14 Jul '11, 11pm

Most workers in S'pore had a pay rise this year: Survey

Most workers in S'pore had a pay rise this year: Survey

SINGAPORE: More than 82 per cent of people working in Singapore received a salary increase this year, a global web survey of 3,200 professionals by recruitment consultancy Robert Walters has revealed. The large increases in Singapore this year came predominantly from the non-financial services industry, as salaries within the financial services sector had a sharp increase last year, said Ms Andrea Ross, managing director at Robert Walters (Singapore and Malaysia), in a statement released on Thursday. Of the 752 respondents in Singapore, 40 per cent received a pay rise of between 1 and 5 per cent, 20 per cent received between 6 and 10 per cent, 14 per cent received between 11 and 20 per cent and 8 per cent received more than 21 per cent. Ms Ross said the results were not surprising given Singapore saw strong economic growth last year. "Another factor contributing to the inc...

Full article: http://www.channelnewsasia.com/stories/singaporelocalnews...

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