23 May '12, 7am

Increasing salary expectations putting Singapore businesses under pressure

Salary expectations here are increasingly become a source of tension between businesses and their employees, according to recruitment giant Hudson's Salary and Employment Insights 2012 series of reports. -- ST PHOTO: JOYCE FANG By Jennani Durai Salary expectations are a growing source of tension between employers and employees here, according to a new series of reports released on Wednesday. Global recruitment firm Hudson's Salary and Employment Insights 2012 report found that most employees across Singapore, Hong Kong and China are looking for ways to boost their salaries - with nearly seven out of 10 employees considering finding a new job this year. Eight out of 10 employees also felt they deserved a pay raise this year. Conversely, two-thirds of employers said they were worried about losing their high-performing workers, and more than 80 per cent of hiring managers sai...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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