Ernst & Young had an off-cycle pay adjustment in April for some parts of the firm, on top of a special bonus payout last year and the annual salary review in October, it said in a response to Bloomberg queries.
The Big Four accounting firms are showering staff with pay increases in Singapore, where an acute labour shortage is driving a fierce contest for talent.
PricewaterhouseCoopers and Deloitte lifted base salaries starting from July 1, according to internal documents from the two firms reviewed by Bloomberg News.
