2.6% pay increase likely

EVIDENCE is growing that Singapore workers can look forward to modestly fatter salaries next year and that the job situation here is improving.

A survey out last Friday from global human resources firm Hewitt Associates showed that employers in Singapore are poised to raise pay by 2.6 per cent next year.

In addition, most companies polled do not expect to freeze salaries next year - down from a high of 60.3 per cent this year, to just 12.8 per cent expected next year.

Mr Samir Bedi, Hewitt's South-east Asia performance practice leader, said: 'The compensation sentiment is more positive with organisations ready to take on 2010 with a fresh, energised outlook to manage talent.'

Hewitt's Singapore Salary Increase Survey polled 153 firms in July and August this year. Its findings came a day after human resource firm ECA International released a survey which showed employees here can expect a 3 per cent pay rise next year.

ECA also found 11 per cent of 99 firms polled here are proposing salary freezes next year, down from this year's 39 per cent.

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