SINGAPORE, March 21 (Xinhua) -- A total of 46 percent of Singaporean employers plan to give salary increments of 3 to 6 percent, recruitment firm Hays released the statistics on Tuesday.
The result draws from more than 3,000 employers who participated in the research and is lower than Hays' last salary review period at 52 percent.
Hays Singapore managing director Lynne Roeder said that while the economic outlook for 2017 is challenging, it is not surprising to see employers taking a moderate approach to salaries.
The poll also found that 8 percent of Singapore's employers plan to grant 6 to 10 percent salary increments for their employees, and 3 percent said they will award over 10 percent pay raise.
Meanwhile, 9 percent said they do not plan to give out any salary increases.
In term of employees' salary expectations, 29 percent of the respondents are expecting an increase of between 3 to 6 percent, while another 20 percent expect to receive an increase of between 6 to 10 percent during their next review.
Another 14 percent said they expect to receive a pay raise of more than 10 percent.
"Respondents in Singapore wanting a salary increase above what employers are planning to award are advised to do their homework and know why their performance merits a larger increase," said Roeder.
