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S’pore salary increments likely to hold steady while inflation abates in 2024: Talent firms

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Some companies are optimistic that real wage growth is within reach compared with the decline seen in 2023.

Some companies are optimistic that real wage growth is within reach compared with the decline seen in 2023.

ST PHOTO: LIM YAOHUI

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SINGAPORE – Workers here can expect salary increments to come in around 4 per cent in 2024, according to recent forecasts from talent firms.

Some companies are optimistic that real wage growth is within reach compared with the decline seen in 2023, given that inflation is expected to ease.

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