Salary increments likely to hold steady


Pedestrians on Orchard Road in Singapore, on Nov 20, 2023. Photographer: Lauryn Ishak/Bloomberg

SINGAPORE: Workers here can expect salary increments to come in around 4% in 2024, according to recent forecasts from talent firms.

Some companies are optimistic that real wage growth is within reach compared with the decline seen in 2023, given that inflation is expected to ease.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Singapore , salary , inflation

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