, Singapore

Dear employees: Salaries in Singapore set to rise by 4% next year

Check out which country in Asia will barely increase salaries.

With low inflation expected to persist in the city-state, a salary increase by 4% is likely in Singapore next year, a survey released by professional services company Willis Towers Watson. This compared to an average of 5.9% across the Asia-Pacific region.

Amongst its Asian peers, Pakistan is forecasted to rise the most by 10.2% while Japan is seen to post the smallest adjustment at 2.3%.

Other countries in the region expected to raise salaries the most are Bangladesh and India (10%), Vietnam (9.6%), Indonesia (9%), and China 7%.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.