Workers can expect 3.8 per cent raise this year: survey

SINGAPORE- Employers are preparing to pay workers more as the economic outlook improves and to offset two looming threats to Singapore's recovery: inflation and a talent crunch.

They are ahead of countries like Japan and South Korean and behind only Australia, noted the survey by advisory firm Willis Towers Watson that covered 5,728 companies across Asia Pacific . The hiring economy has been changing so fast that 25 per cent of the survey respondents said they tore up their original payroll estimates made just less than four months before to reflect the new trends.

The most convincing reasons that would make them stay put are a pay raise , better work-life balance and more flexibility in where they work .

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