No ceca this happens. Not good for bosses!

[syed putra]

Singapore salaries to rise in 2020 as talent pool is 'shrinking': Mercer survey

TUE, DEC 03, 2019 - 1:09 PM
cbdST.jpg "Talent pools are shrinking," according to Mercer, which said that Singapore companies may struggle to keep workers even after offering more compensation. ST FILE PHOTO
[SINGAPORE] Singapore's economy may be facing headwinds and inflation's muted but companies in the South-east Asian city-state are set to step up salary increases next year in a bid to retain staff, according to a survey.

The overall increase projected for 2020 is 3.7 per cent, up from a 3.6 per cent rise this year, according to Mercer LLC, which conducted the survey across industries from banking and finance to real estate.

One in three companies now pay retention bonuses, up from one of four in 2017, it said.

Mercer’s annual compensation and benefits benchmarking study identifies key remuneration trends and predictions for hiring and pay for the year ahead. This year, nearly 1,000 companies participated in Mercer Singapore’s survey.

 

[A Singaporean]

Sinkies must be paid a decent salary. Ministers are already paid millions and yet some are complaining that it is not enough.

 

[laksaboy]

Save us, Ramesh!

 

[halsey02]

Sinkies must be paid a decent salary. Ministers are already paid millions and yet some are complaining that it is not enough.

Ministers salaries are indecent.

 

[searcher1]

To all the SG landlord, once FT rent your house/room, it means Local Citizen gets to lose his/her job. So please inflate rental pricing by 500% to show your support