Our Wages are going to increase! YES!!

[MaxRiley]

Seems like our economy is doing so much better than other parts of the world! PMEs like us will be able to enjoy better wages!

http://www.businesstimes.com.sg/breaking-news/singapore/new-market-jobs-driving-wage-inflation-singapore-robert-walters-20140813

New-to-market jobs driving wage inflation in Singapore: Robert Walters

A candidate-driven market is expected to push wage inflation in Singapore, according to the latest Robert Walters Asia Job Index Q2 2014 report.
The report - which tracks job advertising volumes for professional posts across major job boards and national newspapers in China, Hong Kong, Japan, Malaysia, Singapore and South Korea - found that job advertisements were up 59 per cent year-on-year in the second quarter this year.
For Asia, overall job advertisements were up 28 per cent year-on-year, pointing to a more active employment market.
"With the Fair Consideration Framework gathering pace in Singapore, the demand for local talent rose across industries. However, it remained a candidate driven market which left positions vacant for extended periods and longer-running job advertisements," said Toby Fowlston, managing director (Singapore) for recruitment consultancy firm Robert Walters.

 

[zhihau]

altogether now!!! HUAT AH!!!

 

[winnipegjets]

Seems like our economy is doing so much better than other parts of the world! PMEs like us will be able to enjoy better wages!

http://www.businesstimes.com.sg/breaking-news/singapore/new-market-jobs-driving-wage-inflation-singapore-robert-walters-20140813

New-to-market jobs driving wage inflation in Singapore: Robert Walters

A candidate-driven market is expected to push wage inflation in Singapore, according to the latest Robert Walters Asia Job Index Q2 2014 report.
The report - which tracks job advertising volumes for professional posts across major job boards and national newspapers in China, Hong Kong, Japan, Malaysia, Singapore and South Korea - found that job advertisements were up 59 per cent year-on-year in the second quarter this year.
For Asia, overall job advertisements were up 28 per cent year-on-year, pointing to a more active employment market.
"With the Fair Consideration Framework gathering pace in Singapore, the demand for local talent rose across industries. However, it remained a candidate driven market which left positions vacant for extended periods and longer-running job advertisements," said Toby Fowlston, managing director (Singapore) for recruitment consultancy firm Robert Walters.

I think you tan ku ku. Look at the US for the trend, jobs have grown there to pre-recession level but wages are down 25 percent from pre-recession level.

 

[johnny333]

Is this an attempt by the PAP to paint a rosy picture prior to the GE

 

[palden]

I think you tan ku ku. Look at the US for the trend, jobs have grown there to pre-recession level but wages are down 25 percent from pre-recession level.

Did notice increase in quite a number of sectors. Even many Gahment agencies have increment plus market adjustment.