Salary raise for new hires to climb 5-10% in 2020

Submitted By:  Clarist Zablan Case Study:  No Companies are expected to be less receptive to salary negotiation. Employers in Singapore may likely offer only a slight salary raise of 5-10% for new hires in 2020, tightening their salary budgets as its justifications on the returns play a bigger part in companies’ decision-making, according to a Randstad report. Internal salary increments have been observed to be kept at a minimum, usually just as much as covering the prevailing inflation rate. Firms are also expected to be less receptive to salary negotiation efforts. read more