SINGAPORE (Mar 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 last Friday, Hays highlights salaries as the primary consideration for employees in Singapore, with only 4% claiming to be ‘very satisfied’ with their current pay levels.

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