Real wages in Singapore grew 0.4% in 2023, similar to 2022

Real wages in Singapore grew 0.4% in 2023, similar to 2022

All industries and all types of employees experienced wage growth last year, the ministry said, though it pointed out that the changes were smaller than in the year before. The wage growth of senior management employees was 4.6 per cent, while rank-and-file and junior management employees experienced 4.8 per cent and 6.3 per cent wage … Read more