salary

US, China closer to trade deal despite harsh rhetoric

SINGAPORE (Nov 22): After factoring in higher inflation of 1.4% as predicted by the International Monetary Fund (IMF), the average Singaporean employee is expected to see a real salary increase of 2.6% in 2019 – down from the 2.9% increase received in 2

SINGAPORE (Sept 18): Over half the companies in Asia Pacific are failing to compensate their staff effectively and fairly, suggests a new study conducted by Willis Towers Watson.

SINGAPORE (May 28): Expatriates in Singapore are now receiving significantly less wages than before, even as the city state remains one of the 20 most expensive countries to employ expat staff in, finds an annual study published by ECA International.

SINGAPORE (July 11): Generation Z – those born between 1997-2010, otherwise known as Gen Z – now make up 30% of Singapore’s resident population with the vast majority of them entering the local workforce.

SINGAPORE (May 25): While working for an ethical organisation is an imperative for some, Singapore’s employees appear to be more apathetic towards the subject than others in the Asia Pacific (APAC) region.

HONG KONG (May 18): The value of pay and benefits packages for expatriates moving to Hong Kong and Singapore continued to decline last year, according to consultancy firm ECA International.

WASHINGTON/TOKYO (March 16): Unemployment is falling almost everywhere. Wages aren’t rising much anywhere.

SINGAPORE (March 6): Singaporean managers and senior staff can prepare for 5% pay increases at most this year as the labour market stabilises.

BERLIN (Feb 27): Deutsche Bank AG cut its bonus pool for 2016 by almost 80%, Frankfurter Allgemeine Sonntagszeitung reported, a figure unmatched in the bank’s recent history as it tries to counteract the impact of low interest rates and legal expense