The Exciting 2010: Expect 2.6% payrise!!

Indeed. Very exciting. And I don't mean to be sarcastic. Any increment is fantastic, isn't it? We're racing in a wonderfully painful rat race!

PS. And what the hell is 'modes'? Is that supposed to be 'modest' or 'more'?

There is more evidence that Singapore workers can look forward to modes pay increases next year as the job situation here continues to improve.

A survey report released on Friday by global human resources firm Hewitt Associates showed that employers here are set to raise pay by 2.6 per cent next year.

Also, most companies polled do not expect to freeze salary in 2010, with the incidence of this down from a high of 60.3 per cent in 2009 to 12.8 per cent for 2010.

Hewitt's Singapore salary increase survey involved polling 153 companies between July and August.

Its findings come a day after human resource firm ECA International released a survey which showed that employees here can expect a 3 per cent pay rise as early as next year.

ECA also found that 11 per cent of 99 companies polled here are proposing salary freezes next year, down from 39 per cent earlier this year.

From Straits Times, "Expect 2.6% payrise".


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