Singapore Managers Can Expect Pay Increases of 5% At Most

About 93 percent of companies in Singapore say they will keep or raise headcount this year, according to a survey by recruitment consultancy Michael Page of almost 450 businesses in the city state . Only 36 percent said they will recruit new hires.  Singapore’s unemployment rate recently hit a six-year high of 2.2 percent, though the country still remains one of the easiest places in the world to find work.