Salary Increase

Ho Ching Sends Cryptic Message After Leader of Opposition Pritam Singh Announces Salary Donation

When Pritam Singh announced he would be donating 50% of his salary, the all-noble and charitable Ho Ching was so surprised by his generosity that she wanted people to know that there are also people (ehem) who donate without making announcements.

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EMPLOYEES EXPECT MORE SALARY INCREASE, EMPLOYERS SAY DREAM ON

The survey about salary increases in Singapore really brings out the stark reality between what employees want, and what employers are willing to give.

Seems like 20% employees polled indicated that they expect a 6-10% increase in their salary, while a further 14% expect a 10% or more increase. This is in stark contrast to employers, where only 8% of employers expect to award a 6-10% increase, while only 3% plan on awarding more than a 10% increase.

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SALARY INCREASES IN 2017 WILL NOT OFFSET PRICE INCREASES EVERYWHERE ELSE

There were some reports that despite Singapore's gloomy economic outlook for 2017, Singaporean employers are still expecting to award their staff with salary increases, although the increases are negligible. In the survey, most of the companies indicated that salary increases of between 3-6 % are expected.

As have been said countless times before, these negligible pay increases, although are very welcome indeed, will not help most people facing tougher financial challenges. How to? Water price already slated to go up by 30%! That is not counting into effect the other fare increases, like the town councils service charges, transport fares, and even food prices, due to the water price hike.

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DID SINGAPOREAN SALARIES REALLY INCREASE BY 3.9% LAST YEAR?

As I understand that the narrative emphasis on wage reports has always been on the gross median salary – why the sudden apparent switch to total wage change now? Of course the real total wage change of 3.9 per cent looks much better than the real gross median salary increase of just 0.8 per cent.

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