Career & Education
Salary and Workplace Trends in Singapore: How to Plan your next Career Move
By Financial Horse  •  March 22, 2023
This article was written by a Financial Horse Contributor. The current state of the Singapore workplace 2022 was a “candidate-driven” job market – there were more open seats than qualified talents to fill them. That was the result of almost every sector starting to hire across multiple roles as the economy opened. Salaries surged like Grab prices on a Friday night. Top talent could pit hiring organisations against one another as each tried to bump their offer to secure the candidate. This was the same story for fresh graduates. In prior Graduate Employment Surveys (GES), median salaries for fresh graduates typically go up in $100 increments yearly. But in 2022, it increased from $3800 to $4200. Did you ask for enough? The hot market in 2022, combined with rising inflation, meant that many employees were expecting a bigger pay bump. According to a Morgan McKinley report, 69% of employees received a salary increase in 2022....
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By Financial Horse
Financial Horse was founded with a simple goal – To provide high quality financial commentary, in plain English. He is a firm believer in Einstein’s quote that “If you can’t explain it to six-year-old, you don’t understand it yourself.” Too much of finance is shrouded in complex jargon, and Financial Horse aims to demystify financial investments.
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