Finance and technology professionals are generally better paid in Hong Kong than in Singapore, with investment-banking analysts earning 46% more than in the South-East Asian city-state, according to a report from Bloomberg Intelligence.
Editor's Note: The 20th National Congress of the Communist Party of China is to start a new chapter in the saga of reform and opening-up that energized the Chinese economy over the last four decades and made it the world's second-largest. It also sets the tone for improving the business environment for global firms, big and small, operating in the country. China Daily publishes a series of Q&As with business executives from leading MNCs featuring their outlook for the Chinese economy as well as their hopes for the future prospects of their businesses in China.
The highest paying roles across 10 sectors in Singapore and Malaysia in 2021 Details Salary was found to be the primary concern for both employees (49%) and candidates (58%) in 2021.
According to the 2021 Hays Asia Salary Guide, however, salaries stagnated over the last year, with 35% of companies across Asia providing no increase - almost double that of 2020 (18%).
Additionally, 6% of companies in Asia decreased wages, and these trends are likely to continue in 2021, with 37% of employers forecasting stasis and 4% predicting decrement.
Apart from salaries, jobseekers have been found to regularly demand flexible work options when chasing a new role, with home and mobile working the most preferred option (63%) followed by flexitime (57%) and compressed hours (28%).