1、www.singapore.rgf-RGFSalary Watch 2024SingaporeRomikka GangulyManaging DirectorRGF Professional Recruitment SingaporeWe project a conservative employment land-scape for the 1st quarter of 2024,characterised by caution among both clients and candidates.Ongoing economic uncertainties continue to influ

2、ence hiring decisions,prompting a mea-sured and strategic approach in workforce plan-ning.Candidates are also displaying increased cau-tion before making job changes during this period.This may be due to the prevailing market conditions which favour job stability,necessitating a careful evaluation o

3、f the long-term implications of any career transitions.Notably,the predominant demographic of active job seekers in the market comprises of individuals who have unfortunately faced layoffs.Recognising and addressing the specif-ic needs of this talent pool is crucial,and recruitment strategies should

4、 be tailored accord-ingly to address their specific needs.Despite an overall conservative environment,some specific sectors are expected to witness expansion.Some of these industries include the Manufacturing and Electronics sectors following the increased demand in semiconductors glob-ally.Despite

5、the layoffs that have hit the global tech industry,specific roles in Research and Development(R&D)and Artificial Intelligence(AI)are poised for growth,mirroring the ever-evolv-ing demands of the market.Additionally,oppor-tunities in Supply Chain management and Tech-nology transformation are also exp

6、ected to increase,offering avenues for strategic talent acquisition.The 1st quarter of 2024 is expected to witness a stable salary environment,with no significant increases anticipated.This aligns with the cau-tious approach prevalent in the broader job market,emphasizing stability over aggressive c