Job seekers in Singapore willing to accept lower pay as Covid-19 hits hard

A survey in June and July found that over 50 per cent of respondents were willing to take on jobs with a lower salary.ST PHOTO: KUA CHEE SIONG

SINGAPORE, Oct 5 (The Straits Times/ANN) - Former manager Lau Disan was doing well before the pandemic hit, but she has had to take a 50 per cent pay cut after switching from the ravaged retail industry to early childhood education.

Her experience is far from rare: Many job seekers are now willing to accept lower salaries because of the tight employment market and difficult economic conditions brought on by the coronavirus, experts said.