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S'pore total pay tipped to rise 5.2% in 2015

Increase marginally up from 2014's projected 5%, despite tight labour market

Published Thu, Nov 20, 2014 · 09:50 PM

Singapore

NEXT year's pay hikes in Singapore and the rest of the region are tipped to stay close to those of recent years, despite a tight labour market.

Total pay is likely to rise 5.2 per cent in 2015 in Singapore, up marginally from a projected 5.0 per cent increase in 2014 (view infographic), according to a regional poll by Hong Kong-based human resource consultancy firm HRBS. It surveyed 1,608 companies, with 1, according to a regional poll by Hong Kong-based human resource consultancy firm HRBS. It surveyed 1,608 companies, with 157 from Singapore.

The 5.2 per cent hike is made up of 4.5 per cent in merit incre…

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