Dear A.S.S. Editor
An annual survey by recruitment firm Robert Walters on the employment and wage outlook globally have indicated that most employees in Singapore will not get a pay hike this year. Unless you are working in the information technology (IT) and digital marketing sectors, where talent is scarce, then hopes of seeing more money coming in this year through salary will not be fulfilled.
The only thing that will see an increase in Singapore is the cost of living. so, while our salaries remain constant, and no hope of seeing a pay hike for one whole year, prices will keep going up and up. In fact, already started, citing the CNY period as a factor.
Thank you! No need to work so hard this year. Your salary will not increase.