SINGAPORE (Nov 22): After factoring in higher inflation of 1.4% as predicted by the International Monetary Fund (IMF), the average Singaporean employee is expected to see a real salary increase of 2.6% in 2019 – down from the 2.9% increase received in 2018 and slightly below the Asia Pacific average of 2.7%.
Notwithstanding inflation, Singaporeans will see their salaries increase by 4% next year.
This is according to the latest Salary Trends survey by ECA International (ECA), which analysed current and projected salary increases for...(click on link for full story on theedgesingapore.com)