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Wage rises for finance, tech professionals to slow

Firms turn to non-financial incentives to attract and retain staff: study

Published Thu, Apr 2, 2015 · 09:50 PM

Singapore

THE days of double-digit salary increases may be coming to an end as employers look to rein in the strong wage growth of the last three years, according to the 2015 Robert Half Salary Guide.

The study, released on Thursday, reported that wage increases for employees in three areas - finance and accounting, banking and financial services, and technology - are likely to be below 10 per cent, compared to previous years' increments.

Stella Tang, managing director of Robert Half Singapore, attributed the change to companies becoming more cost conscious. Instead, companies are opting to off…

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