About 95% of employers could raise salaries by 10% to keep talent.
Almost all (95%) employers in the financial services sector are willing to raise salaries by as much as 10% in order to keep their talent, recruiter Robert Half revealed. The study identified the five best-paying jobs in Singapore that will be able to command higher starting salaries when interviewing for a new job.
Employers are willing to pay business managing planners a median salary of $98,000, the highest amongst for jobs in the study. “Singaporean businesses within the financial services sector are increasing their focus on forward-thinking planning and strategy to face ongoing disruption within the industry – resulting in increased demand for innovative business planning manager,”
Internal auditors that monitor risks and increase the efficiency of internal processes can get a median salary of $95,000. Credit risk managers (which can get paid a median salary of $95,000) and compliance managers ($95,000) are also in demand.
Meanwhile, financial reporting managers can receive a median salary of $92,000. “Professionals with experience in the financial reporting and financial management space will continue to be in demand throughout 2018 within Singapore’s financial services industry as companies seek to optimise their financial reporting and analysis systems,” Robert Half said.
Robert Half Singapore managing director Matthieu Imbert-Bouchard commented, “Money talks – especially in the financial services sector where salary remains a determining factor in whether or not jobseekers accept a role. And whilst financial incentives are just one component that makes up an attractive remuneration package, Singapore’s financial services employers understand that in order to attract the best talent then they need to offer competitive salary rates.”
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