The net employment outlook is down three percentage points from the previous quarter.
Most workers can expect salary increments of 3 per cent to less than 5 per cent, and about nine in 10 employers plan to award bonuses of one month or more to their employees, a survey of more than 500 companies found.
According to survey results released on Thursday, the net employment outlook is down 3 percentage points from the previous quarter, but up 19 percentage points from the first quarter of 2022. A hiring boom is anticipated in finance and real estate, which posted the strongest outlook – 57 per cent – among all sectors polled in Singapore, said ManpowerGroup, adding that this figure is the strongest globally for the sector.
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