© EON Consulting & Training Pte Ltd
Reg. No.: 201301501N
| Singapore 2024 Salary Forecast | |||
|---|---|---|---|
| Sources | Estimated Increase in Salary | Estimated Inflation Rates | Estimated Increase in Real Wages |
| ECA International | 4.00% | 5.50% | -1.50% |
| Mercer LLC | 4.2% | 3.5%[1] | 0.7%[2] |
| Average | 4.10% | 5.80% | 0.6% |
| [1]Forecasted inflation rate was not found in Mercer’s report. The figure presented is approximated (3.0% - 4.0%), as stated in Monetary Authority of Singapore (MAS). Monetary Policy Statement – Oct 2023. [2] Figure is derived from subtracting Estimated Inflation Rates from Estimated Increase in salary. |
© EON Consulting & Training Pte Ltd
Reg. No.: 201301501N
