2021 Salary Projection: 1 in 4 Firms in Singapore Plan to Implement Salary Freezes, Salary Increment Projected to Soften

2021 Salary Projection: 1 in 4 Firms in Singapore Plan to Implement Salary Freezes, Salary Increment Projected to Soften


Mercer’s annual Total Remuneration Survey (TRS) for 2020 has revealed that the overall salary increase projected in 2021 for Singapore will soften only slightly to 3.5 percent compared to 3.6 percent in 2020. Many organizations in Singapore are continuing to take a cautious approach to salary increments as they navigate the impacts of COVID-19. Heading […]
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Date: 19th November 2020 at 09:02
Author: hrinasia – Nurlita

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