SINGAPORE (March 5): Companies in Singapore are predicting conservative salary increases in the year ahead, after a stagnant 2018, finds a recent research report by recruitment specialist Hays.

Based on the findings of the Hays Asia Salary Guide 2019, 17% or almost one in five employees surveyed said they experienced no increase in their salaries over 2018 — higher than the city state’s historical norms — while employers reported conservative increments, averaging at up to just 3%.

In a press release on Friday (March 1), Hays highlighted salaries as the primary consideration for employees in Singapore, with only 4% claiming to be ‘very satisfied’ with their current pay levels.

Notably, three in five (60%) professionals cited compensation packages as the key reason for seeking out new roles, with the same factor being the...(click on link for full story on theedgesingapore.com)