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本帖最后由 mingtian2 于 30-10-2013 14:30 编辑
About 5% increase anticipated next year.
Singapore - Singaporeans can expect a salary increase of just under 5% next year, thanks to the enforced reduction in foreign employment.
In its recently published Macroeconomic Review, the Monetary Authority of Singapore (MAS) announced yesterday strong wage increments are likely to be expected because of the rise in local labour demand.
Because "firms have increasingly turned to resident workers to fill job vacancies", MAS said the "resident unemployment rate remained low, supporting wage growth of 4.5% year-on-year in H1 2013, considerably higher than the historical average of 3.3%".
Another survey from Towers Watson affirmed there was an upward wage trend across the entire Asia Pacific region, with Singapore's 4.5% wage growth appearing to be modest when compared to its neighbours.
"Salaries in China are forecast to rise 8.5% and in Vietnam 11.5% in 2014", Towers Watson reported.
MAS is also confident about Singapore's economic growth, noting the "overall GDP growth is projected at 2.5% to 3.5% in 2013 and is unlikely to be significantly different in 2014", and expects the labour market to remain at full employment.
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