MOM’s 2021 Wage Practices Report is out! Here’s a quick summary:
Total wage growth in 2021 was 3.9%, comparable to 2019
3 in 4 employers reported profits last year
7 in 10 employees enjoyed higher wages in 2021
This rebound reflects Singapore’s strong economic recovery and a tight labour market.
Read more at: https://stats.mom.gov.sg
