down to hawkers not to raise prices when all their costs are going up....is it fair? If you are genuinely wanting to help Singaporeans tide over this inflation period, at least, keep prices of utilities stable.

Now to China - yes, inflation there is a big big problem to the extent there had been social unrests. But lest one forget, I can basically depend on my own in China, I can move on to a remote corner, grow my own veg, fish my own fish and survive - theoretically survive.

 

[Cestbon]

$1 or $10 also salary increase.