Modest pay hikes on the cards next year: Surveys

Firms still hiring despite slowing economy; those with niche skills can expect larger increments

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ST ILLUSTRATION: MANNY FRANCISCO

Workers in Singapore will likely see modest salary increases next year despite the economic slowdown this year, according to two survey reports published recently.
Professionals staying in their jobs can expect salary increments of between 1 per cent and 7 per cent next year, while those who switch jobs can expect a 5 per cent to 15 per cent rise, said recruitment firm Robert Walters yesterday.
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