(March 6): Singaporean managers and senior staff can prepare for 5% pay increases at most this year, as the labor market stabilizes. About 93% of companies in Singapore say they will keep or raise headcount this year, according to a survey by recruitment consultancy Michael Page of almost 450 businesses in the city state . The hot jobs in Singapore are in the digital, technology and health care industries, which is where Singapore’s government is pledging more investment. In the less buoyant financial services sector, financial technology jobs should be helped by a funding plan in place to support locally-based firms, according to Michael Page. More companies are adopting strategies such as annual leave, medical benefits and completion bonuses to attract more professional contract workers, said the consultancy.

Source: The Edge Markets March 06, 2017 01:18 UTC