06 Feb '12, 8am

Salary increases to average 3-6%: survey

SINGAPORE - Singapore's workforce can expect an average salary increase of between three and six per cent this year, with half the employers surveyed for the 2012 Hays Salary Guide saying they would offer salary increases in that range. A further 23 per cent will increase above six per cent, said Hays, a recruitment consultancy, which surveyed over 900 employers across Singapore, China, Hong Kong and Japan, as well as its own placements. Last year, 44 per cent of employers in Singapore increased salaries between three and six per cent. A further 21 per cent gave an increase above six per cent. But 28 per cent gave increases of less than three per cent, while the final seven per cent gave no increase at all. Looking ahead, 22 per cent of employers intend to increase salaries by less than three per cent, while five per cent intend to offer no increases when they next review ...

Full article: http://www.todayonline.com/Singapore/EDC120206-0000116/Sa...

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