Almost 2 in 5 Singaporeans not expecting a salary raise
But 7 in 10 are expecting a year-end bonus.
A slow global economy and restructuring industries have not dampened the expectations of employees in Singapore.
According to the latest global Randstad Workmonitor report, confidence levels of Singapore employees around securing a year-end bonus and salary raise is much higher than the global average.
Singapore employees expressed a higher confidence around securing a year-end bonus, with a positive expectation of 68%, compared to only 58% expecting a salary raise. Singapore women (73%) were much more confident than men (63%) about getting a bonus.
Global average on bonus expectation is 49% and 53% on salary raise.
Where Millennials are concerned (respondents aged 18 to 34), 71% expected a salary increase compared to only 51% of their older peers, aged between 35 and 54.
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