Learning about your peers’ salaries can be stressful, but not knowing may cost you
Sign up now: Get tips on how to grow your career and money
A salary range gives job seekers a better sense of whether a role is worth pursuing, and provides a reference point for pay negotiation.
ST ILLUSTRATION: MANNY FRANCISCO
- Singapore workers want more information on pay, but disclosure remains largely at employers' discretion.
- The public sector has more structured salary-band disclosure, while practices vary widely in the private sector.
- Singapore may move more cautiously than some global counterparts on pay transparency, but the Workplace Fairness Act could indirectly encourage stronger pay governance.
AI generated
SINGAPORE – Every year, when The Straits Times publishes the Singapore Salary Guide, the internet buzzes with a familiar mix of dread and intrigue.
Many of us quietly click through to see how our pay compares with that of people of the same age and job title – before heading to online forums to find out what everyone else thinks. Some see the guide as a useful benchmark; others call it an “annual dose of depression”. One quip: “The only top bracket I am in is the age bracket.”
