, Singapore

Shocker: Lawyers worry most over rising cost of living

Nearly 9 out of 10 lawyers cite rising cost of living as the main concern over the next 6 months.

According to recent survey conducted by the Michael Page International, more than half of respondents said that the ability to meet the rising cost of living is the issue of most concern over the next six months. 

As such, Michael Page notes that with economic conditions predicted to improve further throughout 2011, the pressure will  be on employers to provide salary increases for their employees to compensate for the rising cost of living.

Survey respondents, meanwhile ranked the prospect of another economic downturn as their second highest concern for the next six months. "The ongoing weakness in the US  and European economies is keeping this possibility in sharp focus," said Michael Page.

Below is a summary of the results where professionals in the legal field most worried over rising cost of living:

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.