SUBSCRIBE: Newsletter

Human Resources

Toggle

Article

salary increment in Singapore - iStock

Industries with the highest salary increment in Singapore



"The Asia Recruitment Award is the oscars of the recruitment industry. A display of the best of the best!"
Start your entries preparation early.
Open to both in-house recruitment & talent acquisition teams and recruitment solution providers.

JobStreet.com’s Job Outlook Report found 44% of Singaporean employees did not receive any salary increment last year.

Surveying 400 Singaporean employees across various industries, it further revealed the top five industries with the highest salary increment with or without a promotion.

The hotel / hospitality (23.6%) industry was found to be the top when it comes to salary increments that come with a promotion, followed by the food and beverage / catering / restaurant (18.3%), and manufacturing / production (17.1%) industries.

When it comes to an increment without a promotion, the consumer products / FMCG (39.6%) industry came out top. In second place was the construction / building / engineering (14.1%) industry, while third went to the accounting / audit / tax services (13.3%) industry.

JobStreet.com_Salary Increment infographic

JobStreet’s survey also revealed slight improvements in job-market sentiment, with only 5% of hirers expecting a total hiring freeze – down from 21% last year. Key intentions for hiring include replacing or filling essential positions.

Additionally, the survey found that the top three benefits employees want were health insurance, medical coverage for family and flexible working plans.



Power a future-proof HR by driving intelligent business solutions and talent analytics. Learn how to at Accelerate HR 2020 with more than 120 HR peers.
Download the conference brochure and pre-order your tickets today.

Read More News

in Hong Kong by

人力資源策略不求變?

Beam Suntory亞洲新興市場人力資源總監IljaRijnen指出人力資源部門需要致力成為真正的業務夥伴,而不是只負責制定5年策略。..

Trending