But come 2016, that figure is expected to drop to 2.2 percent.
This was reported by consulting firm ECA International.
This 2.2 percent wage increase is lower than the Asian average of 3.1 percent.
ECA International says that Singapore’s relationships with major economies in the ASEAN region and China will see it affected by the slowdown in emerging markets.
Salaries increases are expected to rise to similar rates in recent years once economic growth is more stable.