Korn Ferry

Here's what to look out for in the global economy this week.

“We believe that 2020 is likely to be a year of two halves: the first half will be spent dealing with safety, containment, continuity, and contingency planning,” says President of Korn Ferry for Asia-Pacific Michael Distefano.

SINGAPORE (Jan 31): Singapore’s workforce is due for an average salary increase of 4% this year compared to 3.7% predicted in 2018, according to a forecast issued today by consulting firm Korn Ferry.

SINGAPORE (June 21): By 2030, Singapore can expect to pay an extra US$29,065 ($39,600) per highly-skilled worker per year – representing a wage premium equivalent to about 10% of the city state’s 2017 GDP.

SINGAPORE (Dec 13): Asia will see the highest real wage growth globally, says the Hay Group division of Korn Ferry in its 2018 Salary Forecast.