Advertisement
Singapore markets closed
  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     
  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     
  • Bitcoin USD

    63,836.70
    -798.92 (-1.24%)
     
  • CMC Crypto 200

    1,330.48
    -66.06 (-4.73%)
     
  • S&P 500

    5,105.39
    +56.97 (+1.13%)
     
  • Dow

    38,264.48
    +178.68 (+0.47%)
     
  • Nasdaq

    15,944.69
    +332.93 (+2.13%)
     
  • Gold

    2,349.30
    +6.80 (+0.29%)
     
  • Crude Oil

    83.65
    +0.08 (+0.10%)
     
  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     
  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     
  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     
  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

Almost 2 in 5 Singaporeans not expecting a salary raise

But 7 in 10 are expecting a year-end bonus.

A slow global economy and restructuring industries have not dampened the expectations of employees in Singapore.

According to the latest global Randstad Workmonitor report, confidence levels of Singapore employees around securing a year-end bonus and salary raise is much higher than the global average.

Singapore employees expressed a higher confidence around securing a year-end bonus, with a positive expectation of 68%, compared to only 58% expecting a salary raise. Singapore women (73%) were much more confident than men (63%) about getting a bonus.

Global average on bonus expectation is 49% and 53% on salary raise.

ADVERTISEMENT

Where Millennials are concerned (respondents aged 18 to 34), 71% expected a salary increase compared to only 51% of their older peers, aged between 35 and 54.



More From Singapore Business Review