Tight labour market leading to salary hikes; analysts warn of wage war | Video
Recruitment agencies in Singapore are seeing salary hikes of up to 15 per cent, especially for job hoppers amid a tight labour market, as firms aim to retain existing staff and hire new ones. But analysts warn this is not a long-term solution, and could spiral into a wage war. Clara Lee reports.
Recruitment agencies in Singapore are seeing salary hikes of up to 15 per cent, especially for job hoppers amid a tight labour market, as firms aim to retain existing staff and hire new ones. But analysts warn this is not a long-term solution, and could spiral into a wage war. Clara Lee reports.